Money Desk Associate

Position Summary

Join a team focused on the success of our customers, the success of our communities, and the success of each other. Farm Credit East (FCE) is the leading provider of loans and farm advisory services to farm, forest product, fishing, and other agricultural business owners across the northeast with $11.7 billion in total loan volume and $29 million in annual financial services revenue from 18,000 customers across our 8-state territory. We are One Team Working Together with a focus on our five pillars: Outstanding Customer and Employee Experience, Quality Growth, Operational Excellence, Commitment to our Communities, and Protecting Customer Information. 

The Money Desk Associate works with the Money Desk team to support cash management functions, including wires, ACH and reconciliations that serve as a key control for Farm Credit East.  In addition to daily production responsibilities, the employee is expected to help identify and implement improvements as needed.  Support to financial projects is expected as time permits.

The value drivers for this role are as follows:

• Provide an outstanding customer experience via timely, easy, and hassle-free access to their available loan funds.
• Protects Farm Credit East and customer information by serving as a key control in fraud prevention.

Come join a collaborative, customer-focused team at Farm Credit East!

Duties and Responsibilities:

Financial Accounting

• Performs daily reconciliation of CoBank and related checking accounts for FCE
• Helps clear all outstanding items affecting CoBank reconciliations
• Processes all daily wire and ACH activity for FCE 
• Processes daily lockbox file and rejects including all balancing of related GL account
• Provides research and GL support to aid the marketplace requests that are received by the Money Desk

Monetary and Patronage

• Works collectively with Farm Credit East (FCE) management, the finance and accounting team and marketplace staff, FPI and all external partners to support all aspects of the Money Desk/cash management functions performed by FCE 
• Maintains internal documentation of process, procedures and controls 
• Works with the Money Desk team to support FCE’s patronage program

Job Qualifications and Requirements:

• This position requires a Bachelor's degree in Accounting, Finance, Business or a related field.
• We offer hybrid work options after two weeks of employment with Farm Credit East. Hybrid work options are determined based on job role and balancing the needs of the customers, the team, and individual work performance. This will be reviewed based on manager discretion.

Compensation and Benefits:

• Salary Range: $53,000 to $65,000 commensurate with experience
• Short-Term Incentive to reward business results
•  Retirement Contributions :
  • 401k match up to 6% of salary; or for those unable to take full advantage of the 401(k) match, verified student loan payments may qualify for an employer match in your 401(k) up to 6% of salary
  • Defined Contribution retirement plan funded at 2-9% of salary depending on years of service
• Time Off:
  • 15-25 days of vacation leave per year, depending on years of service
  • 12 days of holiday leave per year
  • 7.5 days of sick leave in your first year, followed by 12 days of sick leave per year thereafter; unlimited rollover of unused sick leave year to year
• Health and Insurance:
  • Comprehensive medical, dental, and vision plans, including preventive care and wellness programs to support your overall health and well-being
  • Health Savings Account
  • Life insurance at 2x base pay
  • Accidental Death and Dismemberment insurance at 2x base pay
  • Long-term disability insurance at 2/3 base pay
• Additional Benefits: 
  • Tuition reimbursement
  • Continuing education and training
  • Employee Assistance Program offering a wide variety of tools and resources

Farm Credit East is an Equal Opportunity Employer. As an Equal Opportunity Employer, we do not discriminate on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity or expression, age, marital status, parental status, political affiliation, disability status, protected veteran status, genetic information or any other status protected by federal, state or local law. It is our goal to make employment decisions that further the principle of equal employment opportunity by utilizing objective standards based upon an individual's qualifications for a specific job opening. In compliance with the Americans with Disabilities Act (“ADA”), if you have a disability and would like a reasonable accommodation in order to apply for a position with Farm Credit East, please call 1-800-562-2235 or e-mail FarmCreditCareers@farmcrediteast.com