Commercial Loan Services Specialist 2

Huntington National Bank; Michigan; On-site; USD 42,000 - 62,000; Full time

Job summary

Huntington National Bank is seeking a Loan Boarding Specialist to onboard commercial loans into the AFS system, leveraging Velocity and CLOS. The role requires reading complex legal documents and understanding underwriting terms. Cross-training within the team and collaboration with Legal, Risk, and Credit Administration are key aspects.

This is in-office work, with no remote option. Candidates should have a high school diploma, 2+ years in financial services, and commercial loan documentation

Qualifications

• High School Diploma or equivalent required.
• 2+ years’ experience in a financial-service related position.
• Commercial Loan documentation experience preferred.

Responsibilities

• Boarding of commercial loans to the AFS system via Velocity and CLOS.
• Read and interpret complex legal documentation.
• Understand underwriting analyses, terms and conditions where applicable.
• Cross-train to perform other team functions.
• Support Loan Closers, ARAs, Loan Administrators, and Portfolio Managers.

Skills

Excel

Communication

Time management

Education

High School Diploma

Tools

Velocity

CLOS

Microsoft Excel

Microsoft Word

Job description

Description

This position is responsible for the boarding of financial data to AFS for all commercial loans. This position requires adherence to Bank Credit, Compliance and Risk guidelines.

• Colleague is responsible for loan set up of the commercial loans received from Commercial and Industrial, Commercial Real Estate, Private Client Group, Private Equity Group, Auto Finance, Asset Based Lending and Special Assets.
• This includes boarding of loans to the AFS system through the upfront systems of Velocity and CLOS.
• Additionally, the colleague must be able to read and interpret complex legal documentation.
• Ability to read and understand underwriting analysis, terms and conditions is a plus.
• Colleague will cross-training to perform other functions within the team.
• This area is an Essential Partner to various business areas including the Business Loan Center, Legal, Segment Risk, and Credit Administration.
• Team provides support to Loan Closers, ARA’s, Loan Administrator and Relationship and Portfolio Managers

This position is not open for remote

Basic Qualifications:

• High School Diploma or equivalent required
• 2 or more years’ experience in a financial-service related position
• Commercial Loan documentation experience

Preferred Qualifications:

• Experience in bank operations
• Must be able to work overtime as needed during peak periods, usually at end of month
• Ability to make independent decisions required
• PC knowledge must include Microsoft Excel and Word
• Knowledge of financial transactions preferable
• Ability to manage time effectively
• Detail-oriented and thorough
• Ability to communicate effectively (verbal and written)
• Ability to solve problems
• Demonstrated dependability (attendance)
• Ability to work in a fast-paced environment adhering to the service level agreement and quality requirements
• Commitment to Huntington’s Values – Service, Accountability, Teamwork, Communication, Inclusion, and Continuous Improvement

Exempt Status: (Yes= not eligible for overtime pay) ( No = eligible for overtime pay)

No

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington’s Career Web Site for more details.