Commercial Loan Services Specialist 3

Huntington-Bank; Columbus (OH); Hybrid; USD 60,000 - 85,000; Full time

Job summary

Huntington is seeking a Commercial Loan Services Specialist 3 to join the Agency Services team. You will manage a portfolio of high-value participated and syndicated loans, perform closing and booking, and coordinate with Participant banks on transfers and rates.

Responsibilities include preparing advisory notices, reviewing credit agreements, and researching loan discrepancies. The role requires strong analytical skills and excellent communication, with a flexible work arrangement offered.

Qualifications

• 2+ years of related experience involving commercial loan documentation.
• Experience with ACBS loan system and loan closings.
• Strong ability to interpret credit agreements and reconcile balances.
• Excellent written and verbal communication skills.

Responsibilities

• Work independently on a loan portfolio of Participated and Syndicated loans.
• Close and book syndication loans on the ACBS loan system.
• Prepare detailed advice to Participant Banks notifying them of recent transactions.
• Handle rate options for balances and transfer of funds with participant banks.
• Research discrepancies and monitor suspect reports on loans.

Skills

Time management

Analytical thinking

Organizational skills

Self-starting

Communication skills

Education

High school diploma or GED

Associates degree

Tools

ACBS loan system

Microsoft Office

Job description

DescriptionSummary:The Commercial Loan Services Specialist 3 is a member of the Agency Services team within the Commercial Loan Services group. This team is responsible for servicing the bank’s Commercial Participated and Syndicated portfolios which include processing payments and advances, initiating wire transfers, processing transactions on syndicated loans and settling with member banks same day, balancing loans in line with the Agent banks, complex research of loans, loan closing and booking of Syndication loans including collateral review, and working closely with Participant banks and internal business partners.Duties and Responsibilities:Work independently on an assigned loan portfolio of high dollar Participated and Syndicated loans and complete transactions within the terms of the executed credit agreement.Responsible for working loans that Huntington acts as the Agent bank on.Work closely with Syndication Directors on upcoming closings.Involvement in attorney calls on preliminary documentation and review based on HNB requirements.Closing and booking of Syndication loans on ACBS loan system.Prepare detailed advice to Participant Banks notifying them of recent transactions.Work directly with customers on rate options for balances of their loans and transfer of funds.Send/Receive wires from participant banks for requirement settlements.Maintain acceptable quality standards.Research discrepancies with loan balances and work closely with Participant Banks, interpreting credit agreements, and reviewing loan and rate history.Monitor and complete various suspect reports and correct accounting/billing errors on loans in ACBS within the terms of the executed credit agreement.Performs other duties as assigned.Basic Qualifications:High School Diploma, GED or equivalent2+ years of related experience involving Commercial Loan documentation (i.e, review, documentation preparation, account maintenance)Proficient experience with Microsoft Office SuitePreferred Qualifications:Associates degreeExperience reading and interpreting load documentsSelf-starting individual with excellent follow through, time management, analytical thinking and organizational skillsExperience working in a production environment under time constraints and strict deadlinesParticipation/Syndication experienceExcellent communication skills; both written and verbalExperience working on a Syndicated Loan SystemFinancial balancing and reconciling experienceExperience handling large dollar transactionsStrong analytical problem solving skillsUnderstanding or ability to learn complex business processes involved in Commercial LendingPassion for HNB’s corporate vision – i.e., to be an Essential Partner – for both our internal and external customersCommitment to demonstrate our corporate values of Forward-Thinking, Can-Do Attitude and Service HeartExempt Status: (Yes = not eligible for overtime pay) ( No = eligible for overtime pay)NoWorkplace Type:OfficeOur Approach to Office Workplace TypeCertain 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.Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.