Senior Syndicated Loan Operations Specialist

Huntington National Bank; Bloomfield Hills (MI); On-site; USD 55,000 - 75,000; Full time

Job summary

Huntington National Bank seeks a Commercial Loan Services Specialist 3 to join the Agency Services team within Commercial Loan Services. You will manage high-dollar Participated and Syndicated loans, process payments, advances, wires, and balance loans with agent banks, while collaborating with Syndication Directors and internal partners.

The role requires reviewing loan documents, maintaining data integrity, and providing accurate advisory notes to Participant Banks.

Qualifications

• 2+ years of related experience involving Commercial Loan documentation (i.e, review, documentation preparation, account maintenance).
• Strong analytical problem solving skills.
• Experience reading and interpreting loan documents.

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.

Skills

Analytical thinking

Time management

Organizational skills

Communication skills

Education

High School Diploma

Associates degree

Tools

ACBS loan system

Microsoft Office Suite

Syndicated Loan System

Job description

Huntington National Bank seeks a Commercial Loan Services Specialist 3 to join the Agency Services team within Commercial Loan Services. You will manage high-dollar Participated and Syndicated loans, process payments, advances, wires, and balance loans with agent banks, while collaborating with Syndication Directors and internal partners.

The role requires reviewing loan documents, maintaining data integrity, and providing accurate advisory notes to Participant Banks.