Senior Syndicated Loan Services Specialist

Huntington Bank

Bloomfield Hills (MI)

On-site

USD 60,000 - 90,000

Full time

7 days ago
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Job summary

Huntington Bank is seeking a Commercial Loan Services Specialist III to join the Agency Services team within Commercial Loan Services. The role focuses on servicing Participated and Syndicated portfolios, processing payments, wire transfers, and loan closings while coordinating with agent banks and participant banks.

You will work with Syndication Directors on closings, review loan documents per HNB requirements, and ensure accurate balance accounting and reconciliation in ACBS.

Qualifications

  • 2+ years of related experience involving Commercial Loan documentation (review, documentation preparation, account maintenance).
  • Proficient experience with Microsoft Office Suite.

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

Communication skills
Analytical thinking
Time management
Organizational skills
Self-starting
Attention to detail
Microsoft Office Suite

Education

High School Diploma or GED
Associates degree

Tools

ACBS loan system

Job description

Huntington Bank is seeking a Commercial Loan Services Specialist III to join the Agency Services team within Commercial Loan Services. The role focuses on servicing Participated and Syndicated portfolios, processing payments, wire transfers, and loan closings while coordinating with agent banks and participant banks.

You will work with Syndication Directors on closings, review loan documents per HNB requirements, and ensure accurate balance accounting and reconciliation in ACBS.

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