Syndicated Loan Operations Specialist

Banco Santander SA; United States; On-site; USD 100,000 - 123,000; Full time

Job summary

Banco Santander SA in the United States seeks an Agency Desk Associate to oversee syndicated and bilateral loan facilities as Administrative/Collateral Agent. You will coordinate with borrowers, lenders, Front Office, Legal, Credit Risk and Operations to ensure accurate processing, timely closings, and compliant servicing across the loan lifecycle.

The role requires experience in syndicated lending, strong detail orientation, and the ability to manage multiple transactions under deadlines while

Qualifications

• 4+ years of experience in syndicated loans, commercial lending, loan agency, credit administration, transaction management or loan operations.
• Experience reviewing and interpreting credit agreements and related legal documentation.
• Experience processing or overseeing loan lifecycle events, cash movements, interest, principal and fees.
• Strong analytical, reconciliation and problem-solving capabilities.
• Excellent written and verbal communication skills.
• Ability to manage competing priorities and meet contractual deadlines in a high-volume environment.
• Proficiency in Microsoft Office, particularly Excel.

Responsibilities

• Administer assigned syndicated and bilateral loan transactions, including new deal closings, drawdowns, rollovers, repricings, repayments, amendments, consents, waivers, extensions, refinancings and maturities.
• Review credit agreements, amendments, fee letters, assignments, notices, collateral documents and other transaction documentation.
• Translate contractual terms into accurate operational requirements, transaction checklists, system records and servicing activities.
• Coordinate funding requirements and cash movements among borrowers, lenders and internal payment teams.
• Prepare, review and distribute borrower and lender notices relating to interest, principal, fees, funding, rate settings and other contractual events.
• Calculate or validate interest, fees, lender allocations, accruals and other transaction economics.
• Ensure accurate booking of deal, facility, lender, pricing, fee, and collateral information on the loan servicing platforms.
• Monitor contractual deadlines, consent requirements, reporting obligations, interest periods, payment dates and outstanding transaction items.
• Act as a primary operational contact for borrowers, lenders, external counsel and internal stakeholders, responding to inquiries accurately and professionally.
• Escalate documentation gaps, funding risks, operational breaks, control exceptions and overdue deliverables.
• Maintain complete transaction evidence, approvals, correspondence, reconciliations and supporting documentation for audit and control purposes.
• Support management reporting, key performance indicators, service‑level monitoring and risk assessments.
• Contribute to process improvements, automation initiatives, procedure updates and control enhancements.
• Provide guidance and knowledge‑sharing support to less experienced team members.

Skills

Syndicated loans experience

Analytical skills

Reconciliation

Communication skills

Time management

Attention to detail

Excel proficiency

Education

Bachelor’s degree in Finance/Accounting/Business/Economics

Tools

Loan IQ

Job description

Banco Santander SA in the United States seeks an Agency Desk Associate to oversee syndicated and bilateral loan facilities as Administrative/Collateral Agent. You will coordinate with borrowers, lenders, Front Office, Legal, Credit Risk and Operations to ensure accurate processing, timely closings, and compliant servicing across the loan lifecycle.

The role requires experience in syndicated lending, strong detail orientation, and the ability to manage multiple transactions under deadlines while