Syndication Loan Specialist

Huntington National Bank

Westlake (OH)

On-site

USD 57,000 - 113,000

Full time

13 days ago

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Benefits offered by this job

Health insurance coverage

Wellness program

Life and disability insurance

Retirement savings plan

Paid leave programs

Paid holidays

Paid time off (PTO)

Incentive compensation plan

Job summary

Huntington National Bank is seeking a Syndicated Loan Specialist to administer and service leveraged loan transactions, with emphasis on Term Loan B and secondary market settlements. You will balance loans, process wires, and coordinate closings with legal and syndication teams to ensure accurate, timely funding.

You will manage a high-dollar portfolio, interpret credit agreements, and maintain data integrity across ACBS and related systems in a fast-paced environment.

Qualifications

Bachelor’s degree in Finance, Accounting, Business, or related field.
4+ years of experience in syndicated loan operations, focusing on Term Loan B and secondary market trade settlement.
Strong understanding of leveraged loan structures, credit agreements, and LSTA/LMA documentation.
Experience in loan servicing and trade platforms (ACBS, AFS, ClearPar, SyndTrack).

Responsibilities

Complete all incoming loan transactions within SLAs, ensuring compliance with credit agreements.
Manage a portfolio of Participated and Syndicated loans, primarily where Huntington is the Agent Bank.
Coordinate closings with Syndication Directors and legal counsel.
Book and maintain Syndicated loans in the ACBS system, ensuring accuracy.
Monitor daily reports and wire Participant Banks their pro-rata share by the next business day.
Prepare and distribute transaction advices to Participant Banks with rate options and transfers.
Process wires with Participant Banks and the Agent Bank.
Receive and interpret loan advices from the Agent Bank and execute same-day funding requests.
Research and resolve discrepancies in loan balances and rate histories.
Balance and reconcile financial transactions and batches of work.
Maintain data accuracy in servicing activities.

Skills

Syndicated loans

ACBS

Trade settlements

Credit agreements

LSTA/LMA docs

Education

Bachelor's degree in Finance/Accounting/Business

Tools

ACBS

AFS

ClearPar

SyndTrack

Job description

Summary

This role is responsible for the administration and servicing of syndicated leveraged loan transactions, with a primary focus on Term Loan B (TLB) structures and secondary market trade settlements. It involves managing complex loan closing and servicing activities, interpreting credit agreements, and ensuring timely and accurate execution of secondary loan trades in coordination with trading desks, counterparties, and settlement platforms. Additionally, the role includes oversight of portfolio activities, processing of payments and advances, handling incoming and outgoing wire transactions, managing investor settlements, and ensuring accurate loan balancing, all while maintaining a high level of operational efficiency and attention to detail in a fast-paced environment.

Syndicated Loan Specialist

Job Description / Key Responsibilities

Complete all incoming loan transactions within established SLAs, ensuring compliance with executed credit agreements.
Independently manage a portfolio of high-dollar Participated and Syndicated loans, primarily where Huntington acts as the Agent Bank.
Coordinate closely with Syndication Directors and legal counsel on upcoming closings and documentation reviews.
Book and maintain Syndicated loans in the ACBS loan system, ensuring accuracy and timeliness.
Monitor daily reports and wire Participant Banks their pro-rata share of loan activity by the next business day.
Prepare and distribute detailed transaction advices to Participant Banks, including rate options and fund transfers.
Process incoming and outgoing wires in coordination with Participant Banks and the Agent Bank.
Receive and interpret loan advices from the Agent Bank and execute same-day funding requests.
Research and resolve discrepancies in loan balances, interpret credit agreements, and review loan and rate histories.
Monitor and complete suspect reports, correcting accounting and billing errors in ACBS.
Balance and reconcile financial transactions and batches of work.
Assign and clear incoming wires to the appropriate processor within set standards.
Maintain high-quality standards and ensure data accuracy in all servicing activities.

Syndicated Loan Expertise

Interpret complex credit agreements and apply terms to operational processes.
Research and resolve discrepancies in loan balances, rate history, and payment allocations.
Collaborate with Participant Banks and internal teams to resolve servicing issues.
Support syndication loan closings by working with attorneys and business partners to fund large-dollar loans under tight deadlines.

Cross-Functional Support

Demonstrate flexibility by supporting Specialty Services functions such as Loan Sales, General Ledger reconciliation, Syndications, and Government Lending programs.
Assist with audits, compliance reviews, and internal reporting as needed.
Perform other duties as assigned.

Qualifications

Bachelor’s degree in Finance, Accounting, Business, or related field.
4+ years of experience in syndicated loan operations, with a focus on Term Loan B and secondary market trade settlement.
Strong understanding of leveraged loan structures, credit agreements, and LSTA/LMA documentation.
Experience in loan servicing and trade platforms (e.g., ACBS, AFS, ClearPar, SyndTrack).

Preferred Skills

Experience with distressed or par loan trading.
Familiarity with SWIFT messaging and wire transfer protocols.
Knowledge of regulatory frameworks relevant to loan servicing and trade execution.
Passion for HNB's corporate vision – i.e. to be an Essential Partner – for both our internal and external customers.
Commitment to demonstrate our Corporate values of Forward Thinking, Can Do Attitude and Service Heart.
Excellent organizational, analytical, and communication skills.
Self-starter with strong follow-through, time management, analytical thinking, and organizational skills; experienced in fast-paced, deadline-driven production environments.

Exempt Status

(Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

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.

Compensation Range

57,000.00 - 113,000.00 Annual

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education.