Syndication Loan Specialist

Huntington Bancshares, Inc.; Westlake (OH); Hybrid; USD 57,000 - 113,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Life and disability insurance

Retirement savings plan

Paid leave programs

Paid holidays

PTO

Job summary

Huntington Bancshares, Inc. is seeking a Syndicated Loan Specialist to manage and service leveraged loan transactions, focusing on Term Loan B structures and secondary market settlements.

The role covers loan closings, servicing, and accurate balancing across platforms, with emphasis on attention to detail in a fast-paced environment. You will work with trading desks, counterparties, and internal teams to ensure timely funding, reporting, and reconciliations, while supporting cross-functional

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or related field.
• Excellent organizational, analytical, and communication skills.
• Self-starter with strong follow-through and time management in fast-paced environments.

Responsibilities

• Complete all incoming loan transactions within SLAs and compliant with credit agreements.
• Independently manage a portfolio of Participated and Syndicated loans where Huntington acts as Agent Bank.
• Coordinate with Syndication Directors and legal counsel on closings and documentation reviews.
• Book and maintain Syndicated loans in the ACBS loan system with accuracy and timeliness.
• Monitor daily reports and wire Participant Banks their pro-rata share of loan activity.

Skills

Analytical skills

Communication skills

Organizational skills

Education

Bachelor's degree in Finance, Accounting, or Business

Tools

ACBS

AFS

ClearPar

SyndTrack

Job description

Description

Syndicated Loan Specialist

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.

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)

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 anticipatedlow 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. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.