Syndication Loan Specialist

About the role

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.

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.

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.
• Experience with of leveraged loan structures, credit agreements, and LSTA/LMA documentation.
• Experience in loan servicing and trade platforms (e.g., ACBS. AFS, ClearPar, SyndTrack).

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.

Benefits

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).

Pay

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. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.