Syndication Loan Specialist

Syndicated Loan Administrator

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.

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 :

Cross-Functional Support :

Qualifications :

Preferred Skills :

Exempt Status : 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.

Compensation Range : $57,000.00 - $113,000.00 Annual

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. 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.