Commercial Loan Services Specialist 3

Huntington National Bank•Dallas, MI

7d•Onsite

About The Position

The Commercial Loan Services Specialist 3 is part of the Agency Services team within the Commercial Loan Services group, servicing the bank’s commercial participated and syndicated portfolios. The work includes processing payments and advances, initiating wire transfers, processing syndicated-loan transactions and settling with member banks on the same day, balancing loans with agent banks, researching complex loan issues, and closing and booking syndicated loans, including collateral review. The role works closely with participant banks and internal business partners. The specialist independently manages an assigned portfolio of high-dollar participated and syndicated loans and completes transactions in accordance with executed credit agreements. The role also supports syndicated-loan closings, reviews preliminary documentation, books loans in the ACBS loan system, communicates transaction details to participant banks, works with customers on loan rate options and fund transfers, and investigates loan-balance discrepancies and accounting or billing errors. This is an office workplace position. Huntington notes that certain positions outside its branch network may be eligible for flexible work arrangements, with specific arrangements provided by the hiring team. Applicants must already be authorized to work in the United States on a full-time basis; Huntington will not sponsor immigration benefits for this position.

Requirements

High school diploma, GED, or equivalent.
At least 2 years of related experience involving commercial loan documentation, such as review, documentation preparation, or account maintenance.
Proficient experience with Microsoft Office Suite.

Nice To Haves

Associate degree.
Experience reading and interpreting loan documents.
Self-starting approach with excellent follow-through, time management, analytical thinking, and organizational skills.
Experience in a production environment with time constraints and strict deadlines.
Participation or syndication experience.
Excellent written and verbal communication skills.
Experience working with a syndicated loan system.
Financial balancing and reconciliation experience.
Experience handling large-dollar transactions.
Strong analytical problem-solving skills.
Understanding of, or ability to learn, complex commercial lending business processes.
Passion for HNB’s corporate vision of being an Essential Partner for internal and external customers.
Commitment to demonstrating the corporate values of Forward-Thinking, Can-Do Attitude, and Service Heart.

Responsibilities

Independently work on an assigned portfolio of high-dollar participated and syndicated loans and complete transactions according to executed credit agreements.
Work loans on which Huntington acts as the agent bank.
Work with Syndication Directors on upcoming closings.
Participate in attorney calls regarding preliminary documentation and review documentation based on HNB requirements.
Close and book syndicated loans in the ACBS loan system.
Prepare detailed transaction advice for participant banks.
Work directly with customers on loan balance rate options and fund transfers.
Send and receive wires from participant banks for required settlements.
Maintain acceptable quality standards.
Research loan-balance discrepancies, interpret credit agreements, and review loan and rate history in coordination with participant banks.
Monitor and complete suspect reports and correct accounting or billing errors on ACBS loans in accordance with executed credit agreements.
Perform other duties as assigned.