Commercial Loan Services Specialist 3
About The Position
The Commercial Loan Services Specialist 3 is part of the Agency Services team within the Commercial Loan Services group. The team services the bank’s Commercial Participated and Syndicated portfolios, including payment and advance processing, wire transfers, syndicated-loan transactions and same-day settlements with member banks, loan balancing, complex research, loan closing and booking (including collateral review), and collaboration with Participant banks and internal business partners. The role independently services an assigned portfolio of high-dollar Participated and Syndicated loans, including loans for which Huntington acts as Agent bank. It supports loan closings and documentation review, books syndicated loans in the ACBS loan system, communicates transaction details to Participant Banks, assists customers with rate options and fund transfers, and researches and resolves loan balance, accounting, and billing discrepancies in accordance with executed credit agreements.
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 and excellent follow-through, time management, analytical thinking, and organizational skills.
- Experience working in a production environment under 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 reconciling 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 service an assigned portfolio of high-dollar Participated and Syndicated loans and complete transactions in accordance with executed credit agreements.
- Work loans for which Huntington acts as the Agent bank.
- Work with Syndication Directors on upcoming closings.
- Participate in attorney calls concerning preliminary documentation and review documentation against HNB requirements.
- Close and book Syndication 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, work with Participant Banks, interpret credit agreements, and review loan and rate history.
- 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.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Education Level
High school or GED
