What are the responsibilities and job description for the Commercial Loan Services Specialist 3 position at Huntington National Bank?
Description
This position is available to be filled at any Huntington Corporate office location
Summary
The Participations Loan Servicing team is responsible for servicing Syndicated Loans in which Huntington is a participant. This fast-paced, high-volume team handles payments, advances, loan balancing, complex research transactions, and ongoing monitoring of financial and maintenance reports
This position is part of the Financial Maintenance team within the Commercial Loan Services group, supporting the bank’s Commercial Participated Loan portfolio. Responsibilities include processing payments and advances, initiating wire transfers, balancing loan activity with Agent banks, and collaborating with Participant Banks and internal business partners.
Basic Qualifications
No
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.
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
This position is available to be filled at any Huntington Corporate office location
Summary
The Participations Loan Servicing team is responsible for servicing Syndicated Loans in which Huntington is a participant. This fast-paced, high-volume team handles payments, advances, loan balancing, complex research transactions, and ongoing monitoring of financial and maintenance reports
This position is part of the Financial Maintenance team within the Commercial Loan Services group, supporting the bank’s Commercial Participated Loan portfolio. Responsibilities include processing payments and advances, initiating wire transfers, balancing loan activity with Agent banks, and collaborating with Participant Banks and internal business partners.
- Independently manage an assigned portfolio of high-dollar Participated and Syndicated loans per executed credit agreements.
- Support loans where Huntington is a participant and where Huntington serves as the Agent bank.
- Monitor daily reports and wire Participant Banks their share of loan activity for next-day settlement.
- Prepare and distribute detailed transaction advice to Participant Banks.
- Process incoming wires in coordination with the Agent bank.
- Process financial transactions and reconcile daily work batches.
- Interpret loan advice from Agent banks and execute same-day funding for draw requests.
- Maintain high-quality processing standards.
- Research and resolve discrepancies in loan balances using credit agreements, loan history, and rate details.
- Assign incoming wires to the appropriate processors and ensure timely clearing.
Basic Qualifications
- High School Diploma or equivalent.
- Minimum 2-3 years of experience in Commercial Loan Operations servicing Syndicated Loans.
- Associate degree.
- Strong self-starter with excellent follow-through, time management, and organizational skills.
- Experience working in a production environment with tight deadlines.
- Proficiency in Microsoft Office Suite.
- Ability to read and interpret complex credit agreements.
- Financial balancing and reconciliation experience.
- Customer service experience.
- Experience handling large-dollar transactions.
- Strong analytical and problem-solving skills.
- Experience with the AFS commercial loan accounting system.
- Ability to learn complex Commercial Lending processes.
- Commitment to Huntington’s vision of being an Essential Partner.
- Daily demonstration of corporate values: accountability, communication, continuous improvement, inclusion, passion, service, and teamwork.
No
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.
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.