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Participations Loan Servicing Analyst
Position Summary
The Participations Loan Servicing Analyst supports Huntington’s Commercial Participated and Syndicated Loan portfolio. This role is responsible for processing payments and advances, coordinating wire transfers, reconciling loan activity, and ensuring timely settlement with Agent and Participant Banks. The position operates in a fast-paced, high-volume environment requiring strong attention to detail and the ability to manage high-dollar transactions.
Key Responsibilities
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Manage an assigned portfolio of Commercial Participated and Syndicated Loans in accordance with executed credit agreements.
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Process loan payments, advances, funding requests, and incoming/outgoing wire transfers.
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Monitor daily activity and distribute Participant Bank payments for timely settlement.
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Prepare and distribute transaction advice to Participant Banks.
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Reconcile loan balances and daily transactions with Agent Banks.
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Research and resolve discrepancies using credit agreements, loan history, and interest rate details.
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Coordinate with internal business partners and external financial institutions to ensure accurate and timely processing.
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Maintain quality standards while meeting daily production deadlines.
Required Qualifications
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High School Diploma or equivalent.
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2–3 years of Commercial Loan Operations experience, preferably servicing Participated or Syndicated Loans.
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Experience processing financial transactions, wires, and account reconciliations.
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Ability to read and interpret complex commercial credit agreements.
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Strong analytical, organizational, and problem-solving skills.
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Ability to manage high-dollar transactions in a fast-paced, deadline-driven environment.
Preferred Qualifications
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Associate degree.
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Experience with the AFS commercial loan accounting system.
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Proficiency in Microsoft Office.
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Strong communication, customer service, and follow-through skills.