Assistant Structured Settlement Jobs Near Me

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.

• 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.

• Interpret complex credit agreements and apply terms to operational processes.
• Research and resolve discrepancies in loan balances, rate history, and payment allocations.
• Collaborate with Participant Banks and internal teams to resolve servicing issues.
• Support syndication loan closings by working with attorneys and business partners to fund large-dollar loans under tight deadlines.

• Demonstrate flexibility by supporting Specialty Services functions such as Loan Sales, General Ledger reconciliation, Syndications, and Government Lending programs.
• Assist with audits, compliance reviews, and internal reporting as needed.
• Perform other duties as assigned.

• Bachelor's degree in Finance, Accounting, Business, or related field.
• 4+ years of experience in syndicated loan operations, with a focus on Term Loan B and secondary market trade settlement.
• Strong understanding of leveraged loan structures, credit agreements, and LSTA/LMA documentation.
• Proficiency in loan servicing and trade platforms (e.g., ACBS. AFS, ClearPar, SyndTrack).
• Excellent organizational, analytical, and communication skills.
• Self-starter with strong follow-through, time management, analytical thinking, and organizational skills; experienced in fast-paced, deadline-driven production environments.

• Experience with distressed or par loan trading.
• Familiarity with SWIFT messaging and wire transfer protocols.
• Knowledge of regulatory frameworks relevant to loan servicing and trade execution.
• Passion for HNB's corporate vision – i.e. to be an Essential Partner – for both our internal and external customers.
• Commitment to demonstrate our Corporate values of Forward Thinking, Can Do Attitude and Service Heart.

Exempt Status: Yes

Workplace Type: Office

Compensation Range: 57,000.00 - 113,000.00 Annual

Huntington is an Equal Opportunity Employer.