Description

The Syndicated FX Loan Administrator (SLFXA) is responsible for the day-to-day activity of syndicated loans where Huntington National Bank is the administrative agent. They will have a dedicated portfolio of syndicated deals and work directly with external customers, bank participants and internal partners such as Commercial Loan Services (CLS) and FX Operations and FX Sales.

Position Responsibilities:

Oversee the daily administration of a syndicated loans where Huntington National Bank is the admin agent including advance requests, paydowns and rate options with borrower.

Review loan documentation to ensure proper terms, rates, amounts and other principal aspects of the loan are correct.

Work directly with the Borrower and RM’s to handle any questions or problems which arise such as break-fundings, over-formula issues, multi-currency calculations, swaps etc.

Interface with, RM’s, borrowers, attorneys, CLS (servicing, boarding, loan closers) and participant banks to successfully close and fund transactions following the parameters of the credit agreement.

Create and maintain spreadsheet files for each borrower to confirm accuracy of interest, balance, commitments and fee accruals to AFS.

Ensure unused fees are computed correctly by monitoring loan sweeps.

Work with Commercial Loan Services, Foreign Exchange Operations, and the Foreign Exchange Sales area.

On a monthly and quarterly basis, interface with borrowers, RM’s and participant banks to ensure all principal, interest, and fees have been correctly calculated and loaded on the ACBS system. Prepare billings for borrowers and notifications for participants outlining payments of principal, interest and fees for the period. Track and report fee collections monthly for internal reporting purposes.

Address problem inquiries from loan groups, RM’s and participant banks, and borrowers on a timely basis.

Evaluates circumstances requiring exceptions and engages senior management for resolution where required.

Develops and maintains an understanding of the regulatory requirements and risks inherent in the operations to ensure appropriate actions are taken and operational integrity is maintained.

Participates/leads process/system continuous improvement initiatives.

Work in a team environment with deadline-oriented tasks.

Technical Skills:

Data Analysis – Spreadsheets, Mathematical Ability

Foreign Exchange – proficiency in cash movements, pricing and Foreign Loans

This is a hybrid role. You must be located near a corporate office in Columbus or Cleveland, Ohio

Basic Qualifications

Bachelors Degree

Knowledge and understanding of syndicated FX Loans. The business unit’s key products and services, processes and controls .

Knowledge of the risk and regulatory requirements of FX Syndicated Loans

4 or more years of experience in banking/financial services specifically Foreign Exchange Loans

4 years of experience in utilizing Microsoft Office Products including Word, Excel, MS Access and Outlook

Preferred Qualifications:

Ability to multi-task in a fast-paced environment.

Verbal & written communication skills - In-depth .

Analytical and problem solving skills - In-depth .

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

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.

Compensation Range:

57,000.00 - 113,000.00 Annual

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). 

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.