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Commercial Loan Services Specialist

Job in Waukegan, Lake County, Illinois, 60087, USA
Listing for: 0101 The Huntington National Bank
Full Time position
Listed on 2026-06-21
Job specializations:
  • Finance & Banking
    Loan Servicing, Financial Analyst, Banking Operations, Banking & Finance
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below
Position: Commercial Loan Services Specialist 3

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. The role is part of the Financial Maintenance team within the Commercial Loan Services group, supporting the bank’s Commercial Participated Loan portfolio. This position is available to be filled at any Huntington Corporate office location.

Responsibilities
  • Process payments and advances, initiate wire transfers, and balance loan activity with Agent banks.
  • Collaborate 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.
Preferred Qualifications
  • 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.
Exempt Status

No - eligible for overtime pay.

Workplace Type

Office.

Huntington is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, sex, national origin, or protected class status. This posting does not illustrate a commitment or policy of the employer to provide employment or favorable conditions.

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