Secondary Loan Trade Closer

Position Overview

The Loan Closer is responsible for overseeing, coordinating, and executing the full lifecycle of the closing process for primary and secondary syndicated loan trades, including Term Loan B (TLB) transactions where the bank serves as the Administrative Agent. The role is accountable for closing all primary and secondary loan trades executed by the Loan Trader and for executing loan documentation on behalf of the bank in accordance with delegated authority.

The Loan Closer ensures accurate documentation, compliance with credit agreements, and timely funding while working closely with internal teams, borrowers, lenders, trade counter parties, agent banks, and external counsel.

• Transaction Management
  • Lead the loan trade closing process for primary syndicated Term Loan B transactions agented by Huntington.
  • Coordinate closely with primary lenders and legal counsel to finalize documentation and funding logistics.
  • Manage all secondary loan trades executed by the Loan Trader, partnering with external counter parties to ensure trade documentation, confirmations, and funding memos are accurately negotiated, executed, and recorded.
• Documentation Review
  • Review, analyze, and interpret credit agreements, trade confirmations, and ancillary documentation to ensure accuracy, completeness, and compliance.
• Funding & Settlement
  • Calculate and verify funding amounts, interest accruals, delayed compensation, lender allocations, and funding memos.
  • Oversee coordination with Settlement Operations to ensure accurate and timely execution of wire transfers and settlement instructions.
• Compliance & Risk Management
  • Ensure adherence to internal policies, regulatory requirements, and KYC/AML standards.
  • Identify, investigate, and escalate discrepancies or risks that may impact trade settlement.
• Communication & Coordination
  • Serve as the primary point of contact for syndicate lenders regarding closing logistics.
  • Provide clear, timely updates to internal stakeholders.
• Post-Closing Activities
  • Partner with Servicing Operations to ensure accurate booking of loans within internal systems.
  • Distribute executed closing documentation to all relevant parties and maintain comprehensive records for audit.

• Bachelor’s degree.
• 4 years of syndicated loan operations or closing experience with Term Loan B transactions.
• Experience with syndicated loan structures, credit agreements, and agency roles.
• Knowledge of LSTA/LMA documentation and standard market terms and conditions.
• Proficiency in loan systems such as ACBS and AFS and Microsoft Office Suite.

• 8+ years of syndicated loan operations or closing experience, preferably with Term B transactions.
• Excellent organizational skills and attention to detail.
• Strong communication, analytical, and problem‑solving abilities.
• Prior experience as a Loan Trade Closer supporting primary and secondary syndicated loan transactions.
• Understanding of the Administrative Agent role in leveraged finance deals.
• Knowledge of LSTA documentation standards and market conventions.
• Ability to manage multiple transactions simultaneously under tight deadlines.
• Initiative in identifying issues, performing root‑cause analysis, and implementing solutions.
• Self‑motivation and eagerness to learn new processes and systems.
• Strong written and verbal communication skills.
• Creativity and analytical thinking to solve complex problems.
• Highly detail‑oriented with strong organizational skills.

Yes (not eligible for overtime pay)

Office. Certain positions may be eligible for a flexible work arrangement. This role may involve in‑office and work‑from‑home duties. Specific arrangements will be provided by the hiring team.

$57,000.00 – $ annual base. Actual compensation may vary based on location, experience, and performance. Candidates may also be eligible for incentive compensation and a benefits package including health insurance, wellness program, life and disability insurance, retirement savings plan, paid leave, holidays, and paid time off.

Huntington is an Equal Opportunity Employer.