Truist · 1 week ago
Syndicated Loan Operations - Loan Trade Settlement Specialist I
Charlotte, NC
Full-time
Onsite
Entry Level
1+ years expTruist is a financial corporation providing various banking services, and they are seeking a Loan Trade Settlement Specialist I to provide operational support for trade settlements. The role involves managing the life cycle of loan trades and coordinating with various stakeholders to ensure accurate and timely settlements.
BankingFinanceFinancial Services
Responsibilities
Manage life cycle of loan trades from initiation to settlement. Review of legal documentation: Trade confirmations, Assignment Agreements, Participation Agreements and Funding Memos
Coordinate and communicate effectively with trading desks, counterparties, agents, borrowers, other agency services teammates to close trades and to resolve trade settlement issues
Understands and adheres to the LSTA guidelines for loan settlements. (i.e. Delayed compensation and how it affects the loan settlements.) Ability to draft manual trade documents, including funding memos as needed
Able to identify and flag any potential risks and communicate proactively and effectively with all parties to the trade, both internal and externally
Ability to multitask and prioritize responsibilities to complete accurate and timely settlement of trades including reconciliation and governance of trade fails and breaks
Performs checks and balances with ClearPar and Loan IQ to ensure proper recording of position transfers and funding
Work within the team and across the firm to resolve issues and meet deadlines: specifically with Loan Sales/Trading, Accounting, Agency Services and other internal lines of business on issues regarding P&L and positions reconcilement
Work closely with the loan onboarding team to ensure that all parties are properly KYC’d and Loan IQ system is properly updated with counterparty/lender information in Loan IQ
Works closely with the syndicate desk for new deals or amendments to ensure that all information is received timely and to create the build within ClearPar
Qualification
Required
Bachelor's Degree or equivalent work experience
Knowledge of syndicated loan market: par and distressed loans documentation
Ability to read and interpret credit agreements as it pertains to loan settlements
Detailed oriented person with the ability to multi-task and work in a fast-paced environment
Excellent verbal and written communications skills
Excellent time management skills
Preferred
Working knowledge of Loan IQ and ClearPar systems. Ability to book trades in ClearPar and Loan IQ
1+ years trade closing, trading desk experience or relevant syndicated loan experience
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
10 days of vacation
10 sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
H1B Sponsorship
Truist has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
2026-01-16
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2026-01-15
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