Syndicated Loan Operations - Loan Trade Settlement Specialist I
Truist Financial, Charlotte, North Carolina, United States, 28245
Overview
Syndicated Loan Operations - Loan Trade Settlement Specialist I Company:
Truist Financial Location:
Charlotte, NC Employment Type:
Full Time Date Posted:
01/28/2026 Job Categories:
Banking, Finance/Economics, Information Technology Position location is open to office locations within Truist's footprint. If located in a Truist hub city location, the work style will be: In Office (5 days/week). Responsibilities
Provides operational support to various trading desks by processing trade settlements for primary, secondary and third party loan trades. Works with internal and external clients (such as counterparties, agents, vendors, loan trading desks and legal) to coordinate trade closings. 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. Understand 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 KYCd 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. Qualifications
Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Bachelors Degree or equivalent work experience 2. Knowledge of syndicated loan market: par and distressed loans documentation 3. Ability to read and interpret credit agreements as it pertains to loan settlements 4. Detailed oriented person with the ability to multi-task and work in a fast-paced environment 5. Excellent verbal and written communications skills. 6. Excellent time management skills Preferred Qualifications: 1. Working knowledge of Loan IQ and ClearPar systems. Ability to book trades in ClearPar and Loan IQ. 2. 1+ years trade closing, trading desk experience or relevant syndicated loan experience Benefits
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truists generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truists defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. Equal Opportunity:
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law, E-Verify, IER Right to Work. Contact Information:
Name, Company Name: Truist Financial, Phone Number, Contact Email, Website: https://careers.truist.com/us/en/jo...
#J-18808-Ljbffr
Syndicated Loan Operations - Loan Trade Settlement Specialist I Company:
Truist Financial Location:
Charlotte, NC Employment Type:
Full Time Date Posted:
01/28/2026 Job Categories:
Banking, Finance/Economics, Information Technology Position location is open to office locations within Truist's footprint. If located in a Truist hub city location, the work style will be: In Office (5 days/week). Responsibilities
Provides operational support to various trading desks by processing trade settlements for primary, secondary and third party loan trades. Works with internal and external clients (such as counterparties, agents, vendors, loan trading desks and legal) to coordinate trade closings. 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. Understand 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 KYCd 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. Qualifications
Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Bachelors Degree or equivalent work experience 2. Knowledge of syndicated loan market: par and distressed loans documentation 3. Ability to read and interpret credit agreements as it pertains to loan settlements 4. Detailed oriented person with the ability to multi-task and work in a fast-paced environment 5. Excellent verbal and written communications skills. 6. Excellent time management skills Preferred Qualifications: 1. Working knowledge of Loan IQ and ClearPar systems. Ability to book trades in ClearPar and Loan IQ. 2. 1+ years trade closing, trading desk experience or relevant syndicated loan experience Benefits
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truists generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truists defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. Equal Opportunity:
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law, E-Verify, IER Right to Work. Contact Information:
Name, Company Name: Truist Financial, Phone Number, Contact Email, Website: https://careers.truist.com/us/en/jo...
#J-18808-Ljbffr