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Syndicated Loan Operations - Loan Trade Settlement Specialist

Job in Charlotte, Mecklenburg County, North Carolina, 28245, USA
Listing for: Truist Financial
Full Time, Part Time, Seasonal/Temporary position
Listed on 2026-02-05
Job specializations:
  • Finance & Banking
    Financial Consultant, Banking & Finance, Financial Analyst, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below
Position: Syndicated Loan Operations - Loan Trade Settlement Specialist I

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 counter parties, 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, counter parties, 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 Clear Par 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 counter party/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 Clear Par.
  • 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 Clear Par systems. Ability to book trades in Clear Par 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:

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