• Municipal Syndicate Operations Manager

    Huntington National Bank (Chicago, IL)


    Description

    Leads end-to-end operational support for Municipal Bond competitive and negotiated offerings, overseeing the full transaction lifecycle. Responsibilities include deal setup in Ipreo and Bloomberg, initiating CUSIP requests, managing good-faith payments, reviewing and validating deal documentation, executing regulatory filings, and coordinating syndicate final settlement.

     

    + Ensure accuracy of deal data and ticket information in Ipreo, Bloomberg, and Deals Database

    + Review official statements, bond purchase agreements, issue price certificates and closing memos for accuracy and completeness

    + Communicate pre-sale good faith notification emails to internal partners. Coordinate good faith and closing wires

    + Process MSRB G-11 Syndicate Settlements

    + Process Private Placements settlements

    + Review deal file checklist for all transactions and prepare deal files for closure

    + Preparing transaction reports for negotiated issues

    + Tracking revenue and expenses for all transactions

    + Partner with sales and trading desk to ensure smooth execution of transactions

    + Maintain adherence to firm policies and procedures

    + Identifying, monitoring, and resolving issues, ensuring adherence to regulations, and implementing controls

    + Drive and participate in strategic business initiatives that accelerate departmental growth, enhance operational efficiency, and elevate team performance

    + Maintain and update desktop procedures

    + Support broader Operations and Capital Markets initiatives

    + Opportunity to expand to support Debt and Equity Capital Markets underwriting activity

    Regulatory Submissions

    + Conduct continuing disclosure lookbacks on Issuers for negotiated or competitive underwritings

    + Complete Form G-32 Filings

    + Support Risk and Audit requests and inquiries

     

    You must be located within the Huntington Bank corporate office footprint

    Basic Qualifications:

    + Bachelor's Degree or equivalent

    + 5 or more years fixed income trading and/or investment operations experience

    + Series 7 license

    + Series 52 License ( If you obtained a General Securities Representative (Series 7) registration on or after November 7, 2011 the Series 52 is required

    Preferred Qualifications:

    + FINRA Series 53 license

    + Strong leadership skills including proven success in managing day-to-day operations while developing talent and coaching team members

    + Proven ability to lead business initiatives including continuous improvement efforts to maximize efficiencies and remediate process deficiencies

    + Experience managing new issues across asset classes, with a focus on Municipal securities

    + Experience in fixed income securities

    + Proficient with Bloomberg TOMS, Pershing Netx360, MSRB EMMA, DTCC, and IPREO systems

    + Ability to manage multiple priorities in a fast-paced environment; adaptive to change

    + Ability to create and foster strong partnerships with internal and external business partners

    + Detail oriented with strong organizational and time management skills to meet deadlines

    + Excellent critical thinking and problem solving skills to identify issues and assist with resolution

    + Strong written and verbal communication

    + Proficient with Microsoft Office products ( Word, Excel, PowerPoint )

     

    #LI-Hybrid

     

    Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

     

    Yes

    Workplace Type:

    Office

     

    Our Approach to Office Workplace Type

     

    Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

    Compensation Range:

    93,000.00 - 189,000.00 Annual

     

    The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).

     

    Huntington is an Equal Opportunity Employer.

     

    Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

     

    Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.