Huntington National Bank

Financial Recovery Rep 2 ( Special Asset )

Huntington National Bank  •  $70k - $140k/yr  •  United States (Onsite)  •  3 months ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

The Financial Recovery Rep- Senior develops resolution strategy on classified (special asset) loans to minimize losses on current Business Banking or commercial loan portfolio. Responsibilities include analyzing financial plans, negotiating loan collection, or restructuring, and recommending/overseeing litigation, liquidation or charge off-of loan. Works with moderately large and complex loans. May coach less experienced employees.

Duties & Responsibilities:

  • Develops resolution strategy on classified (special asset) loans to minimize losses on current loan portfolio.
  • Analyzes financial plans, negotiates loan collection or restructuring, and recommends/oversees litigation, liquidation or charge-off of loan.
  • Works with business line loan officers to manage non-pass rated borrowing relationship.
  • Adheres to bank policies and procedures and complies with legal and regulatory requirements.
  • Accountable for risk management, compliance, and audit performance for area(s) of responsibility whether a supervisor, manager, or individual contributor.
  • Establishes or works with management to develop effective controls and processes to ensure risks are measured, monitored, and controlled and compliance requirements are adhered to on an on-going basis.
  • If applicable, ensures staff is properly trained, provided with appropriate resources, and motivated to adhere to risk management principles.
  • Maintains current knowledge of risk-related changes that may impact assigned area(s) of responsibility.
  • Performs other duties as assigned,

Basic Qualifications:

  • Bachelor's degree in business, finance or accounting or equivalent, relevant work experience
  • A minimum of 3 years of experience in commercial/business banking underwriting, lending, or credit required

Preferred Qualifications:

  • Excellent written and verbal communication skills
  • Strong goal achievement orientation.
  • Strong attention to detail, sense of urgency, and ability and desire to provide Simply the Best Service to our clients are key in this position.
  • Ability to work independently in a deadline driven and goal-oriented team environment.
  • Basic working knowledge of PC applications


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:

$70,000-$140,000 Annual Salary

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.

Huntington National Bank

About Huntington National Bank

Welcome to Huntington.

Huntington Bancshares Incorporated is a $210 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates approximately 972 branches in 13 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

We are committed to doing the right thing for our customers, colleagues, and communities. Our “Welcome” philosophy means they are at the center of everything we do.

Here’s how we look out for people:

• We aim to make banking easier for our customers. Our comprehensive suite of innovative banking tools and products is specifically designed to strengthen the financial health of those we serve.

• Our internal culture is built around making things great—rather than just good enough—and to be the best place our colleagues will ever work. We offer a flexible work environment with opportunities for growth, and we’ll provide all the resources needed to create a lasting and rewarding career path.

• Our $40 billion Community Plan, environmental sustainability strategy, and robust small-business lending program are just a few of the ways we are helping to improve the economic vitality of the areas where we live and work.

Explore Huntington Career opportunities at https://huntington-careers.com.

Huntington is an Equal Opportunity Employer.

The Huntington National Bank, Member FDIC. The logo mark and Huntington® are federally registered service marks of Huntington Bancshares Incorporated.

Huntington Social Media Community Guidelines & Terms: http://bit.ly/HuntingtonSocialMedia

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Columbus, Ohio
Year Founded
Unknown
Social Media