Financial Recovery Rep 2 ( Special Asset )

Description Summary

The Financial Recovery Rep-Senior develops resolution strategies on classified (special asset) loans to minimize losses on the 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 loans. Works with moderately large and complex loans. May coach less experienced employees.

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 relationships.
• 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 ongoing 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.

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.
• 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.

Pay

Exempt Status: No (eligible for overtime pay)

Schedule

Workplace Type: Office

Benefits

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).

Equal Opportunity Employer

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice

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.