Financial Recovery Rep III (C&I Specialty)

Description

The Financial Recovery Representative III (C&I Specialty) position is full-time and is responsible for developing a workout strategy on business banking loans.

• Develop a workout strategy on classified (special asset) loans (i.e. Healthcare, Energy, Government, Franchise, Non Profit)
• Responsible for analyzing financial plans, negotiating loan collection or restructuring, and recommending/overseeing litigation, liquidation or the charge off of a loan.
• Work with loan officers to manage the borrowing relationship and participate in loan watchlist preparation and review.
• Adhere 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.
• Establish or work 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.
• Maintain current knowledge of risk-related changes that may impact assigned area(s) of responsibility.

Basic Qualifications

• Bachelor's Degree in Business, Finance, or Accounting
• 7+ years of experience in commercial or business banking underwriting, lending, or credit

Preferred Qualifications

• Excellent written and verbal communication skills.
• Strong goal achievement orientation.
• Strong attention to detail, sense of urgency, and the ability and desire to provide exemplary service to our clients is 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)

Compensation Range

$102,000-$208,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. 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).