Asset Management Group - Collections Specialist II

Huntington National Bank • Cincinnati, OH

4d • Onsite

About The Position

The Equipment Finance Asset Manager II is responsible for all collections functions. Responsibilities also include asset remarketing and payoffs. This role will be onsite at our Cincinnati, OH office only.

Requirements

• 5+ years commercial lease and loan workout and collection experience with a variety of different types of lease and loan structures.
• Solid working knowledge of all stages of collections, insurance and bankruptcy litigation.
• Strong working knowledge of workout solutions and associated documentation.
• Good working knowledge of equipment/collateral values and liquidation process.
• Strong conflict resolution, motivational, analytical/problem solving and negotiation skills.
• Works with little supervision and has the ability to prioritize and meet deadlines.
• Proactive, self-motivated, independent, results oriented.
• Proven ability to manage customer and internal relationships and make decisions that balance the customer needs with company needs.
• Ability to use independent judgment
• Applicants must be currently authorized to work in the United States on a full-time basis.

Nice To Haves

• 10+ years customer service/collection experience
• 5+ years equipment repossession and remarketing experience
• Bachelor’s degree in business or related field or banking/finance
• Strong working knowledge of bankruptcy and commercial law.
• Strong working knowledge of State and Federal regulations governing collection practices.

Responsibilities

• Protects the bank's Equipment Finance’s financial risk and returns by reviewing contract modifications, restructures and contract assumptions.
• Researches complex collection and litigation issues and problems and develops and implements workout arrangements on problem loans and leases including repossessions, legal action and liquidation of collateral.
• Contributes to the review, update and implementation of new procedures and practices within the Collections Department.
• Works closely with all levels of management, inter-departments, legal counsel and customers to ensure company objectives are being met.
• Assists the Collection Manager by providing coaching and mentoring to less experience members of the collection staff.
• Performs other duties as assigned

Benefits

• Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level