Equipment Finance Asset Manager III

Huntington National Bank • Cincinnati, OH

6d • Hybrid

About The Position

The Equipment Finance Asset Manager III is a management role and is responsible for all collection functions and supervision of collection staff. Additional responsibilities include delinquency reporting, non-accrual and charge off management, customer service, asset remarketing, payoffs, and other department operational type duties.

Requirements

• 5+ years commercial lease and loan workout and collection experience with a variety of different types of transactions.
• Solid working knowledge of all stages of collections, repossession, 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 under minimal supervision and can 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

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.
• Coaching, teaching and mentoring staff.
• Performs other duties as requested.

Benefits

• Huntington is an Equal Opportunity Employer.
• Tobacco-Free Hiring Practice
• Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume.
• All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property.
• Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

What This Job Offers

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