Financial Recovery Rep 2 ( Special Asset )

Huntington National Bank • Cleveland, OH

82d

About The Position

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.

Requirements

• 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.

Nice To Haves

• 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.
• Ability to work independently in a deadline driven and goal-oriented team environment.
• Basic working knowledge of PC applications.

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 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.

Benefits

• Health insurance coverage
• Wellness program
• Life and disability insurance
• Retirement savings plan
• Paid leave programs
• Paid holidays
• Paid time off (PTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees