Financial Recovery Rep III (FKA Special Assets)

Huntington Bancshares • Columbus, OH

454d • $125,000 - $145,000

About The Position

The Financial Recovery Representative III (FKA Special Assets) at Huntington Bank is a full-time role focused on developing workout strategies for middle market loans, particularly in specialty lending areas such as healthcare, technology, and agriculture. This position involves analyzing financial plans, negotiating loan collections or restructurings, and overseeing litigation or liquidation processes. The representative will manage relationships with borrowers with exposures over $10 million and ensure compliance with bank policies and regulatory requirements.

Requirements

• Bachelor's Degree in Business, Finance, or Accounting required.
• A minimum of 7 years of experience in commercial or business banking underwriting, lending, or credit experience, including Work-Out.

Nice To Haves

• Excellent written and verbal communication skills.
• Strong goal achievement orientation.
• Strong attention to detail and sense of urgency.
• Ability to work independently in a deadline-driven and goal-oriented team environment.
• Basic working knowledge of PC applications.

Responsibilities

• Develop workout strategies on classified (special asset) loans.
• Analyze financial plans and negotiate loan collection or restructuring.
• Recommend and oversee litigation, liquidation, or charge-off of loans.
• Manage borrowing relationships with exposures over $10 million.
• Participate in loan watchlist preparation and review.
• Adhere to bank policies and procedures, ensuring compliance with legal and regulatory requirements.
• Establish effective controls and processes for risk management and compliance.
• Maintain current knowledge of risk-related changes impacting responsibilities.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Management of Companies and Enterprises
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees