Financial Recovery Rep III (C&I Specialty)

Huntington National Bank•Detroit, MI

15d•Onsite

About The Position

The Financial Recovery Representative III (C&I Specialty) is a full-time position responsible for developing and executing workout strategies for classified commercial loans. The role analyzes financial plans, negotiates loan collections or restructurings, and recommends or oversees litigation, liquidation, or loan charge-offs. It works with loan officers to manage borrowing relationships and participates in loan watchlist preparation and review. The position adheres to bank policies and procedures and applicable legal and regulatory requirements. It is accountable for risk management, compliance, and audit performance within its area of responsibility. The role establishes or helps develop effective controls and processes to measure, monitor, and control risks and maintain ongoing compliance. Where applicable, it ensures staff have appropriate training and resources and are motivated to follow risk management principles. It also maintains current knowledge of risk-related changes that may affect its area and performs other duties as assigned.

Requirements

Bachelor's degree in Business, Finance, or Accounting.
7+ years of experience in commercial underwriting, lending, credit, or special assets.

Nice To Haves

Excellent written and verbal communication skills.
Strong negotiation and relationship management abilities.
Demonstrated ability to achieve objectives and effectively manage a portfolio of complex credit relationships.
Strong attention to detail and sense of urgency.
Ability to manage multiple priorities in a dynamic environment.
Ability to work independently in a deadline-driven, goal-oriented team environment.
Proficiency in Microsoft Office applications and other business productivity tools.

Responsibilities

Develop and execute 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.
Work with loan officers to manage borrowing relationships.
Participate in loan watchlist preparation and review.
Adhere to bank policies and procedures and comply with legal and regulatory requirements.
Manage risk, compliance, and audit performance for areas of responsibility.
Establish or help management develop effective controls and processes to measure, monitor, and control risks and ensure ongoing compliance.
Where applicable, ensure staff are properly trained, provided with appropriate resources, and motivated to follow risk management principles.
Maintain current knowledge of risk-related changes that may impact assigned areas.
Perform other duties as assigned.