Senior Financial Recovery Representative

Senior Financial Recovery Representative

Location: Cincinnati United States

Full time

Job Description:

Summary:

The Sr Financial Recovery Rep (SBA) 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.

Duties & 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 on-going 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,

Basic Qualifications:

• 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

Preferred Qualifications:

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

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

$70,000-$140,000 Annual Salary

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). 

Huntington is an Equal Opportunity Employer.