Financial Recovery Rep - Senior - Huntington National Bank
Minnetonka, MN
About the Job
Description
Summary:
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.
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
#LI-Onsite
#LI-ML1
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Hybrid
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
Summary:
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.
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
#LI-Onsite
#LI-ML1
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Hybrid
Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
Source : Huntington National Bank
