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Akron, OH; Operations Center; Chicago, IL; Detroit, MI; Tupelo, MS; Denver, CO; Charlotte, NC; Dallas, TX; Minnetonka, MN; Columbus, OH
Source: Huntington Bank careers · View original posting
From Huntington Bank's posting. “We” and “our” refer to the employer.
Description
Financial Recovery Rep IIs (Default Services) will manage a portfolio of substandard Business Banking loans, working with customers, attorneys and liquidators to gently exit borrowers unable to maintain their relationship with HNB.
Develops a litigation and or liquidation strategy on classified (financial Recovery-managed) loans up to $500M to minimize losses on a Business Banking portfolio.
Presents a summary of action plans to resolve the problem loans to FRG senior management specific to exit strategies.
Analyzes financial plans, negotiates loan collection or restructuring, and recommends/oversees litigation, liquidation to reduce exposure.
Identifying appropriate risk ratings, accrual status and losses, address workout scenarios, communicates data driven results to upper management in a time sensitive environment.
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.
Maintains current knowledge of risk-related changes that may impact assigned area(s) of responsibility.
Performs other duties as assigned.
HS or GED
3 or more years of experience in commercial/business banking underwriting, lending, credit and/or appraisal required.
Compensation
$57,000-$113,000 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).
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
Huntington is an Equal Opportunity Employer.
LAYIQ is an independent job-discovery service. This listing does not imply a partnership with or endorsement by the employer. Review the original posting for current details and availability.
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