Financial Recovery Rep

Join to apply for the Financial Recovery Rep role at Huntington National Bank
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Financial Recovery Rep develops workout strategy on classified (special asset) loans to minimize losses on a commercial loan portfolio. The position involves contacting customers with delinquent loan payments, negotiating loan collection or restructuring, and recommending or overseeing litigation, liquidation and forecast of charge‑offs and non‑accruals.

• Contact customers by phone to resolve past‑due loans.
• Identify reasons for payment default.
• Determine bank position and remedies relative to bankruptcy cases.
• Develop workout strategies to minimize non‑accruals and charge‑offs and increase recovery opportunities.
• Document and maintain accurate records on accounts.
• Establish effective controls and processes to measure, monitor, and control risks.
• Oversee complex cases involving defense lawsuits and provide direction to legal counsel and/or liquidators.
• Review new legal and liquidation assignments and engage legal or liquidation vendors to aid in recovery and loss avoidance.
• Stay abreast of risk‑related law changes and legal precedent that may impact litigation or liquidation functions.
• Perform other duties as assigned.

• Bachelor’s degree or equivalent experience.
• At least 2 years of experience liquidating assets held as collateral in a business banking and commercial loan portfolio.

• Ability to handle a fast‑pace environment with minimal supervision.
• Knowledge of U.S. bankruptcy laws.
• Ability to identify bank position relative to potential risks associated with pursuing litigation or liquidation.
• Skill in negotiating settlements, workouts, and sale of security while adhering to state and federal regulations.
• High school diploma required; bachelor’s degree preferred.
• Commitment to policy and procedure compliance and regulatory requirements.
• Preferred minimum of 2 years of liquidating assets held as collateral in a business banking and commercial loan portfolio.
• Experience with real estate foreclosure process preferred.
• Strong multitasking and system skills, including experience with Lotus Notes, Excel, and Word.
• Previous experience with AFS / CACS / Velocity / RIMS / CARS.

Exempt Status:
Yes (not eligible for overtime pay)

Workplace Type:
Office. Certain positions may offer a flexible work arrangement combining office and work‑from‑home options.

Huntington is an Equal Opportunity Employer.