Financial Recovery Rep

Summary

Financial Recovery Rep 2s 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.

• Develop a litigation and/or liquidation strategy on classified (financial recovery‑managed) loans up to $250M to minimize losses on a Business Banking portfolio.
• Present a summary of action plans to resolve the problem loans to FRG senior management, specific to exit strategies.
• Analyze financial plans, negotiate loan collection or restructuring, and recommend/oversee litigation or liquidation to reduce exposure.
• Identify appropriate risk ratings, accrual status, and losses; address workout scenarios and communicate data‑driven results to upper management in a time‑sensitive environment.
• Adhere to bank policies and procedures and comply with legal and regulatory requirements.
• Be accountable for risk management, compliance, and audit performance for area(s) of responsibility whether a supervisor, manager, or individual contributor.
• Establish or work with management to develop effective controls and processes to ensure risks are measured, monitored, and controlled and compliance requirements are met.
• Maintain current knowledge of risk‑related changes that may impact assigned area(s) of responsibility.
• Perform other duties as assigned.

• Bachelor's Degree or equivalent experience.
• Minimum of 3 years of experience in commercial/business banking underwriting, lending, credit, and/or appraisal.

• Bachelor's Degree in Business, Finance, or Accounting.
• Excellent written and verbal communication skills.
• Strong goal‑achievement orientation.
• Strong attention to detail, sense of urgency, and a desire to provide excellent service to clients.
• Ability to work independently in a deadline‑driven and goal‑oriented team environment.
• Basic working knowledge of PC applications.
• Knowledge of bankruptcy laws.
• Ability to negotiate settlements, workouts, and sale of security while adhering to state and federal regulations.
• Experience with real estate foreclosure process.
• Previous experience with AFS, Velocity, RETS, or CARS.
• Strong working knowledge of SBA loans and the associated workout process to ensure compliance with SBA Standard Operating Procedures.
• Working knowledge of exit strategies including bankruptcy, closed business, legal remedies, and liquidation strategies.

Yes (not eligible for overtime pay)

Office. Certain positions outside our branch network may be eligible for a flexible work arrangement. Huntington combines the best of both worlds: in‑office and work‑from‑home options. 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.

$57,000 - $113,000 Annual Salary. Actual compensation will vary based on location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.

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.

Visit Huntington’s Career Web Site for more details.