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Financial Recovery Rep 2

Huntington National Bank - Detroit, MI

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Job Description

Description + Financial Recovery Rep Position is managing a portfolio of substandard Business Banking loans, working with customers, attorneys and liquidators to gently exit borrowers unable to maintain their relationship with HNB. + Detailed Description: u2022 Develops a litigation and or liquidation strategy on classified (financial Recovery-managed) loans up to $250M to minimize losses on a Business Banking portfolio. u2022 Presents a summary of action plans to resolve the problem loans to FRG senior management specific to exit strategies. u2022 Analyzes financial plans, negotiates loan collection or restructuring, and recommends/oversees litigation, liquidation to reduce exposure. u2022 Identifying appropriate risk ratings, accrual status and losses, address workout scenarios, communicates data driven results to upper management in a time sensitive environment. u2022 Adheres to bank policies and procedures and complies with legal and regulatory requirements. u2022 Accountable for risk management, compliance and audit performance for area(s) of responsibility whether a supervisor, manager or individual contributor. u2022 Establishes or works with management to develop effective controls and processes to ensure risks are measured, monitored and controlled and compliance requirements. u2022 Maintains current knowledge of risk-related changes that may impact assigned area(s) of responsibility. Basic Qualifications: u2022 Bachelor's Degree u2022 3 or more years of experience in commercial/business banking underwriting, lending, credit and/or appraisal required. u2022 Preferred Qualifications: u2022 Bachelor's Degree in Business, Finance, or Accounting u2022 Excellent written and verbal communication skills u2022 Strong goal achievement orientation. u2022 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. u2022 Ability to work independently in a deadline driven and goal-oriented team environment. u2022 Basic working knowledge of PC applications u2022 Knowledge of bankruptcy laws u2022 Ability to negotiate settlements, workouts and sale of security while adhering to state and federal regulations u2022 Experience with Real Estate Foreclosure process u2022 Previous experience with AFS / Velocity / RETS / CARS Strong working knowledge of SBA loans and the associated workout process to ensure compliance with SBA Standard Operating Procedures. u2022 Working knowledge of exit strategies including bankruptcy, closed business, legal remedies and liquidation strategies. #LI-KD1 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. Weu2019re 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. Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis. Compensation Range: The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. 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. 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.

Created: 2026-01-09

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