Huntington National Bank · 1 week ago
Financial Recovery Rep 2
Minnetonka, MN
Full-time
Hybrid
Mid Level
$57K/yr - $113K/yr
3+ years expHuntington National Bank is focused on managing a portfolio of substandard Business Banking loans. The Financial Recovery Rep will work with customers, attorneys, and liquidators to develop strategies for minimizing losses and ensuring compliance with bank policies and legal requirements.
Asset ManagementFinanceFinancial Services
No H1B
Responsibilities
Develops a litigation and or liquidation strategy on classified (financial Recovery-managed) loans up to $250M 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
Qualification
Required
Bachelor's Degree
3 or more years of experience in commercial/business banking underwriting, lending, credit and/or appraisal required
Preferred
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 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
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 / 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
Benefits
Health insurance coverage
Wellness program
Life and disability insurance
Retirement savings plan
Paid leave programs
Paid holidays
Paid time off (PTO)
Company
Huntington National Bank
Huntington National Bank offers consumer, small business, and commercial banking, mortgages, wealth, and insurance services. It is a sub-organization of Huntington Distribution Finance.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$1.75BKey Investors
FHLB Cincinnati
2026-01-17Grant
2024-11-18Post Ipo Debt· $1.75B
1978-01-13IPO
Leadership Team
Donnell White
Senior Vice President - Chief Inclusion Officer
Dontae Noel
Emerging Payments & Platforms Strategy
Recent News
2026-01-09
2026-01-09
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