Financial Recovery Rep - Sr.-1 jobs in United States
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Huntington National Bank · 1 day ago

Financial Recovery Rep - Sr.-1

Huntington National Bank is looking for a Senior Financial Recovery Representative who will develop resolution strategies for classified loans to minimize losses. The role involves analyzing financial plans, negotiating loan collections, and overseeing litigation or liquidation processes.

Asset ManagementFinanceFinancial Services
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H1B Sponsor Likelynote

Responsibilities

Develops resolution strategy on classified (substandard risk rated) loans to minimize losses on current loan portfolio
Analyzes financial plans, negotiates loan collection, restructuring/rehabilitation or exit, and recommends/oversees litigation, liquidation, upgrade or charge-off of loan
Protects the integrity of any applicable SBA or USDA guaranty while under FRG management by following all applicable SBA and USDA requirements
Responsible for loan management through the SBA lifecycle in accordance with bank policy and applicable SBA SOPs including verification of applicable collateral positions, loan documentation integrity, secondary market re-purchases, litigation plans and SBA final wrap-up
Works with business line loan officers to manage non-pass rated borrowing relationships
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 are adhered to on an on-going basis
If applicable, ensures staff is properly trained, provided with appropriate re­ sources, and motivated to adhere to risk management principles
Maintains current knowledge of risk-related changes that may impact assigned area(s) of responsibility
Performs other duties as assigned

Qualification

Commercial banking experienceLoan managementSBAUSDA knowledgeFinancial statement analysisLoan documentation understandingDeadline drivenPC applications proficiencyTeam collaboration

Required

Bachelor's degree in business, finance or accounting or equivalent, relevant work experience
A minimum of 3 years of experience in commercial/business banking underwriting, lending, or credit required

Preferred

Category of One service to our clients is key in this position
Ability to work independently in a deadline driven and goal-oriented team environment
Working knowledge of SBA and USDA requirements
Ability to read and analyze financial statements
Basic understanding of loan documentation
Basic working knowledge of PC applications and Huntington systems

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

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Huntington National Bank offers consumer, small business, and commercial banking, mortgages, wealth, and insurance services.

H1B Sponsorship

Huntington National Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (120)
2024 (118)
2023 (84)
2022 (114)
2021 (67)
2020 (48)

Funding

Current Stage
Public Company
Total Funding
$1.75B
2024-11-18Post Ipo Debt· $1.75B
1978-01-13IPO

Leadership Team

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Donnell White
Senior Vice President - Chief Inclusion Officer
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Dontae Noel
Emerging Payments & Platforms Strategy
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