Description

Summary:

Asset Finance Collections Rep III maximizes Equipment Finance’s return on problem accounts and equipment liquidation within its commercial lease and loan portfolio.

Duties and Responsibilities:

• Protects the bank's Equipment Finance’s financial risk and returns by reviewing contract modifications, restructures and contract assumptions.
• Researches complex collection and litigation issues and problems and develops and implements workout arrangements on problem loans and leases including repossessions, legal action and liquidation of collateral. 
• Contributes to the review, update and implementation of new procedures and practices within the Collections Department.
• Works closely with all levels of management, inter-departments, legal counsel and customers to ensure company objectives are being met.
• Assists the Collection Manager by providing coaching and mentoring to less experience members of the collection staff.
• Performs other duties as assigned.

Basic Qualifications:

• Bachelor’s degree in business or related field or equivalent work experience.
• 3+ years commercial lease and loan workout and collection experience with a variety of different types of lease and loan structures.

Preferred Qualifications:

• 5+ years customer service/collection experience
• Strong working knowledge of workout solutions and associated documentation.
• Strong working knowledge of bankruptcy and commercial law.
• Solid working knowledge of all stages of collections, insurance and bankruptcy litigation.
• Strong working knowledge of State and Federal regulations governing collection practices.
• Good working knowledge of equipment/collateral values and liquidation process.
• Strong conflict resolution, motivational, analytical/problem solving and negotiation skills.
• Works with little supervision and has the ability to prioritize and meet deadlines.
• Proactive, self-motivated, independent, results oriented.
• Proven ability to manage customer and internal relationships and make decisions that balance the customer needs with company needs.
• Ability to use independent judgment on relationships in excess of $500,000

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. We’re 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:

$47,000 - $101,000 Annual Salary

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.