Description

Summary:

The Equipment Finance Asset Manager III is a management role and is responsible for all collection functions and supervision of collection staff.  Additional responsibilities include delinquency reporting, non-accrual and charge off management, customer service, asset remarketing, payoffs, and other department operational type duties.

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.
• Coaching, teaching and mentoring staff.
• Performs other duties as requested.

Basic Qualifications:

• 5+ years commercial lease and loan workout and collection experience with a variety of different types of transactions.
• Solid working knowledge of all stages of collections, repossession, insurance, and bankruptcy litigation.
• Strong working knowledge of workout solutions and associated documentation.
• Good working knowledge of equipment/collateral values and liquidation process.
• Strong conflict resolution, motivational, analytical/problem solving and negotiation skills.
• Works under minimal supervision and can 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

Preferred Qualifications:

• 10+ years customer service/collection experience
• 5+ years equipment repossession and remarketing experience
• Bachelor’s degree in business or related field or banking/finance
• Strong working knowledge of bankruptcy and commercial law.
• Strong working knowledge of State and Federal regulations governing collection practices.

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Workplace Type:

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 is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters:  Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume.  All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.