Special Assets Rep III
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Location:
101 South Tryon StreetCharlotte,NCTX
- Reference Number: R0060610
Description
Summary:
The Financial Recovery Representative III position is full-time and is responsible for developing a workout strategy on Middle Market loans.
Duties and Responsibilities:
- Develop a workout strategy on classified (special asset) loans
- Responsible for analyzing financial plans, negotiating loan collection or restructuring, and recommending/overseeing litigation, liquidation or the charge off of a loan
- Work with loan officers to manage the borrowing relationship and participate in loan watchlist preparation and review
- Adhere 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
- Establish or work 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 resources and motivated to adhere to risk management principles
- Maintain current knowledge of risk-related changes that may impact assigned area(s) of responsibility
- Perform other duties as assigned
Basic Qualifications:
- Bachelor's Degree in Business, Finance, or Accounting
- 7+ years of experience in commercial or Middle Market underwriting, lending, or credit
- Experience in managing syndicated/agented deals, sponsor relationships and Mid Corp/Large Corp transactions
Preferred Qualifications:
- Excellent written and verbal communication skills.
- Strong goal achievement orientation.
- Strong attention to detail, sense of urgency, and the ability and desire to provide exemplary service to our clients is key in this position.
- Ability to work independently in a deadline driven and goal oriented team environment.
- Basic working knowledge of PC applications.
#LI - Hybrid
#LI - ML1
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Workplace Type:
OfficeOur 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 and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
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Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position