Hybrid Senior Financial Recovery Representative – Special Assets

Posted 2 months ago

Apply now

About the role

  • Senior Financial Recovery Representative developing strategies on classified loans to minimize losses in the commercial loan portfolio. Analyzing financial plans and negotiating loan restructuring.

Responsibilities

  • Develops resolution strategy on classified (special asset) 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.

Requirements

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

Job title

Senior Financial Recovery Representative – Special Assets

Job type

Experience level

Senior

Salary

$70,000 - $140,000 per year

Degree requirement

Bachelor's Degree

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job