Senior Special Assets Representative

Huntington Bancshares Inc

Minnetonka, MN

JOB DETAILS
SALARY
$70,000–$140,000 Per Year
SKILLS
Accounting, Auditing, Business Loans, Coaching, Commercial Loans, Communication Skills, Corporate Funding, Customer Support/Service, Detail Oriented, Finance, Financial Analysis, Financial Planning, Financial Services, Legal, Litigation, Loan Portfolio, Loan Restructuring, Loans, Maintain Compliance, Negotiation Skills, Presentation/Verbal Skills, Recruiting/Staffing Agency, Regulatory Compliance, Regulatory Requirements, Risk, Risk Analysis, Risk Management, Staff Training, Statement of Work (SOW), Strategic Planning, Time Management, Underwriting, Work From Home, Writing Skills
LOCATION
Minnetonka, MN
POSTED
30+ days ago

DescriptionSummary:

The Senior Financial Recovery Rep develops resolution strategy on classified (special asset) loans to minimize losses on current Middle Market Large Corp/Mid Corp/Sponsor Finance portfolio. Responsibilities include analyzing financial plans, negotiating loan collection, or restructuring, and recommending/overseeing litigation, liquidation or charge off-of loan. Works with moderately large and complex loans. May coach less experienced employees.

Duties & Responsibilities:

• Develops resolution strategy on classified (special asset) loans to minimize losses on current loan portfolio: Middle Market, Large Corp, Mid Corp, Sponsor Finance • Analyzes financial plans, negotiates loan collection or restructuring, and recommends/oversees litigation, liquidation or charge-off of loan • Works with business line loan officers to manage non-pass-rated borrowing relationship • 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 resources, and motivated to adhere to risk management principles • Maintains current knowledge of risk-related changes that may impact assigned area(s) of responsibility

Basic Qualifications:

• Bachelors degree in business, finance, or accounting or equivalent, relevant work experience • A minimum of 3 years of experience in commercial underwriting, lending, or credit required

Preferred Qualifications:

• Excellent written and verbal communication skills • Strong goal achievement orientation • Strong attention to detail, sense of urgency, and ability and desire to provide Simply the Best Service to our clients are key in this position • Ability to work independently in a deadline-driven and goal-oriented team environment • Basic working knowledge of PC applications

Exempt Status:

• (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Yes

Applications Accepted Through:

03/31/2026

Huntington expects to accept applications through at least the date above, and may continue to accept applications until the position is filled.

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.

Compensation Range:

$70,000-$140,000 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 Huntingtons 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.

About the Company

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Huntington Bancshares Inc