Asynchronous Remote Financial Aid Jobs in Ohio (NOW HIRING)

Summary:

The Financial Recovery Rep develops workout strategy on classified (special asset) loans to minimize losses on a commercial loan portfolio. Position is contacting customers with delinquent loan payments, negotiating loan collection and/or restructuring, and recommending/overseeing litigation, liquidation and forecasting charge off and non-accrual.
Duties & Responsibilities:

• Contact customers by phone to cure past due loans
• Identify reason for payment default
• Identifies position and remedies relative to bankruptcy cases
• Develops workout strategy to minimize non-accruals and charge offs. Increase recovery opportunities on current loan portfolio
• Document and maintain a complete and accurate record on accounts
• Establishes effective controls and processes to ensure risks are measured, monitored and controlled
• Oversees complex cases involving defense lawsuits. Provides direction to legal counsel and/or liquidators
• Review new legal and liquidation assignments and engages legal and or liquidation vendor to aid in recovery and loss avoidance
• Keeps abreast of risk-related law changes and legal precedent that may impact litigation or liquidation functions
• Performs other duties as assigned.

Basic Qualifications:

• Bachelors Degree or 2 additional years of experience in Lieu of degree
• 2 years of experience in liquidating assets held as collateral in a business banking and commercial loan portfolio

Preferred Qualifications:

• Proven ability to handle a fast-pace environment with minimal supervision
• Prefer knowledge of US Bankruptcy laws
• Ability to identify banks position relative to potential risks associated with pursuing litigation and/or liquidation
• Ability to negotiate settlements, workouts and sale of security while adhering to state and federal regulations
• High school diploma or equivalent required. Bachelor's degree preferred.
• Adhere to Policy and Procedures. Maintain compliance with legal and regulatory requirements
• Prefer a minimum of 2 years liquidating assets held as collateral in a business banking and commercial loan portfolio
• Prefer experience with Real Estate Foreclosure process
• Multi-tasking, system skills/capabilities with previous knowledge of Lotus Notes, Excel and Word.
• Previous experience with AFS / CACS / Velocity / RIMS / CARS.

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 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.

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.