As a Financial Recovery Rep-Senior at Huntington Bank, your daily responsibilities involve developing resolution strategies for classified loans. You will analyze financial plans, negotiate with clients regarding loan collections, and handle loan restructuring. Additionally, you will recommend and oversee litigation processes or loan charge-offs while collaborating with business line loan officers to maintain strong relationships with non-pass rated borrowing accounts.

To qualify for the Financial Recovery Rep-Senior role at Huntington Bank, candidates typically need a Bachelor's degree in business, finance, or accounting, or equivalent relevant work experience. Furthermore, a minimum of three years in commercial or business banking underwriting, lending, or credit is required. Excellent communication skills and a strong attention to detail are preferred for success in this position.

Huntington Bank provides robust support for the development of Financial Recovery Reps by encouraging mentorship and coaching within the team. As a Senior Rep, you will have the opportunity to guide less experienced employees, ensuring they are properly trained and resources are available. Continuous knowledge updates regarding risk management and compliance requirements are also essential aspects of the support provided.

The work environment for a Financial Recovery Rep-Senior at Huntington Bank combines both in-office and remote work arrangements, promoting flexibility and work-life balance. This approach allows team members to deepen connections, maintain community engagement, and ensure optimal productivity while conducting their responsibilities in a supportive environment.

Key skills important for a Financial Recovery Rep-Senior at Huntington Bank include strong analytical abilities to assess and develop resolution strategies for classified loans, excellent negotiation skills for loan collection and restructuring, and a keen attention to detail. Additionally, effective communication skills, a commitment to goal achievement, and the ability to work independently in a deadline-driven team environment are crucial in this role.

Certainly! In my previous roles, I have actively engaged in loan collections and restructuring, where I developed strategies to negotiate manageable repayment terms for clients facing financial difficulties. I have utilized my analytical skills to assess individual financial situations thoroughly and propose suitable restructuring options that benefit both the client and the financial institution.

In risk management as a Financial Recovery Rep, I prioritize identifying potential risks early on by conducting comprehensive loan reviews. Developing robust risk assessment protocols and adhering to compliance measures ensures that risks are effectively communicated and mitigated. Collaborating closely with team and management fosters an environment of transparency and proactive risk handling.

Managing relationships with non-pass rated borrowers requires a balance of firmness and empathy. I typically ensure regular communication, address concerns proactively, and emphasize the importance of collaboration in finding workable solutions. Establishing trust and maintaining open dialogue allows me to better understand their needs and foster a cooperative approach to resolving outstanding debt.

My approach to developing resolution strategies for classified loans involves a detailed analysis of each unique case. I evaluate financial statements, assess borrower capabilities, and explore negotiation options that protect the bank's interests while offering borrowers realistic paths for resolution. Open communication with affected parties is crucial throughout this process.

In my prior position, I had the pleasure of mentoring a junior employee struggling with analytical evaluations. I developed a structured training plan involving hands-on projects and regular feedback sessions. By providing them with resources like templates and examples, they gained confidence and improved their analytical skills significantly, resulting in better performance outcomes.

I make it a priority to stay informed about financial and risk regulations by subscribing to relevant industry publications, participating in webinars, and attending conferences. Networking with other professionals in the finance industry is invaluable for sharing insights and staying up-to-date with regulatory changes that impact the financial recovery landscape.

I am experienced in using various software applications for financial recovery, such as Excel for data analysis and modeling, CRM systems for client interactions, and specific loan management systems for tracking loan performance. I leverage these tools to streamline processes, maintain organization, and enhance my efficiency in managing recovery efforts.

One of the most challenging situations I managed involved a large commercial client facing insolvency. I conducted a thorough assessment of their financial standing and worked diligently with their management to devise a workable restructuring plan. Through open dialogue, we reached a mutually agreeable solution that preserved the client's business while allowing the bank to recover a significant portion of the outstanding debt.

During peak collection times, I prioritize tasks by categorizing them based on urgency and impact. I focus first on high-risk accounts requiring immediate attention, followed by structured timelines for follow-ups on lower-risk cases. Utilizing to-do lists ensures I remain organized, while regular communication with my team accelerates task delegation and ensures deadlines are met.

I am deeply motivated to provide exceptional service as I believe that helping clients navigate financial recoveries is crucial for their future stability. I find fulfilling satisfaction in easing their burdens through effective solutions, understanding their struggles, and working together to set them on a path to recovery. This not only helps the individual clients but contributes positively to the overall reputation of the bank.