This site uses cookies. To find out more, see our Cookies Policy
Skip to navigation
Skip to main content
Skip to footer

Special Assets Representative in Columbus at Huntington

Date Posted: 1/9/2019

Job Snapshot

Job Description

Special Asset Collections. Backend Collections Rep.

Develops workout strategy on classified (special asset) loans to minimize losses on a commercial loan portfolio. Responsibilities include: contacting customers with delinquent loan Payments, negotiating loan collection and/or restructuring, and recommending/overseeing litigation, liquidation and forecasting charge off and non-accrual.

Job Description:

  • 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

    Basic Qualifications:

  • Bachelor's degree or an additional 2 years of experience with asset liquidation

  • 1+ years' experience with asset liquidation

    Preferred Skills:

  • Asset liquidation for a business banking and/or commercial loan portfolio

  • Knowledge of Bankruptcy Proof of Claim and Relief of Stay filing process

  • Knowledge of Real Estate Foreclosures and Sheriff Sale process

  • Knowledge of vehicle repossession and sale of collateral process

  • Previous experience with, and knowledge of, Small Business Administration (SBA) loan products

  • Proven ability to handle a fast-pace collection environment with minimal supervision

  • Extensive 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

  • Adhere to Policy and Procedures. Maintain compliance with legal and regulatory requirements

  • 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 / RETS / CARS.

EEO/AA Employer/Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details. Huntington does not accept solicitation from Third Party Recruiters for any position.
TOP