ABL Relationship Manager - Huntington National Bank
Olympia, WA
About the Job
Description
Summary:
The Asset Based Lending (ABL) Relationship Manager ensures loans are properly serviced, clients’ financial status is reviewed, and collateral is appropriately analyzed and verified.Duties & Responsibilities:
+ Responsible for more complex deals.
+ Responsible for business development activities such as soliciting and negotiating additional transactions.
+ Evaluates all aspects of existing transactions of an assigned portfolio of clients to determine viability of the credit and makes the appropriate recommendations to senior management and credit committee.
+ Credit monitoring includes independent analysis of financial data, collateral trends, industry knowledge, economic conditions in order to form an independent conclusion as to an entity’s financial condition and ascertain the key credit issues/mitigates and what risk exists in current loan structure.
+ Handles a mix of primarily direct and agent deals with multiple bank participants which are larger highly complex deals.
+ Develops a working relationship with borrowers or agent banks and business partners.
+ Works closely with third party turnaround consultants and other professional appraisal/liquidator firms.
+ Responsible for setting client relationship strategy.
+ Prepares monthly and quarterly portfolio management reports; develops critical financial analysis, process client credit requests, amendments, waivers and renewals in a timely manner.
+ Reviews client field exams, appraisals, collateral trends and reporting with the ability to identify and proactively recommend appropriate reserves, ineligible changes and credit solutions.
+ Works closely with consultants on distressed credits.
+ Ensure overall collateral reporting is timely and accurate.
+ Ensures field exams are performed timely.
+ Develops a working relationship with borrowers or agent banks and business partners as this facilitates with maintaining the timely communication of critical credit analysis and recommendations.
+ Visits clients and oversees banker calling efforts to cross sell Bank products to enhance relationship and revenue.
+ Presents to Senior Management and Credit Committee annual credit reviews ensuring proper risk analysis and rating recommendations.
+ Performs other duties as assigned.
Basic Qualifications:
+ Bachelor's Degree
+ 7+ years related experience including ABL experience
#LI-Remote
#LI-DK1
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Applications Accepted Through:
05/09/2024
Huntington expects to accept applications through at least the date above, and may continue to accept applications until the position is filled.
Workplace Type:
Remote
Compensation Range:
$140,000 - $185,000 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 and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
Summary:
The Asset Based Lending (ABL) Relationship Manager ensures loans are properly serviced, clients’ financial status is reviewed, and collateral is appropriately analyzed and verified.Duties & Responsibilities:
+ Responsible for more complex deals.
+ Responsible for business development activities such as soliciting and negotiating additional transactions.
+ Evaluates all aspects of existing transactions of an assigned portfolio of clients to determine viability of the credit and makes the appropriate recommendations to senior management and credit committee.
+ Credit monitoring includes independent analysis of financial data, collateral trends, industry knowledge, economic conditions in order to form an independent conclusion as to an entity’s financial condition and ascertain the key credit issues/mitigates and what risk exists in current loan structure.
+ Handles a mix of primarily direct and agent deals with multiple bank participants which are larger highly complex deals.
+ Develops a working relationship with borrowers or agent banks and business partners.
+ Works closely with third party turnaround consultants and other professional appraisal/liquidator firms.
+ Responsible for setting client relationship strategy.
+ Prepares monthly and quarterly portfolio management reports; develops critical financial analysis, process client credit requests, amendments, waivers and renewals in a timely manner.
+ Reviews client field exams, appraisals, collateral trends and reporting with the ability to identify and proactively recommend appropriate reserves, ineligible changes and credit solutions.
+ Works closely with consultants on distressed credits.
+ Ensure overall collateral reporting is timely and accurate.
+ Ensures field exams are performed timely.
+ Develops a working relationship with borrowers or agent banks and business partners as this facilitates with maintaining the timely communication of critical credit analysis and recommendations.
+ Visits clients and oversees banker calling efforts to cross sell Bank products to enhance relationship and revenue.
+ Presents to Senior Management and Credit Committee annual credit reviews ensuring proper risk analysis and rating recommendations.
+ Performs other duties as assigned.
Basic Qualifications:
+ Bachelor's Degree
+ 7+ years related experience including ABL experience
#LI-Remote
#LI-DK1
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Applications Accepted Through:
05/09/2024
Huntington expects to accept applications through at least the date above, and may continue to accept applications until the position is filled.
Workplace Type:
Remote
Compensation Range:
$140,000 - $185,000 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 and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
Source : Huntington National Bank