4,871 Financial Recovery jobs in the United States

Financial Operations Recovery Specialist II

23500 Norfolk, Virginia Elevance Health

Posted 5 days ago

Job Viewed

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Job Description

Financial Operations Recovery Specialist II

Hybrid 1 : This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The FINANCIAL OPERATIONS RECOVERY SPECIALIST II is responsible for the discovery, validation, recovery, and adjustments of claims overpayments. May do all or some of the following in relation to cash receipts, cash application, claim audits collections, overpayment vendor validation, and claim adjustments.

How you will make an impact:

  • Audits paid claims for overpayments using various techniques including systems-based queries, specialized reporting, or other research.

  • Responsible for more complex issues such as coordination of benefits, Medicare, and medical policies.

  • Works closely with staff from other departments on a regular basis to ensure customer satisfaction.

  • Works closely with contract managers to identify and correct contractual issues when applicable.

  • May perform collection activities to ensure the recovery of overpayments and maintenance of unprocessed cash and accounts receivable processes and all other cash applications as required.

  • Researches voluntary refunds for accuracy. Requires accurate balancing of all accounts.

Minimum Requirements:

  • Requires a H.S. diploma or equivalent and a minimum of 2 years of claims processing and/or customer service experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences:

  • AA/AS or higher-level degree preferred.

  • Overpayment or recovery experience strongly preferred.

  • Ability to be flexible with workload and inventory needs.

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

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Financial Operations Recovery Specialist II

33603 Tampa, Florida Elevance Health

Posted 2 days ago

Job Viewed

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Job Description

**Financial Operations Recovery Specialist II**
**Hybrid 1** : This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.
**_Please note_** _that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law._
The **FINANCIAL OPERATIONS RECOVERY SPECIALIST II** is responsible for the discovery, validation, recovery, and adjustments of claims overpayments. May do all or some of the following in relation to cash receipts, cash application, claim audits collections, overpayment vendor validation, and claim adjustments.
**How you will make an impact:**
+ Audits paid claims for overpayments using various techniques including systems-based queries, specialized reporting, or other research.
+ Responsible for more complex issues such as coordination of benefits, Medicare, and medical policies.
+ Works closely with staff from other departments on a regular basis to ensure customer satisfaction.
+ Works closely with contract managers to identify and correct contractual issues when applicable.
+ May perform collection activities to ensure the recovery of overpayments and maintenance of unprocessed cash and accounts receivable processes and all other cash applications as required.
+ Researches voluntary refunds for accuracy. Requires accurate balancing of all accounts.
**Minimum Requirements:**
+ Requires a H.S. diploma or equivalent and a minimum of 2 years of claims processing and/or customer service experience; or any combination of education and experience, which would provide an equivalent background.
**Preferred Skills, Capabilities and Experiences:**
+ AA/AS or higher-level degree preferred.
+ Overpayment or recovery experience strongly preferred.
+ Ability to be flexible with workload and inventory needs.
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
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Financial Operations Recovery Specialist II

46202 Indianapolis, Indiana Elevance Health

Posted 2 days ago

Job Viewed

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Job Description

**Financial Operations Recovery Specialist II**
**Hybrid 1** : This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.
**_Please note_** _that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law._
The **FINANCIAL OPERATIONS RECOVERY SPECIALIST II** is responsible for the discovery, validation, recovery, and adjustments of claims overpayments. May do all or some of the following in relation to cash receipts, cash application, claim audits collections, overpayment vendor validation, and claim adjustments.
**How you will make an impact:**
+ Audits paid claims for overpayments using various techniques including systems-based queries, specialized reporting, or other research.
+ Responsible for more complex issues such as coordination of benefits, Medicare, and medical policies.
+ Works closely with staff from other departments on a regular basis to ensure customer satisfaction.
+ Works closely with contract managers to identify and correct contractual issues when applicable.
+ May perform collection activities to ensure the recovery of overpayments and maintenance of unprocessed cash and accounts receivable processes and all other cash applications as required.
+ Researches voluntary refunds for accuracy. Requires accurate balancing of all accounts.
**Minimum Requirements:**
+ Requires a H.S. diploma or equivalent and a minimum of 2 years of claims processing and/or customer service experience; or any combination of education and experience, which would provide an equivalent background.
**Preferred Skills, Capabilities and Experiences:**
+ AA/AS or higher-level degree preferred.
+ Overpayment or recovery experience strongly preferred.
+ Ability to be flexible with workload and inventory needs.
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
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Financial Operations Recovery Specialist II

30309 Midtown Atlanta, Georgia Elevance Health

Posted 2 days ago

Job Viewed

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Job Description

**Financial Operations Recovery Specialist II**
**Hybrid 1** : This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.
**_Please note_** _that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law._
The **FINANCIAL OPERATIONS RECOVERY SPECIALIST II** is responsible for the discovery, validation, recovery, and adjustments of claims overpayments. May do all or some of the following in relation to cash receipts, cash application, claim audits collections, overpayment vendor validation, and claim adjustments.
**How you will make an impact:**
+ Audits paid claims for overpayments using various techniques including systems-based queries, specialized reporting, or other research.
+ Responsible for more complex issues such as coordination of benefits, Medicare, and medical policies.
+ Works closely with staff from other departments on a regular basis to ensure customer satisfaction.
+ Works closely with contract managers to identify and correct contractual issues when applicable.
+ May perform collection activities to ensure the recovery of overpayments and maintenance of unprocessed cash and accounts receivable processes and all other cash applications as required.
+ Researches voluntary refunds for accuracy. Requires accurate balancing of all accounts.
**Minimum Requirements:**
+ Requires a H.S. diploma or equivalent and a minimum of 2 years of claims processing and/or customer service experience; or any combination of education and experience, which would provide an equivalent background.
**Preferred Skills, Capabilities and Experiences:**
+ AA/AS or higher-level degree preferred.
+ Overpayment or recovery experience strongly preferred.
+ Ability to be flexible with workload and inventory needs.
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
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Financial Operations Recovery Specialist II

45040 Mason, Ohio Elevance Health

Posted today

Job Viewed

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Job Description

**Financial Operations Recovery Specialist II**
**Hybrid 1** : This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.
**_Please note_** _that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law._
The **FINANCIAL OPERATIONS RECOVERY SPECIALIST II** is responsible for the discovery, validation, recovery, and adjustments of claims overpayments. May do all or some of the following in relation to cash receipts, cash application, claim audits collections, overpayment vendor validation, and claim adjustments.
**How you will make an impact:**
+ Audits paid claims for overpayments using various techniques including systems-based queries, specialized reporting, or other research.
+ Responsible for more complex issues such as coordination of benefits, Medicare, and medical policies.
+ Works closely with staff from other departments on a regular basis to ensure customer satisfaction.
+ Works closely with contract managers to identify and correct contractual issues when applicable.
+ May perform collection activities to ensure the recovery of overpayments and maintenance of unprocessed cash and accounts receivable processes and all other cash applications as required.
+ Researches voluntary refunds for accuracy. Requires accurate balancing of all accounts.
**Minimum Requirements:**
+ Requires a H.S. diploma or equivalent and a minimum of 2 years of claims processing and/or customer service experience; or any combination of education and experience, which would provide an equivalent background.
**Preferred Skills, Capabilities and Experiences:**
+ AA/AS or higher-level degree preferred.
+ Overpayment or recovery experience strongly preferred.
+ Ability to be flexible with workload and inventory needs.
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
View Now

Financial Operations Recovery Specialist II

23509 Norfolk, Virginia Elevance Health

Posted today

Job Viewed

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Job Description

**Financial Operations Recovery Specialist II**
**Hybrid 1** : This role requires associates to be in-office 1-2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.
**_Please note_** _that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law._
The **FINANCIAL OPERATIONS RECOVERY SPECIALIST II** is responsible for the discovery, validation, recovery, and adjustments of claims overpayments. May do all or some of the following in relation to cash receipts, cash application, claim audits collections, overpayment vendor validation, and claim adjustments.
**How you will make an impact:**
+ Audits paid claims for overpayments using various techniques including systems-based queries, specialized reporting, or other research.
+ Responsible for more complex issues such as coordination of benefits, Medicare, and medical policies.
+ Works closely with staff from other departments on a regular basis to ensure customer satisfaction.
+ Works closely with contract managers to identify and correct contractual issues when applicable.
+ May perform collection activities to ensure the recovery of overpayments and maintenance of unprocessed cash and accounts receivable processes and all other cash applications as required.
+ Researches voluntary refunds for accuracy. Requires accurate balancing of all accounts.
**Minimum Requirements:**
+ Requires a H.S. diploma or equivalent and a minimum of 2 years of claims processing and/or customer service experience; or any combination of education and experience, which would provide an equivalent background.
**Preferred Skills, Capabilities and Experiences:**
+ AA/AS or higher-level degree preferred.
+ Overpayment or recovery experience strongly preferred.
+ Ability to be flexible with workload and inventory needs.
Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Who We Are
Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.
How We Work
At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
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Financial Recovery Rep Sr - SBA

43201 Columbus, Ohio Huntington National Bank

Posted today

Job Viewed

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Job Description

Description
Summary:
The Financial Recovery Rep - Sr will manage a portfolio of substandard SBA loans (under $1MM legal aggregate exposure), working with customers, attorneys and liquidators to rehabilitate or gently exit borrowers unable to maintain their relationship with HNB. Responsibilities include analyzing financial plans, negotiating loan collection, restructuring/rehabilitation or exit, and recommending/overseeing litigation, liquidation, upgrading back to the main business banking portfolio or charge-off of a loan.
Duties & Responsibilities:
+ Develops resolution strategy on substandard SBA loans to minimize losses on the current loan portfolio (aggregate legal exposure up to $1MM).
+ Responsible for loan management through the SBA lifecycle in accordance with bank policy and applicable SBA SOPs; including verification of applicable collateral positions, loan documentation integrity, secondary market re-purchases, litigation plans and SBA final wrap-up.
+ Analyzes financial plans, negotiates loan collection and/or restructuring, recommends/oversees litigation, liquidation or charge-off of loan in a time sensitive environment.
+ Adheres to bank policies and procedures and comply with legal and regulatory requirements.
+ Works with business banking line loan officers to manage non-pass rated borrowing relationships.
+ Accountable for risk management, compliance, and audit performance for areas 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.
+ Analytical thinking, strong attention to detail, sense of urgency, and ability and desire to provide.
+ Maintains current knowledge of risk-related changes that may impact assigned areas of responsibility.
+ Excellent written and verbal communication skills.
+ Responsible for maintaining and timely record keeping in Financial Recovery Group specific systems of record (Access databases, Legal, Tracker, CARS, SBA Database, but not limited to) in addition to business banking systems.
+ Performs other duties as assigned.
Basic Qualifications:
+ Bachelor's degree in business, finance or accounting or equivalent
+ 3 years of experience in commercial/business banking underwriting, lending, credit and/or appraisal required
Preferred Qualifications:
+ Working knowledge of SBA requirements as well as loan documentation.
+ Ability to work independently in a deadline driven and goal-oriented team environment.
+ Ability to read and analyze financial statements as well as various reporting.
+ Ability to negotiate settlements, repayments and sale of security/collateral while adhering to state and federal regulations as well as SBA SOP guidelines.
+ Working knowledge of exit strategies including bankruptcy, closed business, legal remedies and liquidation strategies.
+ Vision / AFS Experience.
+ Strong goal achievement orientation.
#LI - ML1
#LI - Hybrid
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
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 is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington Bank will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington Bank colleagues, directly or indirectly, will be considered Huntington Bank property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.
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Financial Recovery Rep III - Special Assets

60684 Chicago, Illinois Huntington National Bank

Posted 2 days ago

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Job Description

Description
Summary:
The Financial Recovery Representative III position is full-time and is responsible for developing a workout strategy on business banking loans.
Duties and Responsibilities:
+ Develop a workout strategy on classified (special asset) loans.
+ Responsible for analyzing financial plans, negotiating loan collection or restructuring, and recommending/overseeing litigation, liquidation or the charge off of a loan.
+ Work with loan officers to manage the borrowing relationship and participate in loan watchlist preparation and review.
+ Adhere 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.
+ Establish or work 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.
+ Maintain current knowledge of risk-related changes that may impact assigned area(s) of responsibility.
+ Perform other duties as assigned.
Basic Qualifications:
+ Bachelor's Degree in Business, Finance, or Accounting
+ 7 years of experience in commercial or business banking underwriting, lending, or credit
Preferred Qualifications:
+ Excellent written and verbal communication skills.
+ Strong goal achievement orientation.
+ Strong attention to detail, sense of urgency, and the ability and desire to provide exemplary service to our clients is key in this position.
+ Ability to work independently in a deadline driven and goal oriented team environment.
+ Basic working knowledge of PC applications.
#LI-ML1
#LI-Hybrid
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
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:
$93,000 - $189,000 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 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.
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Financial Recovery Rep III - Special Assets

48208 Detroit, Michigan Huntington National Bank

Posted today

Job Viewed

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Job Description

Description
Summary:
The Financial Recovery Representative III position is full-time and is responsible for developing a workout strategy on business banking loans.
Duties and Responsibilities:
+ Develop a workout strategy on classified (special asset) loans.
+ Responsible for analyzing financial plans, negotiating loan collection or restructuring, and recommending/overseeing litigation, liquidation or the charge off of a loan.
+ Work with loan officers to manage the borrowing relationship and participate in loan watchlist preparation and review.
+ Adhere 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.
+ Establish or work 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.
+ Maintain current knowledge of risk-related changes that may impact assigned area(s) of responsibility.
+ Perform other duties as assigned.
Basic Qualifications:
+ Bachelor's Degree in Business, Finance, or Accounting
+ 7 years of experience in commercial or business banking underwriting, lending, or credit
Preferred Qualifications:
+ Excellent written and verbal communication skills.
+ Strong goal achievement orientation.
+ Strong attention to detail, sense of urgency, and the ability and desire to provide exemplary service to our clients is key in this position.
+ Ability to work independently in a deadline driven and goal oriented team environment.
+ Basic working knowledge of PC applications.
#LI-ML1
#LI-Hybrid
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
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:
$93,000 - $189,000 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 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.
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Financial Recovery Rep III - Special Assets

28230 Charlotte, North Carolina Huntington National Bank

Posted today

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Job Description

Description
Summary:
The Financial Recovery Representative III position is full-time and is responsible for developing a workout strategy on business banking loans.
Duties and Responsibilities:
+ Develop a workout strategy on classified (special asset) loans.
+ Responsible for analyzing financial plans, negotiating loan collection or restructuring, and recommending/overseeing litigation, liquidation or the charge off of a loan.
+ Work with loan officers to manage the borrowing relationship and participate in loan watchlist preparation and review.
+ Adhere 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.
+ Establish or work 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.
+ Maintain current knowledge of risk-related changes that may impact assigned area(s) of responsibility.
+ Perform other duties as assigned.
Basic Qualifications:
+ Bachelor's Degree in Business, Finance, or Accounting
+ 7 years of experience in commercial or business banking underwriting, lending, or credit
Preferred Qualifications:
+ Excellent written and verbal communication skills.
+ Strong goal achievement orientation.
+ Strong attention to detail, sense of urgency, and the ability and desire to provide exemplary service to our clients is key in this position.
+ Ability to work independently in a deadline driven and goal oriented team environment.
+ Basic working knowledge of PC applications.
#LI-ML1
#LI-Hybrid
Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)
Yes
Workplace Type:
Office
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:
$93,000 - $189,000 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 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.
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