Collateral Analyst Sr

Huntington Commercial Bank; Chicago (IL); Hybrid; USD 37,000 - 85,000; Full time

Job summary

Huntington Bank in Chicago is seeking a Collateral Analyst Sr to manage complex customer relationships, including co-borrowers, agency deals, participation deals and workouts that require intensive collateral monitoring.

This role can be based at any Huntington corporate office and may involve flexible work arrangements. You will analyze and monitor client collateral for value and viability, calculate available collateral, and prepare regular management reports for decision-making.

Qualifications

• 3+ years of Asset Based Lending experience.
• Associate's Degree or equivalent in Accounting, Finance or other related fields.

Responsibilities

• Provide excellent customer service for a defined portfolio.
• Liaise between Borrower and Huntington Bank Credit personnel.
• Analyze and monitor client's collateral for value and viability.
• Calculate Borrower's available collateral per department policies.
• Prepare regular reports on overall account status.
• Perform other duties as assigned.

Skills

Asset Based Lending

Education

Associate's Degree in Accounting/Finance

Job description

Description

This role can be based at any Huntington corporate office.

Summary

The Collateral Analyst Sr handles complex customer relationships including but not limited to co-borrower relationships, agency deals, participation deals and workout customers that require intense collateral monitoring.

Duties And Responsibilities

• Provides excellent customer service for a defined portfolio of Borrowers that includes problem resolution.
• Acts as a liaison between Borrower and Huntington Bank Business Credit personnel when necessary.
• Responsible for analyzing and monitoring client's collateral to ensure the value and the viability of such.
• Calculates the Borrower's available collateral in accordance with department policies and procedures.
• Prepares regular reports to inform management of the overall account status.
• Performs other duties as assigned.

Basic Qualifications

• 3+ years of Asset Based Lending experience
• Associate's Degree or equivalent in Accounting, Finance or other related fields

Preferred Qualifications

• Prior ABL, Commercial Banking experience or Accounting experience

Exempt Status

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

No

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 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.

Compensation Range

$27.40 - $62.50 Hourly

The compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. 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).

Equal Opportunity

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice

Visit Huntington's Career Web Site for more details.