Collateral Analyst Sr

Huntington Commercial Bank; Minnetonka (MN); On-site; USD 37,000 - 87,000; Full time

Benefits offered by this job

Health insurance

Wellness program

Life and disability insurance

Retirement savings plan

Paid leave and holidays

Job summary

Huntington Bank in Minnesota is seeking a Collateral Analyst Sr to manage complex borrower relationships and perform detailed collateral monitoring. You will interface with the credit team and ensure collateral value aligns with policy while supporting ongoing risk management.

The role is based at Huntington corporate offices and includes comprehensive benefits. Previous ABL or banking experience is preferred, and overtime is not expected for this exempt position.

Qualifications

• 3+ years of Asset Based Lending experience.
• Associate’s Degree or equivalent in Accounting, Finance or related fields.
• Prior ABL, Commercial Banking or Accounting experience.

Responsibilities

• Provides excellent customer service for a defined portfolio of Borrowers including problem resolution.
• Acts as a liaison between Borrower and Huntington Bank Business Credit personnel when necessary.
• Analyzes and monitors client collateral to ensure value and viability.
• Calculates Borrower’s available collateral per department policies.
• Prepares regular reports to inform management of account status.
• Performs other duties as assigned.

Skills

Asset Based Lending

Customer service

Problem resolution

Education

Associate’s Degree in Accounting or 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

#CML

Exempt Status

Yes = not eligible for overtime pay

No = eligible for overtime pay

Workplace Type

Office

Our Approach to Office Workplace Type

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).

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.