Director, Portfolio Management
3 weeks ago
Huntington's Director, Portfolio ManagementSummary: Huntington's Director, Portfolio Management will manage a book of business in the bank's Financial Institutions (FIG) vertical within Huntington's Corporate Specialty and Government Banking group. The Director, Portfolio Management services and, in conjunction with Relationship Management, deepens an assigned portfolio of clients by proactively identifying and evaluating opportunities and mitigating associated business risks, in accordance with Huntington policies, procedures, and guiding principles. Preferred locations are Pittsburgh, PA; Charlotte, NC; Columbus / Cincinnati / Cleveland / Akron, Ohio; Chicago, Illinois.Duties and Responsibilities:Underwrite and close broadly syndicated, complex commercial loansUnderstanding of Financial Institutions InsuranceProvide credit recommendations to the appropriate level of credit administrationReview loan documentation in consultation with legal counselManage risk on an ongoing basis by monitoring customer credit worthiness, adherence to loan terms and general business conditionsManage annual reviews and renewals, portfolio reviews, collateral exceptions, borrowing bases, delinquencies and other reportingAs appropriate, assist in optimizing customer relationships working with Relationship Managers, Treasury Management, Capital Markets and other team membersBasic Qualifications:Bachelor's degree required7 or more years of Financial Institution portfolio management experiencePreferred Qualifications:Insurance experience in Property Causality and Life is highly preferred10 years of diversified banking experience including portfolio management experience and positions of increasing responsibility, with 5 years of expertise in the FIG space. Leverage lending expertise a plus.Industry knowledge and established networks within the FIG sector highly preferredCompletion of formalized credit training programDemonstrated success structuring complex credits; researching, judging and presenting information verbally and in writing; creating documentation to support the credit and minimize riskProven ability to manage workflow and deadlines, while effectively balancing competing prioritiesDemonstrated leadership experience by providing coaching, skill development and feedback to team membersProven negotiation skillsProficiency using Microsoft Word and Excel and other software applications that are supportive of the loan underwriting processStrong written and verbal communication skillsHigh degree of professionalismExempt Status: Yes = not eligible for overtime payWorkplace Type: OfficeCertain 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: $93,000.00- $189,000.00 Annual SalaryThe 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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