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Description

Summary:

The ABL Underwriter lll analyzes, assesses, and documents the critical components of a credit decision. This role conducts industry and company research, prepares accurate and timely credit approval documentation, and participates in credit approval presentations. The ABL Underwriter III proactively evaluates credit decisions and opportunities to mitigate associated business risks relying on established Huntington policies, procedures and legal and regulatory requirements. In addition, this position owns primary responsibility for underwriting quality and works closely with BDO Team Leaders, Business Development Officers, Portfolio Manager, Field Examiners, HBC Management and Regional Credit Officers.

Duties and Responsibilities:

+ Utilizes Huntington National Bank’s (HNB) financial spreading software to analyze year end and interim financial statements.

+ Utilizes the Bank's risk rating model for new prospects (Credit Lens)

+ Prepares credit approval document for new prospects.

+ Assesses the primary risks of the credit extension and the nature of the mitigating factors.

+ Accurately and appropriately analyzes financial statements, calculates cash flow coverage, leverage, and other relevant financial ratios; discusses deal-specific cash flow modifications and determines for reasonableness.

+ Presents underwriting document incorporating financial, business, industry and risk analysis in a concise effective manner.

+ Works on the most complex deals.

+ Assists Portfolio Management as necessary

+ Performs other duties as assigned

Basic Qualifications:

+ Bachelor's degree in finance, accounting, related discipline, or equivalent education and/or related work experience.

+ Minimum 10 years’ experience in ABL Underwriting or Portfolio Management.

Preferred Qualifications:

+ Sharp analytical and decision-making skills.

+ Strong organizational, verbal and written communication skills.

+ Minimum of 2+ years Field Exam experience

+ Proficiency with Microsoft Office products (Word, Excel).

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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.