Huntington National Bank
Associate Director - Corporate Mortgage Finance PM
Huntington National Bank, Cincinnati, Ohio, United States, 45208
Overview
Description Associate Director – Corporate Mortgage Finance Group Portfolio Manager responsibilities include underwriting CMF Lending facilities, assisting with legal documentation reviews, and monitoring client performance to ensure compliance with the Policies and Procedures of Huntington’s Corporate Mortgage Finance Group (CMFG). Preferred locations: Chicago, Columbus, Minneapolis, Detroit, Pittsburg, New York and Charlotte. Responsibilities
Underwrite and close increasingly complex direct lend bilateral and/or syndicated asset-backed credit facilities to include mortgage warehouse lines, mortgage servicing assets and other mortgage related asset-backed and SPE collateralized credit facilities. Ensure all relationships and transactions within the assigned portfolio are in strategic alignment with the risk profile and credit policies of the Bank. Spread financial statements, prepare accurate and timely risk ratings, and complete credit request presentations in compliance with CMFG and bank requirements acceptable to CMFG leadership and credit administration. Credit requests may include new deal requests, modification requests, annual reviews, renewals, portfolio reviews and criticized asset reviews. Monitor the performance of assigned CMF Facilities to assess ongoing creditworthiness and anticipate opportunities as well as challenges. Analyze existing portfolio to identify trends and opportunities, including stress testing, forecasting, concentration analysis and macroeconomic evaluations. Provide immediate communication of suspected credit problems or credit deterioration within the assigned portfolio. Develop deep understanding of market dynamics/industry trends through continuing education or other means. Assist the team with portfolio review preparation and, over time, build core knowledge to support increased participation with portfolio review and other presentations made to senior leaders within the Bank. Build strong understanding of the legal structures for each of the respective facility types offered by the group. Effectively utilize Bank reporting, record keeping and underwriting systems/tools to maintain accurate and timely portfolio level detail. Credit Quality: Maintain acceptable levels of credit quality for the assigned portfolio consistent with Bank and CMFG credit policies, procedures, and guidelines as evidenced by satisfactory loan reviews and audits of the portfolio. Relationship Management: Build and maintain strong relationships with clients, internal and external stakeholders to ensure effective communication and collaboration. Reporting and Compliance: Prepare and present portfolio reports highlighting performance, financial metrics, and compliance with internal policies; also prepare ad hoc portfolio reporting as needed. Qualifications
Minimum 2 years of credit experience including underwriting mortgage warehousing lines. 4 or more years’ experience in Corporate Mortgage Finance or bachelor’s degree in business related field. Preferred Experience: Proficient written and verbal communication skills. 5 or more years of Portfolio Management experience ideally within the mortgage finance industry or other specialty finance areas. Formal commercial credit experience, preferably within corporate mortgage finance; proven communication and collaboration skills and excellent organizational skills. Experience with the relevant credit analysis and cash flow assessments, documentation and surveillance for each the respective facility types offered by the group. Growing understanding of the legal structures for each of the respective facility types offered by the group. Strong knowledge of GAAP principles applied to mortgage banking entities. Bachelor's Degree from an accredited institution. #LI-MK1 Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Workplace and Compensation
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. Remote roles may also come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. Compensation Range: $77,000.00 - $154,000.00 Annual Salary. The range represents base compensation; actual compensation may vary based on location, experience, and performance. Eligible for incentive compensation. Huntington provides benefits including health insurance, 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 unsolicited resumes. Unsolicited resumes sent to Huntington colleagues will be considered Huntington property. Recruiting agencies must have a valid Master Service Agreement and Statement of Work for consideration.
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Description Associate Director – Corporate Mortgage Finance Group Portfolio Manager responsibilities include underwriting CMF Lending facilities, assisting with legal documentation reviews, and monitoring client performance to ensure compliance with the Policies and Procedures of Huntington’s Corporate Mortgage Finance Group (CMFG). Preferred locations: Chicago, Columbus, Minneapolis, Detroit, Pittsburg, New York and Charlotte. Responsibilities
Underwrite and close increasingly complex direct lend bilateral and/or syndicated asset-backed credit facilities to include mortgage warehouse lines, mortgage servicing assets and other mortgage related asset-backed and SPE collateralized credit facilities. Ensure all relationships and transactions within the assigned portfolio are in strategic alignment with the risk profile and credit policies of the Bank. Spread financial statements, prepare accurate and timely risk ratings, and complete credit request presentations in compliance with CMFG and bank requirements acceptable to CMFG leadership and credit administration. Credit requests may include new deal requests, modification requests, annual reviews, renewals, portfolio reviews and criticized asset reviews. Monitor the performance of assigned CMF Facilities to assess ongoing creditworthiness and anticipate opportunities as well as challenges. Analyze existing portfolio to identify trends and opportunities, including stress testing, forecasting, concentration analysis and macroeconomic evaluations. Provide immediate communication of suspected credit problems or credit deterioration within the assigned portfolio. Develop deep understanding of market dynamics/industry trends through continuing education or other means. Assist the team with portfolio review preparation and, over time, build core knowledge to support increased participation with portfolio review and other presentations made to senior leaders within the Bank. Build strong understanding of the legal structures for each of the respective facility types offered by the group. Effectively utilize Bank reporting, record keeping and underwriting systems/tools to maintain accurate and timely portfolio level detail. Credit Quality: Maintain acceptable levels of credit quality for the assigned portfolio consistent with Bank and CMFG credit policies, procedures, and guidelines as evidenced by satisfactory loan reviews and audits of the portfolio. Relationship Management: Build and maintain strong relationships with clients, internal and external stakeholders to ensure effective communication and collaboration. Reporting and Compliance: Prepare and present portfolio reports highlighting performance, financial metrics, and compliance with internal policies; also prepare ad hoc portfolio reporting as needed. Qualifications
Minimum 2 years of credit experience including underwriting mortgage warehousing lines. 4 or more years’ experience in Corporate Mortgage Finance or bachelor’s degree in business related field. Preferred Experience: Proficient written and verbal communication skills. 5 or more years of Portfolio Management experience ideally within the mortgage finance industry or other specialty finance areas. Formal commercial credit experience, preferably within corporate mortgage finance; proven communication and collaboration skills and excellent organizational skills. Experience with the relevant credit analysis and cash flow assessments, documentation and surveillance for each the respective facility types offered by the group. Growing understanding of the legal structures for each of the respective facility types offered by the group. Strong knowledge of GAAP principles applied to mortgage banking entities. Bachelor's Degree from an accredited institution. #LI-MK1 Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Workplace and Compensation
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. Remote roles may also come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team. Compensation Range: $77,000.00 - $154,000.00 Annual Salary. The range represents base compensation; actual compensation may vary based on location, experience, and performance. Eligible for incentive compensation. Huntington provides benefits including health insurance, 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 unsolicited resumes. Unsolicited resumes sent to Huntington colleagues will be considered Huntington property. Recruiting agencies must have a valid Master Service Agreement and Statement of Work for consideration.
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