Managing Director

Description

Summary:

Lender Finance originates both recourse and non-recourse transactions for commercial and consumer specialty finance companies. This line of business focuses on driving growth in revenue and assets for the bank, leading newly structured transactions as well as participating in other banks’ transactions.

The Managing Director, Transaction Management – Lender Finance is responsible for managing the team of Transaction Managers, working with internal partners to manage the underwriting of new transactions as well as changes to existing transactions. This role will contribute to helping the Lender Finance team balance supporting the Commercial Bank’s growth while ensuring a scalable, well-managed business.

Duties and Responsibilities:

• Manage the Transaction Management team; work with the Head of Lender Finance to allocate transactions to colleagues on the team. 
• Lead and execute Transaction Manager responsibilities including customer relationship management, negotiations support, underwriting new opportunities, and managing documentation as well as due diligence for existing transactions
• Conduct research using numerous resources available, distilling key themes and conclusions into concise summary form for presentation purposes.
• Work with the Head of Portfolio Management to ensure risk reviews/ratings are completed on a timely basis.
• Act as the internal conduit with Credit Officers and Credit Review.
• Manage any reporting (regulatory or otherwise) requests asked of the Lender Finance line of business.
• Perform other duties as assigned.

Basic Qualifications:

• Bachelor’s degree in finance, accounting, economics or related field
• 10+ years’ experience in commercial banking with direct asset-backed finance underwriting experience
• Strong credit knowledge and financial modeling skills
• Previous management experience

Preferred Qualifications:

• Strong written and verbal communication skills
• MBA preferred.
• Motivated with desire and ability to excel in a team and individual work environment

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

Yes

Workplace Type:

Remote

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:

$190,000 - $255,000 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 and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

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

Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position