Manager of Asset Recovery

Position Title: Manager of Asset Recovery

Business Unit: Retail Lending

Reports to: Manager of Retail Loan Adjustments

Position Overview:

This position is primarily responsible for management and coordination of all recovery efforts within the lending environment including disposition of repossessed collateral, - foreclosed properties including consumer, small business /commercial and internal recovery efforts. Additionally, this position oversees the management of the various recovery vendors utilized by the retail loan adjustments group. The incumbent also manages the clerical staff within retail loan adjustments.

Primary Responsibilities:

Manages the disposition of OREO assets within the Retail Lending unit while maximizing the return on those assigned properties.

Manages the repossession efforts and disposition of repossessed assets to minimize expense while maximizing returns at auctions.

Manages the various collection agencies utilized by the Bank while maintaining controls over the expenses for those agencies. Monitors all recovery efforts to ensure that the bank is not being put at risk. Maintains all vendor management requirements for those vendors.

Manages the internal recovery efforts and builds out the recovery team of loan adjustors to maximize recovery dollars.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

Associates

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

5

Skills Required to Perform the Primary Responsibilities of this Position:

Excellent communication skills, both written and verbal

Excellent customer service skills

Excellent management skills

Excellent organizational, analytical and interpersonal skills

Detail-oriented

BA or BS preferred

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A

Equal Employment Opportunity (EEO):

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.