Fifth Third Bank
Default & Special Servicing Coord II
Fifth Third Bank, Cincinnati, Ohio, United States, 45208
Overview
Default & Special Servicing Coord II role at Fifth Third Bank. General Function Working under moderate to close supervision, verifies work completed on incoming invoices from various vendors and has invoices processed for payment. Monitors Mortgage and Consumer billing inboxes and gains approval for any fee request over Investor or Bank allowable limits. Reviews and processes incoming checks or wires through the Default Lockbox. Monitors funds within Default unapplied buckets and reviews Charge Off Reports. Processes Charge Offs if appropriate. Specialist must follow Investor, departmental and legal guidelines and is required to utilize multiple systems. Responsibilities may include handling confidential or restricted information requiring the individual to maintain confidentiality. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Essential Duties And Responsibilities
Reviews incoming invoices from multiple vendors for different lines of business to insure that billed items were accurately assessed. Processes incoming invoices by approving for payment or denying payment. Sends over-allowable fee requests to investors for approval if billed over the investor's allowable limit. Reviews and processes all incoming checks and wires through Default Lockbox. Identifies and sends incoming physical checks to appropriate locations for processing. Monitors and processes funds in assigned unapplied buckets. Posts funds to Default accounts as needed. Creates and maintains reports as needed and distributes them to management or third party vendors when required. Performs other duties as assigned. Minimum Knowledge, Skills And Abilities Required
High school diploma or equivalent. Minimum three years general office, accounts receivable/payable, or the equivalent education/experience. Default Servicing experience a plus. Strong oral and written communication skills. Strong attention to detail and organizational skills. Solid mathematical skills. Good knowledge of PCs, Microsoft Office Products including Outlook, Excel, Word and internet functions. Systems experience with New Invoice or Vendorscape a plus. Annual Compliance and Regulatory Certifications as required by Fifth Third Bank. Professional maturity and ability to work in a team environment while maintaining confidentiality. Working Conditions
Normal office environment with little exposure to dust, extreme temperatures. Noise level is moderate. Extended viewing of CRT screen. Repetitive keystroke movements. Overtime as required Compensation, Benefits and Location
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. LOCATION -- Cincinnati, Ohio 45227 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee. Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Seniority level
Entry level Employment type
Full-time Job function
Other Referrals increase your chances of interviewing at Fifth Third Bank by 2x Get notified about new Collections Specialist jobs in Cincinnati, OH.
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Default & Special Servicing Coord II role at Fifth Third Bank. General Function Working under moderate to close supervision, verifies work completed on incoming invoices from various vendors and has invoices processed for payment. Monitors Mortgage and Consumer billing inboxes and gains approval for any fee request over Investor or Bank allowable limits. Reviews and processes incoming checks or wires through the Default Lockbox. Monitors funds within Default unapplied buckets and reviews Charge Off Reports. Processes Charge Offs if appropriate. Specialist must follow Investor, departmental and legal guidelines and is required to utilize multiple systems. Responsibilities may include handling confidential or restricted information requiring the individual to maintain confidentiality. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Essential Duties And Responsibilities
Reviews incoming invoices from multiple vendors for different lines of business to insure that billed items were accurately assessed. Processes incoming invoices by approving for payment or denying payment. Sends over-allowable fee requests to investors for approval if billed over the investor's allowable limit. Reviews and processes all incoming checks and wires through Default Lockbox. Identifies and sends incoming physical checks to appropriate locations for processing. Monitors and processes funds in assigned unapplied buckets. Posts funds to Default accounts as needed. Creates and maintains reports as needed and distributes them to management or third party vendors when required. Performs other duties as assigned. Minimum Knowledge, Skills And Abilities Required
High school diploma or equivalent. Minimum three years general office, accounts receivable/payable, or the equivalent education/experience. Default Servicing experience a plus. Strong oral and written communication skills. Strong attention to detail and organizational skills. Solid mathematical skills. Good knowledge of PCs, Microsoft Office Products including Outlook, Excel, Word and internet functions. Systems experience with New Invoice or Vendorscape a plus. Annual Compliance and Regulatory Certifications as required by Fifth Third Bank. Professional maturity and ability to work in a team environment while maintaining confidentiality. Working Conditions
Normal office environment with little exposure to dust, extreme temperatures. Noise level is moderate. Extended viewing of CRT screen. Repetitive keystroke movements. Overtime as required Compensation, Benefits and Location
The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. LOCATION -- Cincinnati, Ohio 45227 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee. Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Seniority level
Entry level Employment type
Full-time Job function
Other Referrals increase your chances of interviewing at Fifth Third Bank by 2x Get notified about new Collections Specialist jobs in Cincinnati, OH.
#J-18808-Ljbffr