Default & Special Servicing Coord II

Fifth Third Banking Specialist

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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 being 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.
• Perform other duties as assigned.

Minimum Knowledge, Skills and Abilities Required :

Working Conditions :

Location Cincinnati, Ohio 45227

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.