Default Specialist III

Fifth Third Bancorp
Cincinnati
Workplace: OnsiteFull timeFunction: Finance & AccountingExperience: 2+ yearsEducation: high_schoolSkills: ["Attention to detail","Communication","Confidentiality","Teamwork","Mathematical skills"]

Verify and process incoming vendor invoices for payment, including approving or denying payments based on allowable fee limits. Monitor mortgage and consumer billing inboxes, handle check and wire processing through the Default Lockbox, and review unapplied funds buckets and charge-off reports. Create and maintain required reports for management or vendors while following investor, departmental, and legal guidelines and maintaining confidentiality and risk accountability.

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Fifth Third Bancorp
Fifth Third Bancorp
1 day ago

Default Specialist III

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 11 hours agoStatus: Live

Job Summary

Verify and process incoming vendor invoices for payment, including approving or denying payments based on allowable fee limits. Monitor mortgage and consumer billing inboxes, handle check and wire processing through the Default Lockbox, and review unapplied funds buckets and charge-off reports. Create and maintain required reports for management or vendors while following investor, departmental, and legal guidelines and maintaining confidentiality and risk accountability.
Location: Cincinnati
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Review incoming invoices from multiple vendors to ensure billed items are accurately assessed.
  • •Approve invoices for payment or deny payment based on policy.
  • •Gain approval for fee requests that exceed investor or bank allowable limits.
  • •Post funds to Default accounts as needed and monitor unapplied funds buckets.
  • •Review charge-off reports and process charge-offs when appropriate.

Key Requirements

  • •High school diploma or equivalent.
  • •Minimum two years of general office experience or accounts receivable/payable (or equivalent education/experience).
  • •Excellent oral and written communication skills.
  • •Strong attention to detail and solid mathematical skills.
  • •Knowledge of PC use and Microsoft Office tools including Outlook, Excel, and Word (systems experience with New Invoice or Vendorscape is a plus).
Experience:2+ years
Education:High School
Skills:Attention to detailCommunicationConfidentialityTeamworkMathematical skills
Certifications:Annual Compliance and Regulatory Certifications
Tech Stack:Microsoft OfficeOutlookExcelWordInternet functionsNew InvoiceVendorscapeCRT screenDefault Lockbox

Company Brief

Fifth Third Bancorp
Fifth Third Bancorp is a diversified bank holding company offering consumer, commercial, and wealth management services. Through its banking subsidiaries, it provides deposits, lending, treasury management, payments, and investment solutions across the Midwest and Southeast.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Cincinnati, United States
Founded: 1858
Glassdoor
Glassdoor: 3.7
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