Asset Preservation Coordinator II-Onsite

Fifth Third Bancorp
Cincinnati
Workplace: OnsiteFull timeFunction: Executive & General ManagementEducation: high_schoolSkills: ["Risk awareness","Problem-solving","Organization","Communication"]

Monitor property preservation vendors for delinquent mortgage loans, ensuring inspections, securing actions, and claim-related payments follow investor/insurer guidelines. Maintain an accurate system of record for default-cycle work and investor reporting, including invoice validation and approval of over-allowable estimates. Coordinate with escrow, hazard claim vendors, and relevant local parties on code violations and insurable damages to protect collateral and reduce non-recoverable penalties.

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Fifth Third Bancorp
Fifth Third Bancorp
4 hours ago

Asset Preservation Coordinator II-Onsite

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Source: Company careers pageValidated by: Fursa AI
Last checked: 4 hours agoStatus: Live

Job Summary

Monitor property preservation vendors for delinquent mortgage loans, ensuring inspections, securing actions, and claim-related payments follow investor/insurer guidelines. Maintain an accurate system of record for default-cycle work and investor reporting, including invoice validation and approval of over-allowable estimates. Coordinate with escrow, hazard claim vendors, and relevant local parties on code violations and insurable damages to protect collateral and reduce non-recoverable penalties.
Location: Cincinnati
Workplace: Onsite
Employment Type: Full time
Job Function: Executive & General Management
Seniority: Mid level

Key Responsibilities

  • •Review the property preservation queue daily for tasks based on maintenance needed at vacant properties.
  • •Monitor first-time vacancy letters, ordering securing of properties, and sending change of risk letters to hazard insurers.
  • •Work with escrow on force placed insurance for cancelled policies and maintain tracking reports.
  • •Review over-allowable estimates and obtain investor/insurer approval for repairs.
  • •Review invoices and coordinate code-violation and hazard-claim follow-ups to ensure collateral is protected.

Key Requirements

  • •High school diploma.
  • •3 years of servicing experience (mortgage).
  • •Ability to research and recognize problems.
  • •Strong organization and communication skills.
  • •PC experience including advanced Excel, Word, and Access.
Experience:Mortgage servicing
Education:High School
Skills:Risk awarenessProblem-solvingOrganizationCommunication
Tech Stack:ExcelWordAccessPC

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
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