Default Specialist I

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

Process incoming invoices from multiple vendors, approve or deny payments, and route fee requests that exceed allowable limits for consumer lending and mortgage billing. Monitor Default lockbox items and Default unapplied buckets, review charge-off reports, and post funds as needed. Maintain and distribute reports to management or third parties while following investor, departmental, and legal guidelines and using multiple internal systems to handle potentially confidential information.

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Fifth Third Bancorp
Fifth Third Bancorp
3 days ago

Default Specialist I

✓ Verified Job

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

Source: Company careers pageValidated by: Fursa AI
Last checked: 5 hours agoStatus: Live
Reposted: similar role first listed 1 month ago

Job Summary

Process incoming invoices from multiple vendors, approve or deny payments, and route fee requests that exceed allowable limits for consumer lending and mortgage billing. Monitor Default lockbox items and Default unapplied buckets, review charge-off reports, and post funds as needed. Maintain and distribute reports to management or third parties while following investor, departmental, and legal guidelines and using multiple internal systems to handle potentially confidential information.
Location: Cincinnati
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Review incoming invoices from multiple vendors and verify billed items were accurately assessed.
  • •Approve invoices for payment or deny payment based on established guidelines.
  • •Obtain approval for fee requests that exceed investor or bank allowable limits.
  • •Post funds to Default accounts as needed and process incoming checks or wires through the Default lockbox.
  • •Create and maintain reports and distribute them to management or third-party vendors when required.

Key Requirements

  • •High school diploma or equivalent.
  • •Minimum two years of general office experience or accounts receivable/payable experience (or equivalent).
  • •Excellent oral and written communication skills.
  • •Strong attention to detail and solid mathematical skills.
  • •Good knowledge of PC and Microsoft Office (Outlook, Excel, Word, internet functions), with Ice LoanSphere/Director systems experience a plus.
Experience:2+ years
Education:High School
Skills:CommunicationAttention to detailMathematical skillsTeamworkConfidentiality
Tech Stack:Microsoft OfficeOutlookExcelWordInternet functionsIce LoanSphereDirector

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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