Fifth Third Bank

Default & Special Servicing Supervisor

Fifth Third Bank  •  United States (Onsite)  •  4 hours ago
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Job Description

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GENERAL FUNCTION:

First level of supervision in Default and Special Servicing unit of Consumer Collections. Works under close supervision of Default & Special Servicing Manager. Promotes outstanding customer service, facilitates workflow, monitors productivity, and ensures staff compliance with Bancorp policies and procedures. The supervisor will ensure that their employees, equipment, and materials are used properly to maximize productivity and ensure that production standards are met and maintained. Responsible for prioritizing work and delegating tasks to ensure proper coverage of all functions. Oversee and assist in resolving escalated operational and customer service issues and/or employee problems. Staff managed is non exempt. Requires a general to advanced level of knowledge about default practices and regulations.

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 & RESPONSIBILITIES:

(SEE ACTUAL JOB DESCRIPTION FOR ALL DUTIES AND RESPONSBILITIES)

  • Coordinate and supervise day-to-day workflow in a Default and Special Servicing unit responsible for one or more of the following functions: Foreclosure, Bankruptcy, Claims, Real Estate Owned (REO), Property Preservation, Charge off, FHA Claims, Default Attorney Referral, Valuations, Collections Support, Affidavit production, Vendor Relationship Management, Litigation oversight.
  • Responsible for prioritizing work and delegating tasks to ensure proper coverage of all functions in area of responsibility.
  • Responsible for monitoring individual and team productivity and quality, and providing feedback to management.
  • Provides daily management, coaching and feedback to staff through account reviews, monitors and side-by-sides (60%).
  • Promotes teamwork and ensures the cross training of employees. Communicates to higher management the constructive suggestions of employees, while at the same time communicating to employees the policies, practices, objectives and progress of the Bank (20%).
  • Identifies and implements work efficiencies through process improvement techniques (15%).
  • Coordinates the training of new hires. Manages the up-training of staff, ensuring staff has a full understanding of departmental and Bank procedures as well as individual job responsibilities, goals and performance standards (5%).
  • Demonstrates mastery of all area equipment and related non-exempt responsibilities. Performs all work in accordance with established health and safety procedures.
  • Coordinates administration of tracking for attendance, vacation, time card reporting, compliance training and other initiatives for their Special Services Team.
  • Has responsibility to administer business continuity plans in the event of disaster or related event.
  • Identify individual and group training needs and work with management team to develop the best approach for improvement. Develop individual plans for improvement.
  • Monitor attendance of subordinates and ensure accuracy of hours worked prior to submitting payroll information.
  • Oversee of specific departmental projects as assigned.
  • Participate in internal or external departmental rotations for development purposes.

SUPERVISORY RESPONSIBILITIES:

Responsible for providing employees timely, candid and constructive performance feedback; developing all employees to their fullest potential and provide challenging opportunities that enhance employee career growth;developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • College degree or equivalent experience.
  • Minimum 2 years combined team lead or supervisory experience.
  • Minimum 3 years collections default or related experience.
  • Leadership skills, initiative, a detail orientation, strong analytical skills, and decisive decision-making skills.
  • Ability to multi-task and be flexible.
  • Demonstrated ability to work in a team environment.
  • Excellent verbal and written communication skills.
  • Ability to work in a team environment, presenting a professional image and commanding the respect of staff, peers, and senior management.
  • Strong problem solving, project management and organizational skills.
  • Intermediate to advanced experience with Microsoft products, such as Word, Excel, PowerPoint, and Outlook.

Default & Special Servicing Supervisor

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

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. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

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.

Fifth Third Bank

About Fifth Third Bank

At Fifth Third Bank, everything we do is rooted in our purpose: to improve the lives of our customers and the well-being of our communities. Since our founding in 1858, we’ve been committed to creating a better financial experience by empowering our customers and clients to achieve what matters most.

Our unified strength is grounded in the individual passion and diversity of more than 20,000 employees who work collaboratively to deliver a better tomorrow to everyone we serve. We offer a strong culture, opportunities for growth 401k match, wellness options, comprehensive insurance plans and additional resources you need to build a lasting and rewarding career path here.

Headquartered in Cincinnati, Ohio, we are among the largest money managers in the Midwest.

We operate four main businesses—Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management—and a network of financial centers in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. Consumers also have access to approximately 54,000 Fifth Third fee-free ATMs across the United States.

Fifth Third Bancorp is a diversified financial services company and is the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution.

Explore Fifth Third career opportunities at: https://www.53.com/content/fifth-third/en/careers.html

Fifth Third Bank, N.A., Member FDIC. Fifth Third Bank is proud to be an affirmative action/equal opportunity employer. M/F/D/V

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Cincinnati, Ohio
Year Founded
Unknown
Website
53.com
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