Fifth Third Bank · 2 weeks ago
Mortgage Bankruptcy Specialist II
Cincinnati, OH
Full-time
Onsite
Entry, Mid Level
2+ years expFifth Third Bank is committed to providing great opportunities in banking. The Mortgage Bankruptcy Specialist II will manage bankruptcy accounts, conduct legal research, and ensure compliance with investor guidelines while maintaining a positive customer experience.
BankingCommercial LendingFinanceFinancial ExchangesFinancial ServicesLendingMedia and EntertainmentMortgage
Responsibilities
Centralized caseload of Chapter 7/12/13 bankruptcy accounts, demonstrating functional knowledge of each chapter providing for flexibility of movement within the department
Evaluates account and filing characteristics against legal precedents in order to identify/alleviate potential losses either monetary, or timeline in nature
Creates a Proof of Claim, which ensures the accuracy and recoverability of 5/3 or investor assets
Monitors of the U.S. Bankruptcy Court System PACER for case updates that impact the bank or investors assets included in the bankruptcy
Applies payments received directly from borrowers and from trustee conduits towards appropriate balances as outlined in the bankruptcy case and in accordance with investor/insurer guidelines
Performs extensive research on lost, misapplied or misappropriated payments
Leverages of a wide range of legal and bankruptcy knowledge, to augment the legal support services provided by internal/external counsel
Resolves complex issues involving payment disputes, escrow discrepancies/changes, ARM changes, inaccurate mortgage assignments
Identifies and mediates any potential loan origination/documentation issues that could expose the bank or investors/insurers to financial losses
Audits accounts for errors or inaccuracies and correct/update accounts while documenting account accordingly
Effectively communicates critical information directly to bank customers, opposing counsel and supporting counsel by conveying that information clearly, accurately, honestly and concisely in accordance with bank, department and investor policies and procedures
Adheres to Investor Servicing Requirements in regards to proper coding of accounts; notification of property conditions, and monthly delinquency reporting to reduce fines by investors for non-compliance driving positive investor/insurer reportable metrics
Develops areas of expertise and company knowledge to improve customer service that will meet department, bank and investor objectives
Efficiently manages a task-based workload task management and attorney follow-up that improves the financial performance of the bankruptcy portfolio and reduces credit losses to the bank and investors
Initiates the relief process to prevent the continued depreciation of 5/3 and investor/insurer, in accordance with investor/insurer guidelines
Maintains records, reports and files
Qualification
Required
Four-year college degree or equivalent work experience
2-3 years banking operations or bankruptcy legal experience
Demonstrates a functional knowledge of federal bankruptcy law, as well as specific state and local jurisdiction bankruptcy requirements
Functional knowledge of mortgage servicing restrictions and guidelines
Functional knowledge and mastery of bankruptcy terminology
Functional knowledge of RESPA/Investor/Insurer/CFPB/FCRA guidelines and regulations
Experience with Microsoft office products, such as Access, Word, Excel, PowerPoint and Outlook
Excellent verbal and written communication skills
Working knowledge of Federal bankruptcy code and laws
Strong analytical skills and decisive decision-making skills
Able to work in a team environment
Ability to interact at a professional level with customers and attorneys
Benefits
Comprehensive benefits
Differentiated compensation offerings
Extensive benefits programs
Company
Fifth Third Bank
Fifth Third Bancorp is a financial services company that specializes in small business, retail banking, and investments. It is a sub-organization of Fifth Third Bank.
10001+ employees
H1B Sponsorship
Fifth Third Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2021 (2)
2020 (43)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
B
Bryan Preston
Chief Financial Officer
Maria Holmes
VP, Senior Manager Corporate Sponsorship
Recent News
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2026-01-24
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2026-01-23
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