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Fifth Third Bank, N.A.
Loan Resolution Specialist II(Collections)
Career Insights for Credit / Loan Counselor
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Based on Ohio data
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What they do
A Credit or Loan Counselor advises and educates individuals or organizations on acquiring and managing debt or qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions. May help develop debt management or credit issue plans. Can provide budget, mortgage or bankruptcy counseling.
$45,104 / year median in Ohio
-14% projected decline
Job Description
Cincinnati, OH Full time R65165 Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION
The Loan Resolution Specialists work hand-in-hand across multiple departments including legal, compliance, operations, customer support and servicing. Providing the highest quality customer service while working with our customers to identify and remedy any issues that may arise. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensuring that actions and behaviors drive a positive customer experience. Operating within the Bank's risk appetite, you will achieve results while consistently identifying, assessing, managing, monitoring, and reporting risks of all types.ESSENTIAL DUTIES & RESPONSIBILITIES
Communicates with early stage delinquent customers via outbound collection calls/emails/texts to resolve delinquency and reduce losses; recommends appropriate payment programs where applicable to assist customers experiencing a financial hardshipPromptly handles inbound customer calls/emails/texts directly or transferred from third-party sub-servicer related to delinquency, hardship, complaints, system shut-off, or loan assumptionsCommunicates as necessary to third-party servicer account changes or required adjustmentsConfers with existing customers by telephone and/or email in an attempt to resolve escalated complaint issues not related to product/contractor performancePerforms skip tracing activities as needed to locate and contact delinquent customersDocument all customer interactions/account activities with concise and detailed account notesAdhere to all Dividend policies and procedures, including State and Federal collection regulationsOther projects and duties as assignedSUPERVISORY RESPONSIBILITIES
NoneMINIMUM KNOWLEDGE & SKILLS REQUIRED
High School diploma or equivalent1-2 years of Collections and Customer Service ExperienceStrong organizational skills and attention to detailExcellent written and verbal communication skillsHigh-level proficiency in Microsoft SuiteAbility to multitask, prioritize projects, and report to several managersA high level of enthusiasm, collegial attitude, and a willingness to perform a wide range of tasksAbility to work independently as well as collaborativelyDesire to work in an entrepreneurial but highly professional cultureExperience with Salesforce preferredBilingual- Spanish preferred Loan Resolution Specialist II(Collections) 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.
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.