Loan Servicing Specialist

Loan Servicing SpecialistMake 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.The Loan Servicing Specialist works with homeowners, Escrow Agents, Relators and others to ensure responsibility and assumption of loans given by Dividend Finance for solar installations that are tied to residential property. This role will be responsible for tracking, identifying and modifying distressed accounts, as well as assisting with the compliant resolution process.All employees are 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.AssumptionDevelops new systems for reporting exchange, as growth continues will need to develop FTP (file transfer protocol) process for data transfer as requested by vendorInitiates outbound contact for properties listed for sale to ensure for payoff of loan or monitor loan assumption to buyerDrafts waivers and other documents determined by the Legal team for files where loan panels have been moved to another addressRoutinely corresponds with third party real estate agents, escrow agents, mortgage lenders, current Dividend Finance customers and Buyers interested in purchasing homes with solar panels financed through Dividend FinanceCoordinates partial payment delivery and receipt of 30% ITC payments prior to transferring loan, or requests sales and appraisal information if sellers are requesting ITC waiverManually drafts contingent assumption agreement (new homeowner loan contract) using account statement from loan servicing department with high attention to detail to reflect correct figures and dates for when payment switches from seller to buyerModificationReview open accounts for modification purposesMake outbound efforts in a professional manner while maintaining customer relationsWork with vendors to coordinate modification processingIdentify issues with account delinquency and drafting loan modification terms within company compliance and credit facility guidelinesProactively work with borrowers and provide timely follow-up on payment arrangementsCompile data and reports as needed to provide weekly activity and status reportingStrong ability to analyze data in order to effectively identify and manage stressed accountsOther duties as assignedSupervisory Responsibilities: NoneMinimum Knowledge & Skills Required:High school diploma or GED equivalent2-3 years of relevant experience in a loan servicing and/or telecommunications environmentExperience with real estate transactionsAbility to work independently and to adapt to a fast-changing environmentSelf-disciplined and capable of identifying and completing critical tasksProficiency in Microsoft Suite including Excel, Word, and PowerPointExperience with SalesforceCustomer Service experienceStrong written and verbal communication skillsAbility to multitask while retaining high attention to detailMust be able to reason, exercise sound judgment, show initiative and solve problemsLoan Servicing Specialist Total Base Pay Range 44,300.00 - 73,000.00 USD AnnualAt 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.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: and by consulting with your talent acquisition partner.Location -- San Diego, California 92130