Garnishment & Legal Compliance Specialist

Fifth Third Bank; United States; On-site; USD 60,000 - 75,000; Full time

Job summary

Fifth Third Bank in Farmington Hills, MI seeks a Garnishment Specialist to interpret garnishment language, determine scope and deadlines, and ensure proper service of orders with accuracy and speed. You will review complex legal documents, coordinate with multiple lines of business, protect confidential information, and process notices and payments in a timely, compliant manner.

This role requires meticulous attention to detail, strong communication, and the ability to balance multiple

Qualifications

• High school diploma or equivalent.
• Four years related experience, preferably in Legal, Operations, or Retail banking.
• Paralegal Certificate or two years of Legal Processing experience preferred
• Strong verbal and written communication skills
• Excellent and demonstrated attention to detail
• Ability to function in a fast paced environment
• Commitment to teamwork and ability to balance multiple priorities
• Must demonstrate strong analytical and logical reasoning skills for problem solving
• Ability to independently research, recognize and solve problems
• Strong customer service orientation with ability to manage multiple projects simultaneously
• Basic PC skills and knowledge of Excel, Word and Access are required
• Must be able to work under sensitive time constraints
• Self-motivation and initiative are critical
• Demonstrated ownership and follow-through of issues
• Knowledge of ACE, Agile, Vector4, RAFT, Mobius, and Document Direct are preferred
• Proficient in data entry

Responsibilities

• Interprets garnishment language to determine the scope, jurisdiction, applicability and timeframe of the garnishment.
• Ensures proper service of garnishment orders to mitigate potential monetary loss to the bank.
• Performs comprehensive review of legal documents valued between $50k and/or over $1mm, ensuring all orders are handled and recorded.
• Must demonstrate sound judgment and apply logical thought processes to maintain productivity.
• Works with Retail, Commercial and Brokerage Operations to review depository account setup.
• Identifies opportunities to increase efficiencies and decrease turnaround time.
• Maintains and adheres to state timelines and confidentiality of information.
• Initiates and removes account holds, and prepares bank checks for mailing to courts and agencies.
• Notifies customers of actions by mail and fax in a timely manner.
• Ensures collection of processing fees from garnishees and reviews outstanding debts

Skills

Communication

Attention to detail

Analytical reasoning

Multitasking

Researching

Data entry

Teamwork

Customer service

Education

High school diploma

Paralegal certificate

Legal processing experience

Tools

ACE

Agile

Vector4

RAFT

Mobius

Document Direct

Job description

Fifth Third Bank in Farmington Hills, MI seeks a Garnishment Specialist to interpret garnishment language, determine scope and deadlines, and ensure proper service of orders with accuracy and speed. You will review complex legal documents, coordinate with multiple lines of business, protect confidential information, and process notices and payments in a timely, compliant manner.

This role requires meticulous attention to detail, strong communication, and the ability to balance multiple