Invoice & Default Operations Specialist

Fifth Third Bank, N.A.; Cincinnati (OH); On-site; USD 55,000 - 70,000; Full time

Job summary

Fifth Third Bank, National Association in Cincinnati, OH, seeks a Detail-Oriented Default Specialist III to verify invoices, approve payments, and monitor lockbox activities. You will gain approvals for fee requests, post funds, and create management reports while adhering to investor, departmental, and legal guidelines.

The role requires strong communication, accuracy, and confidentiality with a focus on risk management and consistent customer and colleague experience.

Qualifications

• High school diploma or equivalent.
• Minimum two years general office, accounts receivable/payable, or the equivalent education/experience.
• Excellent oral and written communication skills.
• Strong attention to detail.
• Solid mathematical skills.
• Good knowledge of PCs and Microsoft Office products including Outlook, Excel, Word and internet functions.
• System experience with New Invoice or Vendorscape a plus.
• Annual Compliance and Regulatory Certifications as required by Fifth Third Bank.
• Professional maturity and ability to work in a team environment while maintaining confidentiality.

Responsibilities

• Reviews incoming Invoices from multiple vendors for different lines of business to insure that billed items were accurately assessed.
• Decisions and processes incoming invoices by approving for payment or denying payment.
• Gains approval for any fee request over Investor or Bank allowable limits.
• Posts funds to Default accounts as needed.
• Creates and maintains reports as needed and distributes them to management or third party vendors when required.
• Performs other duties as assigned.

Skills

Excellent oral and written comms

Strong attention to detail

Solid mathematical skills

Professional maturity and teamwork

Microsoft Office proficiency

Education

High school diploma or equivalent

Tools

New Invoice system

Vendorscape

Job description

Fifth Third Bank, National Association in Cincinnati, OH, seeks a Detail-Oriented Default Specialist III to verify invoices, approve payments, and monitor lockbox activities. You will gain approvals for fee requests, post funds, and create management reports while adhering to investor, departmental, and legal guidelines.

The role requires strong communication, accuracy, and confidentiality with a focus on risk management and consistent customer and colleague experience.