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GENERAL FUNCTION: Works on a team providing analytical support to the collections or mortgage servicing teams. Validate facts contained in affidavits are accurate and complies with laws to insure documents are properly executed, witnessed and notarized with all supporting documentation verified. Coordinate, centralize and manage current inventory of and ongoing support of the litigation affidavit/document process on all portfolios.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all @types.
ESSENTIAL DUTIES & RESPONSIBILITIES:
With minimal supervision, applies procedures to coordinate the proper execution and notarization of affidavits. Assumes a leadership role in the identification and analysis of regulatory, legal and financial risk within the affidavit process.
Responsible for attesting to the completion of all affidavits and loan document preparation and verification, including notarization coordination, completion and review.
Collects and reviews all required collateral and financial information pertaining to information detailed within the affidavit for accuracy. Follow established checklists and processes to verify facts, figures and legal language contained within affidavits.
Confirm and attest to affidavits supplied in the litigation actions by referencing system information, original loan documents, imaged documents, servicing databases, letters and other records to be able to affirm that affidavits were sign as based on personal knowledge of the facts contained in the document.
Perform due diligence and reconciliation techniques to validate documentation vs. system information to ensure bank appointed counsel have prepared documents accurately.
Accurately prepare and verify judgment figures and reconcile escrow and fees to minimize financial loss.
Attend hearings and represent 5/3 Bank when subpoenaed or otherwise required to testify on behalf of 5/3 Bank.
Assist in cataloguing and imaging documents for retention.
Perform risk-based audits of each team members completed work for errors before submission to counsel to mitigate financial exposure.
Actively participate in development and maintenance of litigation controls through identification of risk trends, awareness of procedure changes, and industry/regulatory knowledge and experience.
Maintain knowledge of Fifth Third Bank's policies and procedures, and as applicable, private investors and government investors.
Utilize Allregs to keep current with statutory changes and required legal changes in documents, practices, guidelines.
Complete industry, state and compliance learning.
Create Notary procedures.
Maintain Notary log as required by law.
Insure quality of document and provide guidance to counsel when needed on documents.
Provide recommendations to management to improve process and tools used in this role.
Provide assistance to foreclosure team in monitoring accounts and attorneys as needed.
Complete required annual regulatory required training and compliance courses.
Special projects duties as assigned.
SUPERVISOR RESPONSIBILITIES: None.
MIMIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Bachelor's degree or equivalent experience.
Must have or be willing to obtain Notary Public Certification for the state of employment and be able to comply with all pertinent laws.
Strong organization skills and attention to detail with the ability to prioritize.
Strong written and verbal communication skills required; ability to interact with internal and external customers, attorneys, paralegals, etc.
Minimum 2 years collections or mortgage servicing related experience, specifically foreclosure, bankruptcy and loss mitigation.
Prior PC experience to include advanced Excel, Word and Access, Loan Serve, DokTrack, ACE and other applications used in Default Servicing.
Ability to work with little to moderate supervision.
LI-EG1
Affidavit Analyst
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. 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: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Grand Rapids, Michigan 49546
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.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
