Litigation Portfolio analyst

Fifth Third Bank - Cincinnati, OH

Full-time - Mid Level

Cincinnati, OH

Credit Intermediation and Related Activities

About the position

The Litigation Portfolio Analyst at Fifth Third Bank is responsible for managing complex law-related issues in the context of Default-related litigation. This role involves extensive research, customer service, and collaboration with various stakeholders to resolve litigation matters while protecting the interests of the bank and its clients. The position requires frequent court appearances and a deep understanding of mortgage and consumer loan servicing, as well as legal documentation.

Responsibilities

• Monitor and work assigned caseload of Default-related contested foreclosures and litigation matters.
• Manage litigation workflow, input and status updates by corresponding with outside law firms and in-house legal.
• Provide support to in-house and outside counsel to review, research, and assist with resolution of litigation matters and attorney inquiries.
• Ensure foreclosure delays are minimized and interests of all parties are protected.
• Acquire and maintain knowledge of all Originations, Loan Servicing, and Default Servicing areas, policies, and procedures.
• Travel and appear in court as a corporate representative in mediations, settlement conferences, hearings, trials, and other required matters.
• Attend mediations and monitor accounts through the mediation process to ensure appropriate documentation is received from the customer/borrower.
• Minimize exposure and risk by identifying and reporting root causes of operational issues to management.
• Coordinate efforts with Bank Protection on fraudulent and potentially fraudulent accounts.
• Identify cases with significant financial, operational, or reputational exposure and escalate as appropriate.
• Make recommendations to settle disputes and negotiate settlements with bank-appointed attorneys.
• Sign case-related documents, including complaints and discovery responses, affidavits, and settlement agreements.
• Apply knowledge of investor guidelines regarding contested/litigated cases to reduce claim loss.
• Work with representatives from various departments on developing/modifying policies and procedures.
• Perform all necessary legal research for area of responsibility.
• Act as liaison between the Legal Entry/Subpoena Department and other areas of the bank.
• Identify accounts that should not be reported to credit bureaus while under dispute and communicate that information to the appropriate area.
• Coordinate monthly reporting with management and In-House Legal to review progress on litigated cases.

Requirements

• Bachelor's degree or equivalent experience.
• Minimum of 3 years experience in Default Mortgage Loan Servicing, Consumer Loan/Lease Servicing.
• 2 years of related experience as a paralegal, legal analyst, or similar responsibility.
• Thorough knowledge of Foreclosure and Bankruptcy Law, Consumer Loan/Lease, and Mortgage processes.
• Strong organizational skills with the ability to multi-task.
• Strong communication and interpersonal skills.
• Strong attention to detail, mathematical and analytical skills.
• Strong problem-solving and conflict management skills.
• Ability to build and maintain strong working relationships with internal and external partners.
• Ability to work independently and in varying work environments.