Jobs · Manufacturing · Illinois

Team Lead, Commercial Loan Client Service Advisors

Fifth Third Bank · Chicago, IL · 2 wk ago
ManufacturingFull-time

About the role

The Team Lead, Commercial Loan Servicing at Fifth Third Bank is responsible for leading and managing a team of Commercial Loan Servicing Advisors. This role ensures the accurate and timely execution of loan servicing activities, adheres to service level agreements (SLAs), and delivers a high-quality customer experience.

Responsibilities

  • Directly manage, coach, and develop a team of Commercial Loan Servicing Advisors.
  • Establish clear performance expectations aligned to departmental goals and SLAs.
  • Build a strong talent pipeline through training, mentorship, and succession planning.
  • Foster a collaborative team environment focused on accountability and growth.
  • Oversee daily servicing activities including payment processing, advances, paydowns, payoff processing, and account maintenance.
  • Ensure effective resolution of borrower inquiries and discrepancies.
  • Monitor post-closing documentation collection and ensure timely clearing of exceptions.
  • Achieve accurate execution of servicing activities and system updates.
  • Ensure adherence to procedures, controls, and service level expectations.
  • Identify process improvement opportunities, streamline workflows, and enhance system utilization to improve efficiency and reduce errors.
  • Support data integrity and documentation accuracy across systems.
  • Support departmental initiatives and operational projects.
  • Ensure compliance with internal policies, regulatory requirements, and audit standards.
  • Identify and escalate risks while ensuring appropriate controls are in place.
  • Promote a strong risk culture.
  • Serve as an escalation point for complex borrower issues.
  • Partner with internal teams to ensure seamless loan servicing.
  • Drive a high-quality customer experience.
  • Manage a team of Commercial Loan Servicing Advisors, provide performance feedback, support development, and ensure appropriate staffing.

Requirements

  • High school diploma required; Bachelor’s degree preferred.
  • 5+ years of middle market commercial/corporate banking loan servicing experience.
  • 2+ years of leadership experience.
  • Strong knowledge of commercial loan servicing processes and systems.

Qualifications

  • Leadership and coaching skills.
  • Loan servicing expertise.
  • Operational management skills.
  • Risk awareness.
  • Strong communication skills.
  • Problem-solving and decision-making abilities.

Skills for Success

  • Strong analytical skills.
  • Attention to detail.
  • Adaptability.
  • Commitment to delivering high-quality outcomes.

Benefits

Total Base Pay Range: $71,100.00 - $145,900.00 USD per year.

Annual incentives are based upon company, line of business, and/or individual performance.

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 these programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html.

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