Fifth Third Bancorp

Team Lead, Commercial Loan Servicing

Fifth Third Bancorp$75K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma required; bachelor's degree preferred.
  • 5+ years of commercial loan servicing or related experience.
  • 2+ years of leadership experience.
  • Strong knowledge of commercial loan servicing processes and systems.
  • Effective communication and problem-solving skills.

Responsibilities

  • Lead and develop a team of Commercial Loan Servicing Advisors.
  • Establish performance expectations aligned to departmental goals and SLAs.
  • Oversee daily servicing activities such as payment processing and account maintenance.
  • Ensure timely resolution of borrower inquiries and discrepancies.
  • Identify process improvement opportunities to enhance efficiency.
  • Monitor data integrity and documentation accuracy.
  • Serve as an escalation point for complex borrower issues.

Benefits

  • Comprehensive benefits programs for physical, financial, emotional, and social well-being.
  • Opportunity to participate in an incentive compensation plan based on performance.
  • Recognition of employee contributions to customer and community improvement.
Full Job Description
GENERAL FUNCTION

The Team Lead, Commercial Loan Servicing leads and manages a team of Commercial Loan Servicing Advisors responsible for post-closing servicing, loan maintenance, and borrower support across the Commercial portfolio. This role ensures the accurate and timely execution of loan servicing activities, adherence to service level agreements (SLAs), and delivery of a high-quality customer experience.

The Manager is accountable for team performance, operational excellence, and risk management, while fostering a culture of collaboration and employee development. This role partners closely with Credit, Sales, Loan Operations, and other internal stakeholders to support end-to-end lifecycle servicing of commercial loans.

ESSENTIAL DUTIES & RESPONSIBILITIES

Team Leadership & Talent Management
  • 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.

Loan Servicing Operations Oversight
  • 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.
  • Ensure accurate execution of servicing activities and system updates.

Operational Excellence & Process Management
  • 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.
  • Oversee data integrity and documentation accuracy across systems.
  • Support departmental initiatives and operational projects.

Risk Management & Compliance
  • 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.

Stakeholder & Customer Engagement
  • Serve as an escalation point for complex borrower issues.
  • Partner with internal teams to ensure seamless loan servicing.
  • Drive a high-quality customer experience.


SUPERVISORY RESPONSIBILITIES

Manage a team of Commercial Loan Servicing Advisors, provide performance feedback, support development, and ensure appropriate staffing.

MINIMUM QUALIFICATIONS

High school diploma required; Bachelor's degree preferred. 5+ years of commercial loan servicing or related experience. 2+ years of leadership experience. Strong knowledge of commercial loan servicing processes and systems.

REQUIRED SKILLS

Leadership and coaching; loan servicing expertise; operational management; risk awareness; strong communication; problem solving and decision-making.

SKILLS FOR SUCCESS

Strong analytical skills, attention to detail, adaptability, and commitment to delivering high-quality outcomes.

DOING THE RIGHT THING

Employees are expected to act with integrity, accountability, and adherence to all policies and procedures while delivering excellent service to customers and colleagues.
Team Lead, Commercial Loan Servicing

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. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment 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 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 -- Dallas, Texas 75201

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.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

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