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Asset Valuation CoordinatorFifth Third Bank - Cincinnati, OHAsset Valuation Coordinator Requisition #: 2008-67734 Employment Type: Regular Full/Part Time: Full Time FLSA Status: Non-Exempt Division: Consumer Location: Madisonville Office Building, Cincinnati, OH Posted Date: 05/02/2008 Menu Career Opportunities Requirements GENERAL FUNCTION: The primary responsibility of this position is monitoring the timely ordering and receipt of values on delinquent loans. Ordering is done through 3 national outside vendors. These values are ordered to ensure adherence to FFIEC regulatory guidelines that state all delinquent bank assets are required to have an updated valuation prior to reaching 150 days past due. This allows for the timely completion of required non-accrual reporting ($30mil in interest reversal activity monthly) and charge down processing ($20mil...originally from Fifth Third Bank - More Tools...
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