About this role
Overview: This position is an integral role within M&T’s Property Preservation team that will execute day to day functions including managing a conveyance portfolio, identifying curtailment losses and monitoring for reimbursement when applicable, reviewing and responding to code violations and participating in weekly conference calls with vendor(s).
Primary Responsibilities:
• Sign off on documents and approve loss sheets as a result of the late submission of reports. • Complete curtailment billings that are submitted to vendor. • Review and approve hazard claim repairs, and investor allowables. • Participate in weekly conference calls with vendors. • Oversee the Property Preservation mailbox ensuring that all correspondence is responded to timely. • Refer all files to Real Estate Owned (REO) that cannot be conveyed to the Department of Housing and Urban Development (HUD). • Approve code violation bids. • Complete projects related to nonperforming loan sale, due diligence bids for HUD and overdue tasks. • Manage a conveyance portfolio, ensuring that deadlines are being met by working closely with the vendor, obtaining status updates and reducing monetary losses. • Manage the reconveyance portfolio ensuring that timely responses are provided to HUD and determine responsibility of the reconveyance including placing the property back into conveyance condition timely. • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies. • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. • Promote an environment that supports belonging and reflects the M&T Bank brand. • Complete other related duties as assigned.
Scope of Responsibilities: This position interacts with internal CAM departments, external third-party property preservation vendors and HUD.
Education and Experience Required: A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Mortgage Default and/or Property preservation experience.
Working knowledge of word processing, spreadsheet and email software. Excellent written and verbal communication skills. Detail oriented. Motivated, team player with a positive and friendly attitude. Strong analytical ability and problem solving skills. Very strong work ethic and ability to work independently.
Education and Experience Preferred: Bachelor’s degree. Knowledge of departmental software and M&T Bank systems. 5 years’ Mortgage Default and/or property preservation experience. Prior departmental experience preferred.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $22.61 - $37.67 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Location Getzville, New York, United States of America