About this role
Overview Senior Processor with exceptional analytical ability to assess conventional, portfolio and government loan requests based on product, underwriting, and investor guidelines.
Primary Responsibilities
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• Review and analyze condo, co-op and pud project documentation against current investor guidelines, ie: Agency, Govt, Portfolio. Documentation such as but not limited to: • Questionnaires • Project declarations/bylaws • HOA Budgets/Financial Statements/Reserve Studies • Engineer reports • Open Litigations • Project master insurance policies
• Document findings and provide clear loan-level decisions. • Provide restructure recommendations when project does not meet specific loan program guidelines. • Work with Risk Management (Mortgage Exception Review) to discuss risk with projects that fall into the non-warrantable category to determine whether any exception can be made. • Work with all departments through post-closing to ensure all necessary information is included and accurately represented for loan delivery. • Maintain knowledge of evolving investor requirements. • Maintain effective communication with all necessary parties involved in a new loan application, • Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines. • Ensure adherence to all regulatory requirements and guidelines. • Work closely with both Internal and External Customers such as grant providers, co-workers, borrowers, Loan Officers, municipalities, contractors, architects, HUD consultants, etc. • Identify risk-related issues needing escalation to management. • Promote an environment that supports belonging and reflects the M&T Bank brand. • Complete other related duties as assigned.
Education and Experience Required
• Associates Degree or 4 years equivalent work experience. • 4+ years prior mortgage processing or underwriting experience. • Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe. • Proficient with all Retail Requirements, including all state specifics • Ability to make sound decisions based on information provided. • Knowledge of Product, Investor and Compliance Requirements. • Versatility and flexibility working within an ever changing fast paced mortgage environment. • Adapting to new policies and procedures to improve processes and workflow. • Ability to function independently within time constraints. • Excellent verbal and written communication skills. • Highly organized with the ability to multitask. • Strong attention to detail. • Prioritization of daily workload. • Ability to work in a team environment. • Strong work ethic, reliable and dependable.
Education and Experience Preferred
• • Trained to clear certain conditions as allowed in M&T Policies and Procedures.
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 Ballston Lake, New York, United States of America