Property Preservation Team MemberThis 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
