Banking Services Operations Associate III - Commercial Lien Perfection at M&T Bank

Burlington, Vermont, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Associate’s degree, or in lieu of a degree, a combined minimum of 2 years’ work experience
Minimum of 2 years’ relevant work experience (preferred)

Responsibilities

Obtain key documents needed to perfect the Bank's interest in the collateral, including real estate, assets covered under the Uniform Commercial Code (UCC), vehicles, investment accounts, deposits, aircrafts, ships, patents, trademarks, etc
Review loan documents and collateral-related documents to ensure specific jurisdictional requirements are met
Calculate filing fee amounts as applicable
Complete pre-filing data entry
Place holds on accounts or work with internal departments to place holds as applicable or send key documents to jurisdictions for recording
Update recording information in appropriate tracking systems or follow-up with the jurisdiction if the document has not been recorded
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management
Promote an environment that supports belonging and reflects the M&T Bank brand
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
Complete other related duties as assigned

Skills

UCC filings

lien perfection

collateral management

loan documents

Uniform Commercial Code

vehicle titles

filing fees

jurisdictional requirements

risk management

regulatory compliance

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters

1993Year Founded

IPOCompany Stage

Financial ServicesIndustries

10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.

Integration challenges from the United Bank merger may disrupt operations.

Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.

The bank offers a wide range of traditional and digital banking services.

Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.

Decreased prime rate may attract more borrowers, increasing loan volume.

Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

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