CAM Legal Liaison III at M&T Bank

Getzville, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

A combined total of 5 years’ higher education and/or work experience, including a minimum of 3 years’ relevant banking experience
Experience with word processing, spreadsheet and presentation software
Detail oriented
Strong verbal and written communication skills
(Preferred) Bachelor’s degree
(Preferred) Experience in Collections or Loss Mitigation
(Preferred) Experience in Retail or Commercial Loan Processing
(Preferred) Knowledge of M&T Bank systems

Responsibilities

Manage more complex accounts with respect to Commercial Litigation, Foreclosure/REO, Settlement and Collateral sales
Collaborate with Workout Relationship Manager and counsel to establish effective legal strategy while maximizing cost containment opportunities
Initiate direct contact with business partners and vendors to ensure services provided are meeting predetermined service level agreements
Negotiate sale and settlement agreements
Participate in loss prevention by employing advanced strategies that provide adequate protection for M&T with respect to its interest in the collateral securing the loan
Work with Property Preservation vendors to secure collateral (e.g., change locks, winterize properties, etc.)
Review collateral condition and establish asset value, monitor appraisal dates/values, tax status, environmentals and provide updated equity analysis; make recommendations for continued action
Negotiate sales with prospective buyers and conclude sales transaction with limited oversight
Coordinate and negotiate sales with prospective buyers and Work Out Officers, and conclude sales transactions with limited oversight
Maintain an understanding of, and apply diligence required to, protect Small Business Association guaranty
Review and approve attorney SmartSpend fees; track expenses at the customer level
Responsible for weekly and monthly reporting, as well as ad hoc requests
Develop a thorough understanding of the business and its functions, processes and operations
Keep abreast of business and market trends that may affect business and department
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
Draft/document procedures

Skills

Commercial Litigation

Foreclosure

REO

Debt Negotiation

Repossession

Property Preservation

Equity Analysis

Bankruptcy Processing

Settlement Agreements

Collateral Management

Loss Prevention

SBA Guaranty

Attorney Fee Review

Vendor Management

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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