M&T Bank

Mortgage Customer Outreach Specialist II

United States

M&T Bank Logo
$38,500 – $64,449Compensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

Candidates should possess a combined 3 years’ higher education and/or work experience, with a minimum of 1 year of collections or customer service experience, and the ability to communicate effectively and professionally over the phone. Proficiency with word processing and spreadsheet software is required, along with experience and skill with negotiation.

Responsibilities

The Mortgage Customer Outreach Specialist II will initiate contact with consumers in early to late stages of default on their mortgage loans, collect past due payments while maintaining compliance with all applicable laws and regulations, analyze financial statements and loan opening documents to assess recovery likelihood, perform skip tracing, handle inbound calls from internal departments and consumers, identify suspect situations and investigate exposure, analyze account files to assess foreclosure appropriateness, assist in the training of new hires, adhere to compliance/operational risk controls, and maintain M&T internal control standards. They will also complete other related duties as assigned and promote an environment that supports belonging and reflects the M&T Bank brand.

Skills

Customer Service
Communication
Negotiation
Financial Analysis
Skip Tracing
Compliance
Microsoft Word
Microsoft Excel

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.

Key Metrics

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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