Mortgage Operations Manager II at M&T Bank

Williamsville, New York, United States

M&T Bank Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial Services, MortgageIndustries

Requirements

  • Bachelor's Degree, OR in lieu of degree, four to five years relevant experience
  • Minimum four years operations experience
  • Minimum four years supervisory/management experience
  • Master's Degree preferred

Responsibilities

  • Manage a Mortgage/Consumer Lending department or a major unit of a large department, overseeing a staff of 15+ employees including supervisors and operations managers to ensure operational efficiency and targeted results
  • Provide operational, technical, and functional expertise in work policies and procedures
  • Responsible for planning, leadership, problem resolution, analysis, and reporting for assigned department
  • Plan and implement new methods and procedures to improve daily operations efficiency; implement recommendations for department policy changes and create new unit policies and procedures; consult and communicate with operations staff
  • Contribute to strategic planning and short-term initiatives; responsible for department contingency planning and regulatory compliance
  • Provide lead on multiple projects at the department or division level; may represent the department on outside projects
  • Support annual budget process and be financially accountable for department/unit
  • Exercise authority on staffing, performance appraisals, promotions, salary recommendations, and terminations; oversee training and development of direct reports
  • Provide day-to-day and strategic direction of the department, requiring knowledge of business, applicable regulations, and affiliated technology

Skills

Mortgage Operations
Consumer Lending
Operations Management
Regulatory Compliance
Staff Management
Strategic Planning
Budget Management
Policy Development
Project Leadership
Performance Appraisals
Training and Development

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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