[Remote] Mortgage Processor II at M&T Bank

United States

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Not SpecifiedCompensation

N/AExperience Level

N/AJob Type

Not SpecifiedVisa

N/AIndustries

Requirements

Associate’s degree with a minimum of one year’s mortgage industry experience or two years equivalent work experience
OR in lieu of a degree, three years’ equivalent work experience including a minimum of one year’s mortgage industry experience
OR Six months specific M&T Bank mortgage processing experience plus an additional 6-12 months experience in customer service, operations, or the financial services industry
Good PC skills with strong knowledge of spreadsheet, word processing, email, and PDF software

Responsibilities

Maintain effective and professional communication with all necessary parties involved in a new loan application
Work with various internal departments as well as external organizations to obtain processing related documentation
Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines
Monitor and update credit reports, appraisals, income documentation, and all verifications
Work closely with underwriting to quickly resolve any issues or concerns
Preparing and mailing commitment letters, title and homeowner’s insurance review, mailing loan suspend notices, updating loan conditions, providing the closing attorney with additional documentation, and all appropriate processing checklists
Ensures adherence to all regulatory requirements and guidelines
Understand and adhere to the Company’s risk and regulatory standards, policies and controls
Identify risk-related issues needing escalation to management
Work closely with both Internal and External Customers
Complete other related duties as assigned

Skills

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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