[Remote] Mortgage Processor II at M&T Bank

United States

M&T Bank Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • Associate’s degree
  • 1 year of mortgage industry experience
  • 2 years equivalent work experience
  • 6 months M&T Bank mortgage processing experience
  • 6-12 months experience in customer service, operations, or financial services industry
  • Good PC skills
  • Strong knowledge of spreadsheet, word processing, email, and PDF software
  • Ability to make sound decisions based on information provided
  • Knowledge of Product, Investor and Compliance Requirements
  • Versatility and flexibility in a fast-paced environment
  • Ability to function independently within time constraints
  • Excellent verbal and written communication skills
  • Highly organized with ability to multitask
  • Strong attention to detail
  • Prioritization of daily workload
  • Ability to work in a team environment
  • Strong work ethic, reliable, and dependable

Responsibilities

  • Maintain effective communication with all parties involved in a new loan application
  • Work with internal and external departments to obtain processing documentation
  • Notify parties of irregularities relative to standard mortgage guidelines
  • Monitor and update credit reports, appraisals, income documentation, and verifications
  • Work closely with underwriting to resolve issues or concerns
  • Perform administrative duties supporting the origination department
  • Ensure adherence to regulatory requirements and guidelines
  • Identify risk-related issues needing escalation to management
  • Promote an environment that supports belonging and reflects the M&T Bank brand
  • Complete other related duties as assigned

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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