[Remote] Mortgage Underwriting Quality Control Analyst - Credit Quality at M&T Bank

United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Mortgage, Financial ServicesIndustries

Requirements

Associate’s degree with minimum 4 years’ mortgage processing/underwriting experience, OR in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including a minimum of 4 years’ mortgage processing/underwriting experience
Working knowledge of agency guidelines
Ability to work well with all levels of management
Excellent verbal and written communication skills
Proven customer service skills
Demonstrated ability to work well under pressure

Responsibilities

Complete internal audits and communicate results to loan production offices and management
Maintain current knowledge of both internal and external policy, procedures, and guidelines
Evaluate trend pattern analysis and identify fraud/misrepresentation
Evaluate a selected number of loans on a monthly basis to ensure accuracy, adherence to procedures, and compliance with Bank standards
Perform both pre-funding and post-funding Quality Control reviews, including review of underwriting guidelines and product pages, re-verification of loan file contents, ordering and review of field review appraisals, communication of potential defects, and updating of QC system
Exercise judgment when utilizing escalation process
Conduct special audits as required in response to requests from Audit, Mortgage Management, and/or regulatory agencies
Identify red flags and conduct additional due diligence when applicable
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 and issues raised by external regulators
Promote an environment that supports belonging and reflects the M&T Bank brand
Complete other related duties as assigned

Skills

Key technologies and capabilities for this role

Mortgage UnderwritingQuality ControlAgency GuidelinesLoan AuditingAppraisals ReviewFraud DetectionCompliance ControlsRisk ManagementUnderwriting GuidelinesTrend Analysis

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.

Land your dream remote job 3x faster with AI

Try Jobo Free