Property Preservation Specialist II at M&T Bank

Getzville, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Mortgage Servicing, Property PreservationIndustries

Requirements

A combined 3 years’ higher education and/or work experience, including a minimum of 1 year Mortgage Default and/or Property preservation experience
Working knowledge of word processing, spreadsheet and email software
Excellent written and verbal communication skills
Detail oriented
Motivated, team player with a positive and friendly attitude
Strong analytical ability and problem solving skills
Very strong work ethic and ability to work independently

Responsibilities

Maintain fees and costs queue in mortgage servicing system by tracking what costs have occurred and what have yet to be applied to customer's accounts. Indicate what charges might occur in the near future
Respond to FHA demands, including BCDE Claims, and all other claims besides principal. Provide additional documentation as requested as well as reimbursement for work already completed
Process utility bill payments for vendors
Manage the refund task process which requires requesting refunds from the vendor. Determine whether to request a refund or to write off a loss in cases where HUD denied an over-allowable request
Liaise with Accounting, Claims and Foreclosure groups
Complete insurance claims for damaged properties and property registrations
Understand municipal regulations and determine if property needs to be registered based on ordinances
Conduct research to determine if applicable ordinances are available for flagged zip codes
Conduct monthly inspections based on vacancy reports provided by vendor
Complete registrations to include completing forms, making payments online, and gathering and submitting various legal and bank documents. Determine in-state agent who can accept service
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 together with any issues raised by external regulators as applicable
Promote an environment that supports belonging and reflects the M&T Bank brand
Complete other related duties as assigned

Skills

mortgage servicing systems

insurance claims processing

property registration

FHA demands

utility bill payments

vendor management

refund processing

municipal regulations research

compliance controls

internal audits

foreclosure process

vacancy inspections

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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