Retail Mortgage Junior Processor at M&T Bank

San Francisco, California, United States

M&T Bank Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, MortgageIndustries

Requirements

  • High school diploma or equivalent
  • Two to five years of general experience (specialized mortgage experience preferred but not required)
  • Ability to operate a keypad device 60% of the day and electronic equipment 20% of the day
  • Manual dexterity skills for typing and filing up to 60% of the business day
  • Ability to focus visually at a close distance of 18”-20” for up to 40% of the business day

Responsibilities

  • Review residential mortgage applications upon intake and accurately prepare file for processing
  • Complete checklists to ensure all steps are completed for each task
  • Assemble a loan file by uploading applicable documents, printing a copy of the work loan application and file checklist for the shadow file
  • Complete dates in the processing tracking screen
  • Order various third-party verifications as requested by the processor
  • Perform calls externally to vendors and employers for written and verbal verifications of employment
  • Complete general ledger entries for initial fees
  • Issue refunds as necessary via the electronic invoicing application
  • Maintain and enhance good working relationships with S&T Bank employees, work independently and as a team player
  • Perform additional duties as required, including administrative assistance to support the Retail Mortgage Processing Department

Skills

Mortgage Processing
Loan File Setup
Document Upload
Employment Verification
Third-Party Verifications
General Ledger Entries
Electronic Invoicing
Vendor Calls

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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