Career Search

Business Banking & Consumer Remarketing and Sales - 3DKOC in Getzville, NY at M&T Bank

Date Posted: 9/14/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Getzville, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    9/14/2018
  • Job ID:
    3DKOC

Job Description

Business Banking & Consumer Remarketing and Sales

Customer Asset Management Division

Crosspoint

Getzville, NY

 

FUNCTION:
Evaluates collateral through inventory system and on-site inspections. Makes recommendations for collateral enhancement to maximize return. Utilize industry benchmarks and inspection process to provide recommended sale prices. Represents M&T Bank at auctions of repossessed assets.
POSITION RESPONSIBILITIES:
Consistent inventory review of all auto ims update pertaining to secured collateral and in adherence to pre-sale inspection program.
Complete daily inventory watch. As items clear for sale, preform due diligence in determining anticipated market price. Value decision based on industry benchmarks and overall condition.
On-site inspection prior to sale date to validate condition report findings and collateral assessment. Evaluate market pricing for collateral and assign a floor price. Make adjustments to floor price as necessary.
Reconcile expenses associated with repossession, transport and reconditioning of collateral.
Represent M&T at auction of assets with authorization to sell collateral within $500 of approved pricing.
Post unauctioned collateral online and set the floor within parameters; monitor sale activity and make sale decision.
Assist in process of Business Banking Collections and Workout requests to include inspections, appraisals, repossessions, and monitoring of auctions.
Maintain policy and procedures to remain compliant within business unit.
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 diversity and reflects the M&T Bank brand.
Complete other related duties as assigned.
NATURE AND SCOPE:
Position interacts with vendors or business bankers.
This position also has repair authority up to $500.00.
MANAGERIAL/SUPERVISORY RESPONSIBILITY:
Not Applicable.
MINIMUM QUALIFICATIONS REQUIRED:
A combined 4 years’ higher education and/or work experience, with a minimum of 2 years’ experience in collections.
Proficient with computers and internet usage including word processing, spreadsheet and email software.
Detail oriented.
Strong verbal and written communication skills.
IDEAL QUALIFICATIONS PREFERRED:
Bachelor’s degree.
Knowledge of M&T Bank systems.

 

We encourage candidates with relevant military experience to apply.

About M&T

At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.

 
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.