Career Search

Commercial Workout Legal Liaison - 3DGRQ in Getzville, NY at M&T Bank

Date Posted: 1/26/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Getzville, NY
  • Job Type:
    Legal
  • Experience:
    Not Specified
  • Date Posted:
    1/26/2018

Job Description

The Opportunity:
Responsible for supporting a variety of functions in the Business Banking  and Commercial  Workout group including, but not limited to, handling accounts in the legal process, specializing in negotiation of debt, repossession, foreclosure or bankruptcy processing.  Key contact for Counsel and CAM Workout Staff.

Primary Responsibilities:
Handles most complex accounts with respect to Commercial Litigation, Foreclosure/REO, Settlement and  Collateral sales.
Collaborates with Workout RM and Counsel to establish effective legal strategy while maximizing cost containment opportunities. 
Initiates direct contact with business partners and vendors to ensure services provided are meeting predetermined SLA's. 
Possesses enhanced authority to negotiate sale and settlement agreements.
Participates in loss prevention by employing advanced strategies that provide adequate protection for the Bank with respect to its interest in the collateral securing the loan. 
Reviews collateral condition and establish asset value, monitor appraisal dates/values, tax status  and provide updated equity analysis. 
Negotiates sale with prospective buyers and conclude sales transaction with limited oversight. 
Maintains an understanding of and applies diligence required to protect SBA guaranty.
Develops a thorough understanding of the business and its functions, processes and operations. 
Keeps abreast of business and market trends that may affect business and department. 
Perform other related assignments / projects as requested by management. 
The incumbent works under very limited supervision and has regular internal contact with other departments and externally with customers and service providers

Minimum Qualifications Required:
Associate’s degree or in lieu of degree two years’ relevant work experience. 
Minimum two year’s collections experience.
Minimum two years’ commercial collections experience or legal document experience. 
Good PC skills including Microsoft Excel and Word. 
Good understanding of collections servicing systems. 
Good understanding of asset valuation software and websites. 
In depth understanding of the bank’s general operations and systemic functionality. 
Strong analytical abilities and problem solving. 
Functional expert in the specific area of specialization (recovery, repossession, foreclosure, bankruptcy, or REO process). 
Excellent written and verbal communication skills. 
Excellent knowledge of state and federal regulations and bank policies. 
Very strong work ethic and ability to work independently. 
Demonstrated ability to provide direction and lead others. 
Motivated, team player with a positive and friendly attitude.
 
Ideal Qualifications Preferred:
Bachelor's degree preferred. 
Minimum three years’ collections experience and loss mitigation experience.  
Prior departmental experience. 
One year real estate sales or automotive repair experience. 
Bilingual

 
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.