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Consumer Legal Liaison Specialist - 3DIOP in Getzville, NY at M&T Bank

Date Posted: 5/17/2018

Job Snapshot

  • Employee Type:
  • Location:
    Getzville, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

The Opportunity:
Responsible for managing an assigned portfolio of consumer banking, non-performing assets through legal litigation and strategy with outside counsel.
Primary Responsibilities:
The position is responsible for a variety of functions including but not limited to the following:
  • Handles legal recovery strategy on consumer accounts which can include actions for money judgment, foreclosure, bankruptcy, and repossession
  • Independently organizes and maintains legal account portfolio
  • Works with management on complex legal strategies
  • Communicates strategy and next steps with outside legal counsel
  • Responsible for facilitating legal collection on post-judgment accounts
  • Knowledge of  consumer loans
  • Investigate and conduct skip tracing as required by utilizing the numerous resources available.
  • Researches history and viability of accounts through bank systems, skip tracing, document review and internet sources
  • Assesses the prospect of repayment or other payment solutions
  • Presents settlement offers and legal research to management
  • Manages attorney firms including invoice approval and TyMetrix budgeting. Approves and denies invoices based on work rendered and billed. Assesses outside counsel on bank’s expectations and standards.
  • Reviews accounts for settlement options and manages repayment arrangements
  • Mitigates asset loss by employing advanced strategies and risk assessment
  • Keeps abreast of business and market trends that may affect department.
  • Performs other related assignments and projects as requested by management.
Minimum Qualifications:
  • Associate’s Degree or four years relevant work experience
  • Minimum of two years of collections and/or loss mitigation experience
  • One to two years post charge off collections, repossession, remarketing, REO, foreclosure, loss mitigation, default legal or bankruptcy experience
  • Strong ability in Microsoft Office including Outlook, Word, and Excel
  • General knowledge of skip tracing and research
  • Strong written and verbal communication skills
  • Demonstrates ability to provide direction and lead others
  • Motivated team player with a positive and friendly attitude
  • Understanding of local / state laws and regulations governing legal collections
  • Basic understanding of the bank's general operations
  • Problem solving skills and creative thinking very helpful
Ideal Qualifications:
  • Bachelor's Degree
  • Minimum three years' collections experience and two years' post charge off collections, repossession, remarketing, REO, foreclosure, loss mitigation, default legal or bankruptcy
  • Strong knowledge of banking loans helpful
  • Accounting or finance experience helpful
  • Notary Public
  • Paralegal Certification
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.