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Consumer Loan Workout Specialist - 3DL6A in Getzville, NY at M&T Bank

Date Posted: 10/3/2018

Job Snapshot

Job Description

Consumer Loan Workout Specialist

Customer Asset Management

Crosspoint

Getzville, NY

 

FUNCTION:
Evaluate moderately complex applications for the extension of credit in the context of loan workout in a timely manner, ensuring a quality credit portfolio. Responsible for meeting and maintaining registration requirements under the Federal SAFE Act.
POSITION RESPONSIBILITIES:
Decision newly originated or modified consumer loans arising out of the loan workout context, following a matrix and referring exceptions to senior CAM management.
Countersign loan within authority while providing daily guidance and training to less experienced team members.
Communicate loan decisions to customers on a daily basis.
Understand and apply regulatory compliance issues relative to loan origination and/or modification, including, but not limited to Reg. B, HMDA, Adverse Action, Fair Lending and Fraud.
Responsible for meeting and maintaining registration requirements under the Federal SAFE Act.
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:
Works under general supervision.
Exercises lending authority up to $150,000.
Assists in the development and training of junior team members.
MANAGERIAL/SUPERVISORY RESPONSIBILITY:
Not Applicable.
MINIMUM QUALIFICATIONS REQUIRED:
A combined minimum of 4 years' higher education and/or work experience including a minimum of 2 years’ consumer credit experience.
Strong verbal and written communication skills.
Knowledge of consumer credit products.
Thorough knowledge of credit bureau reporting concepts.
Thorough knowledge of documentation to ensure proper security of collateral.
Analytical and math skills.

IDEAL QUALIFICATIONS PREFERRED:
Bachelor’s degree.
PHYSICAL REQUIREMENTS:

 

 

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.