Career Search

Foreclosure Specialist III - Legal Administration - 3DHUB in Getzville, NY at M&T Bank

Date Posted: 4/3/2018

Job Snapshot

Job Description

The Opportunity:
Responsible for managing assigned tasks and reports regarding loans in foreclosure, including research, quality control review and compiling data for management
Primary Responsibilities:
The position is responsible for support in a variety of functions with the Foreclosure Area, including but not limited to, the following:
  • Generate various quality control and exception reports and distribute to management, associates, and other departments, as applicable.
  • Research and resolve loan level exceptions to ensure quality control and report results to management, investors, and other business partners.
  • Gather documents and formulate responses to external or internal requests or audits
  • Ensure adherence to state and federal laws, as well as investor guidelines
  • Work with outside attorneys, investor contacts and management to minimize losses and legal risk for the bank.
  • Work with Foreclosure team to ensure FHA 1st legal deadlines are met once the loan is referred to foreclosure, including filing and tracking of any necessary extension requests.
  • Ensure compliance with federal, state, regulatory and investor guidelines regarding foreclosure.
  • 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.
Minimum Qualifications Required:
  • Associate’s degree or in lieu of degree, two years relevant work experience
  • Minimum of three years mortgage foreclosure, mortgage default, foreclosure industry or mortgage servicing experience
  • Working knowledge of Microsoft Office (Excel, Work, Access, Powerpoint)
  • Demonstrated analytical ability and problem solving skills
  • Strong written and verbal communication skills
  • Detail oriented
  • Proven ability to work effectively in a team environment
  • Motivated, team player with a positive and friendly attitude
Ideal Qualifications Preferred:
  • 3 years’ Default Servicing related field experience (e.g., Collections, REO, Loss Mitigation).
  • Proven leadership ability.
  • Working knowledge of departmental software including Black Knight/MSP and Process Management
  • Understanding of mortgage product including home equity loans and lines of credit, general operation and systemic functions including payment allocation and escrow
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.