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Mortgage Banking Counsel – Servicing Operations in Buffalo, NY at M&T Bank

Date Posted: 11/11/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Buffalo, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/11/2018
  • Job ID:
    3DKJA

Job Description

M&T Bank
Mortgage Banking Attorney – Servicing Operations
Buffalo, NY (preferred)  or Wilmington DE (alternate location)

The successful candidate will be located in Buffalo, New York working with the servicing departments that support the performing (Banking Services) and non-performing (Customer Asset Management – CAM) servicing portfolios of M&T Bank (M&T).  More specifically, the successful candidate will:  

Partner with members of the Legal Department supporting M&T and the Mortgage Division and reporting to the Associate General Counsel responsible for overseeing support for the Mortgage Division and servicing operations.  In addition, the successful candidate will partner with the responsible business line managers and staff responsible for servicing activities 

Support the performing residential mortgage servicing operations and the default residential servicing operations of the Customer Asset Management department 

Support the servicing operations with respect to performing and non-performing first lien residential mortgage servicing.  Such advice will include, but is not limited to, compliance with applicable state and federal laws and regulations such as the Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), Fair Debt Collection Practices Act (FDCPA), Equal Credit Opportunity Act (EEOA), Servicemembers Civil Relief Act (SCRA), Fair Credit Reporting Act (FCRA), Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA) and Fair Housing Act (FHA)

Have a working knowledge of Fannie Mae, Freddie Mac and Ginnie Mae regulations and guidelines 

Provide legal advice to the servicing departments with respect to operations, compliance programs and business line policies and procedures, including required customer facing agreements, documents and disclosures 

Identify, evaluate and escalate legal and regulatory risks affecting the Mortgage Division relating to servicing practices

Partner with M&T’s Litigation Department in addressing and responding to legal actions filed against the servicing operations

Work with and oversee outside counsel retained to provide assistance to the servicing operations 

Partner with M&T’s compliance, risk and audit groups on servicing matters

Keep colleagues, manager, senior management and other personnel up to date on pertinent legal and regulatory developments, including legal risks

Minimum Qualifications

J.D. degree required.  Licensed to practice law in New York (or ability to obtain in-house counsel license in New York)

Minimum of four  years as a practicing attorney

Ability to handle multiple tasks, take on new responsibilities and prioritize work in a deadline-intensive environment; experience in leading and facilitating change

Ability to understand and integrate details of business/operational/systemic environment in applying legal and policy requirements

Experience in mortgage and consumer finance laws

Strong desire to support the identification, evaluation and escalation of legal risk issues

Strong communication skills to deal with internal and external constituencies, including the senior business leaders; outside counsel; regulatory officials;  risk, compliance and audit counterparts at the organization; counterparts at other companies; and industry representatives

Exceptional written and verbal communications skills; ability to communicate and relate at all levels of the organization

Strong interpersonal and teamwork skills and ability to influence through collaboration 

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.