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Rehabilitation Draw Administrator III - 3DHDD in Ballston Lake, NY at M&T Bank

Date Posted: 3/5/2018

Job Snapshot

Job Description

Basic Function
Ensures new rehabilitation projects are completed within industry turn times. Performs a variety of duties, both clerical and technical.

Essential Position Responsibilities
Works with various internal departments (Closing, Accounting) and external customers (Consultants, Title Companies, Appraisers, Borrowers) to prepare the file for draw administration processing
Review draw release documents to ensure investor compliance (HUD, FNMA, SONYMA)
Request inspections and title updates
Knowledge of investor and product guidelines
Analyze and approve contractor and rehabilitation project change orders
Analyze and approve release of rehabilitation escrow funds.
Monitor rehabilitation project process to ensure completion within allotted time frames
Processing and review of aged “problem” files and resolution. Communication with Risk Management and M&T Legal Counsel regarding possible options and solution.

Nature and Scope
Work closely with Internal Customers and External Customers to ensure project completion within allotted time frames.

Minimum Qualifications
High School Diploma or GED.
Two years of Draw Administration experience required.
Good PC skills with knowledge of Excel and Word.
Ability to make sound decisions based on information provided
Versatility and flexibility working within an ever changing fast paced mortgage environment.
Adapting to new policies and procedures to improve processes and workflow.
Ability to function independently within time constraints.
Excellent verbal and written communication skills.
Highly organized with the ability to multitask.
Strong attention to detail.
Prioritization of daily workload.
Ability to work in a team environment.
Strong work ethic, reliable and dependable.
Ideal Qualifications 
Associates Degree preferred.

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.