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Repossession Coordinator I - 3DJR1 in Getzville, NY at M&T Bank

Date Posted: 7/14/2018

Job Snapshot

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

Job Description

Help to mitigate losses by coordinating the repossession of delinquent collateralized consumer bank vehicle loans.
Receive referrals from in-house Collections departments, typically at the 85 day past due point, or by way of voluntary repossessions.
Coordinate the repossession and transportation of collateral with dedicated list of external repossession agents.
Ensure repossession agents are provided with all necessary and accurate information to successfully recover collateral.
Interact with in-house collectors, external vendors, attorneys and law enforcement to ensure successful recovery of collateral.
Research value of collateral in order to provide information to Remarketing Team to determine the cost and benefit of repossession activity.
Perform skip-tracing as necessary to locate collateral if repossession agents are unable to locate collateral after two attempts.
Perform collections activities as needed.
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.
Works 200 accounts per week. Direct contact with external repossession agent vendors, attorneys and law enforcement. This position has some customer contact in the context of collection duties.
Not Applicable.
High school diploma/GED plus 2 years’ relevant work experience.

Associate’s degree.
Collections or repossession experience.
Knowledge of M&T Bank systems.


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.