Property Preservation Specialist III

M&T Bank•Getzville, NY

1d•Onsite

About The Position

This position is an integral role within M&T’s Property Preservation team that will execute day to day functions including managing a conveyance portfolio, identifying curtailment losses and monitoring for reimbursement when applicable, reviewing and responding to code violations and participating in weekly conference calls with vendor(s). This position interacts with internal CAM departments, external third-party property preservation vendors and HUD.

Requirements

A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Mortgage Default and/or Property preservation experience.
Working knowledge of word processing, spreadsheet and email software.
Excellent written and verbal communication skills.
Detail oriented.
Motivated, team player with a positive and friendly attitude.
Strong analytical ability and problem solving skills.
Very strong work ethic and ability to work independently.

Nice To Haves

Bachelor’s degree.
Knowledge of departmental software and M&T Bank systems.
5 years’ Mortgage Default and/or property preservation experience.
Prior departmental experience preferred.

Responsibilities

Sign off on documents and approve loss sheets as a result of the late submission of reports.
Complete curtailment billings that are submitted to vendor.
Review and approve hazard claim repairs, and investor allowables.
Participate in weekly conference calls with vendors.
Oversee the Property Preservation mailbox ensuring that all correspondence is responded to timely.
Refer all files to Real Estate Owned (REO) that cannot be conveyed to the Department of Housing and Urban Development (HUD).
Approve code violation bids.
Complete projects related to nonperforming loan sale, due diligence bids for HUD and overdue tasks.
Manage a conveyance portfolio, ensuring that deadlines are being met by working closely with the vendor, obtaining status updates and reducing monetary losses.
Manage the reconveyance portfolio ensuring that timely responses are provided to HUD and determine responsibility of the reconveyance including placing the property back into conveyance condition timely.
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 belonging and reflects the M&T Bank brand.
Complete other related duties as assigned.