Property Preservation Specialist III

M&T Bank • Getzville, NY

9d • $23 - $38

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 presale and conveyance portfolio, working daily tasks, reviewing monthly inspections, monitoring insurance claims, working closely with other Default departments, and participating in weekly conference calls with the property preservation vendors.

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

• Review monthly inspections.
• Review bids and submit them to team leaders for review and approval when denied by Department of Housing and Urban Development (HUD) and work is needed to preserve the property.
• Review claim repairs, and investor allowables.
• Submit bids to team leaders for review and approval.
• Participate in weekly conference calls with property preservation vendors to discuss loans that have issues.
• Oversee emails and the Property Preservation mailbox ensuring that all correspondence is responded to timely.
• Review loans for alternative dispositions that are not conveyance to HUD .
• Complete a write up and gather all necessary documentation needed for the recommendation.
• Refer all files to Real Estate Owned (REO) that cannot be conveyed to HUD once approval is received.
• Complete projects related to nonperforming loan sale, due diligence bids for HUD and overdue tasks.
• Manage a presale and conveyance portfolio, ensuring that deadlines are met by working closely with the vendor, obtaining status updates and reducing monetary losses.
• 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.

Benefits

• M&T Bank is committed to fair, competitive, and market-informed pay for our employees.
• As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level