Property Preservation Specialist III

M&T BankGetzville, NY
3d$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 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).

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.

Benefits

  • 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.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

5,001-10,000 employees

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