2027 Corporate Summer Internship Program- Banking Services: Consumer Insurance Servicing & Indirect Funding

M&T Bank Corporation; Buffalo (NY); On-site; USD 25,000 - 39,000; Part time

Job summary

Summer Interns at M&T Bank Corporation participate in a 10-week program centered on professional development, career growth, and building the skills needed to succeed in banking. You will work on projects within the Consumer ILN Insurance Servicing team, gain exposure to department initiatives, and connect with peers and industry leaders while receiving priority consideration for full-time opportunities.

The internship requires pursuing a Bachelor’s or Master’s degree with a minimum 3.0 GPA, and

Qualifications

• Enrolled in a Bachelor’s or Master’s program with minimum 3.0 GPA.
• Currently pursuing degree; sponsorship not offered for this role.
• Strong written and verbal communication skills.
• Demonstrated analytical and critical thinking abilities.
• Strong organizational skills and attention to detail.

Responsibilities

• Complete duties of an entry-level professional nature in the assigned area of the Bank.
• Follow internal policies, risk and regulatory standards, and controls.
• Identify risk-related issues needing escalation to management.
• Promote inclusion and align with M&T Bank brand.

Skills

Strong written and verbal comms

Analytical skills

Critical thinking

Organizational skills

Detail-oriented

Education

Bachelor’s or Master’s degree (in progress)

GPA ≥ 3.0

Work Visa Sponsorship not offered

Job description

Overview

Summer Interns complete a 10 week internship centered around professional development, career growth and building the necessary skills to succeed. Summer Interns participate in projects and department initiatives that accelerate career growth and play an important role in building the future of the Bank. As an Intern, you will gain exposure to other departments through guest speakers and industry leaders and a built-in network with peers as well as priority consideration for full time opportunities throughout the Bank.

Department Description

The Consumer ILN Insurance Servicing team handles two core functions for indirect auto, boat, and RV loans – insurance claim assistance and optional products cancellations. The insurance claim assistance covers the work of total loss and endorsements. If any of our customers are involved in an accident that results in the either the totaling of the unit OR requires insurance covered repairs, this team will assist the customer with their insurance claims, GAP claims, product cancellations, and any check processing requirements to the repair facilities. The optional products work covers cancelling ancillary products financed within the indirect loans at time of total loss, repossession, early payoff, or customer request. The team preps the products, uses a vendor to distribute the cancellation notices and gather the refund amounts owed to customers, then ensures the refund amount is accurate before refunding the customer via loan payment or check.

Primary Responsibilities

Complete duties and responsibilities of an entry-level professional nature specific to assigned area of the Bank. Ensure activities adhere to established internal policies and external regulations as applicable. Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management. Promote an environment that supports belonging and reflects the M&T Bank brand. 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. Complete other related duties as assigned.

Scope of Responsibilities

The jobholder works under immediate supervision.

Education and Experience Required

Currently pursuing a Bachelor’s or Master’s degree Minimum Cumulative GPA of 3.0 Work Visa Sponsorship not offered for this role

Education and Experience Preferred

Strong written and verbal communication skills Demonstrated computer skills Proven analytical skills Proven critical thinking skills Strong organizational skills Detail-oriented

Compensation

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.00 - $28.00 per hour. The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above encompasses all geographic locations. The pay rate specific to your location will fall within this range and is available from your recruiter.

Location

Buffalo, New York, United States of America

About M&T

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. 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.

Core Values

Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more.

Equal Employment Opportunity

M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.

Drug-Free Workplace

M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.