2027 Enterprise Operations Development Program- Legal Management & Support Services (Default Accounting)

M&T Bank Corporation; Getzville (NY); On-site; USD 41,000 - 61,000; Full time

Job summary

M&T Bank Corporation in Getzville, NY, invites candidates to join the Customer Asset Management Operations Development Program. This immersive rotation program develops leadership, analytics, and collaboration through hands-on experience in CAM operations.

The program emphasizes cross-functional exposure, financial reporting, and risk-aware processes. It targets new graduates with strong communication, analytical, and Excel-based reporting skills, offering a structured path into banking

Qualifications

• Bachelor’s or Master’s degree required.
• Minimum cumulative GPA of 3.0.
• Up to 1 year of work experience.
• Outstanding written and verbal communication skills.
• Demonstrated interpersonal skills.
• Demonstrated analytical skills.
• Demonstrated computer skills.
• Prior work/internship experience.

Responsibilities

• Complete a series of job rotations in multiple disciplines to gain a broader understanding of roles.
• Manage pipeline of loans ensuring operational processes are completed timely and accurately.
• Perform reviews of loans confirming a quality level within the Company’s risk appetite.
• Work in customer contact or back-office roles depending upon the candidate’s skill set.
• Develop and produce routine departmental reports and spreadsheets, including project analyses, historical reporting and financial analyses.
• Complete data review, research and/or reconciliation.
• Participate in CAM Operations Development Program activities.
• Adhere to risk and regulatory standards, policies and controls.
• Identify risk-related issues needing escalation to management.
• Promote an environment that supports belonging and the M&T Bank brand.
• Maintain internal control standards and respond to audit points.

Skills

Analytical skills

Interpersonal skills

Communication skills

Computer skills

Work/internship experience

Education

Bachelor’s or Master’s degree

Minimum GPA 3.0

Up to 1 year work experience

Job description

Overview

The Customer Asset Management (CAM) Operations Development Program enables participants to gain in-depth professional and analytical experience and development of leadership and collaborative skills through a defined and customized immersive rotational program. Program participants will become technically proficient in core business processes within the CAM division.

Department Overview

The mission of the Default & Loss Mitigation Accounting team is to accurately process a wide range of financial transactions for Customer Asset Management. We reconcile and report losses for our internal and external customers by ensuring accurate reporting and timely processing, while ensuring that all transactions adhere to corporate policies, procedures, and generally accepted accounting principles. The members of our team maintain an environment of recognition, mutual respect, accountability, and encouraging open communication and feedback for process improvements.

Accounting-Related Analysis

• Reconcile all investor reimbursements (Partial claims, WCAPs, Incentives, GSE claims) on a monthly basis
• Communicate with multiple business partners on BAU and exception processes
• Reconcile balances held due to servicing errors (WPCI and WPCL reason codes)
• Process loss/expense/refund requests from multiple departments
• Report foreclosure and related expenses, incentive fee income, charge off projections, etc.
• Evaluate expected servicing expenses used for reserve purposes
• Maintain and setup MSP reason codes and matrix
• Accounting for treasury-related default activities (REO Book-ins, Short Sales, Third-Party Sales, loss calculations, etc.)
• Other related research (SCRA, P187 review, etc.)
• Setup for new Loss Mitigation vendors and maintenance of those relationships
• Post acquisition Partial Claim reconciliation
• Develop and maintain team reports and scorecards

Primary Responsibilities

Complete a series of job rotations, over a set time frame in multiple disciplines, to gain a broader understanding of the roles, how they are utilized at the Bank, and how they work together to deliver solutions and services to internal and external customers

Manage pipeline of loans ensuring operational processes are completed timely and accurately

Perform reviews of loans confirming a quality level within the Company’s risk appetite

Work in customer contact or back-office roles depending upon the preference and skill set of the candidate

Develop and produce routine departmental reports and spreadsheets, including but not limited to, project analyses, historical reporting and financial analyses

Complete data review, research and/or reconciliation

Participate in Customer Asset Management Operations Development Program activities

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

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

Education and Experience Required

• Bachelor’s or Master’s degree
• Minimum Cumulative GPA of 3.0
• Up to 1 years' work experience
• Outstanding written and verbal communication skills
• Demonstrated interpersonal skills
• Demonstrated analytical skills
• Demonstrated computer skills
• Prior work/internship experience

Work Visa Sponsorship not offered for this role

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $29.57 - $43.99 per hour. The successful candidate’s particular combination of knowledge, skills, and experiences 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

Getzville, New York, United States of America

Company Culture & Values

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. 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.

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.

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