CAM Documentation & Control Specialist I

M&T Bank Corporation; Getzville (NY); On-site; USD 26,000 - 43,000; Full time

Benefits offered by this job

Medical benefits

Retirement benefits

Volunteer time off

Job summary

M&T Bank Corporation seeks a Loss Mitigation Documentation Reviewer in Getzville, NY to compile and evaluate loss mitigation files for completion. You will ensure all required documents are received, including hardship letters, bank statements, pay stubs, and alimony or pension evidence.

The role requires 2 years of combined education/experience and solid computing skills for word processing and spreadsheets. Familiarity with M&T systems and regulatory controls is a plus.

Qualifications

• A combined 2 years' higher education and/or work experience.
• General personal computing skills including proficiency with word processing and spreadsheet software.

Responsibilities

• Understand investor's waterfall and required documents for loss mitigation.
• Ensure receipt of all required documentation, including a hardship letter, bank statements, pay stubs, alimony agreements and evidence of social security or pension payments.
• Identify proof of income listed on financial documents.
• Request missing or additional documentation needed to move forward with the borrower's request for loss mitigation.
• Communicate with the Single Point of Contact regarding follow up document requests.
• 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.

Skills

Word processing

Spreadsheet software

General computing

Education

Two years higher education or work experience

Associate's degree

Collections experience

Knowledge of M&T systems

Job description

Overview

This position is responsible for receiving and compiling loss mitigation documentation from customers and evaluating loss mitigation files for completion.

Primary Responsibilities

• Understand investor's waterfall and required documents for loss mitigation.
• Ensure receipt of all required documentation, including, but not limited to, a hardship letter, bank statements, pay stubs, alimony agreements and evidence of social security or pension payments.
• Identify proof of income listed on financial documents.
• Request missing or additional documentation needed to move forward with the borrower's request for loss mitigation.
• Communicate with the Single Point of Contact regarding follow up document requests.
• 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.

Scope of Responsibilities

This position serves as a critical control point for the loss mitigation process, ensuring that all investor requirements are met with respect to documentation for loss mitigation.

Education and Experience Required

• A combined 2 years' higher education and/or work experience.
• General personal computing skills including proficiency with word processing and spreadsheet software.

Education and Experience Preferred

• Associate's degree.
• Collections experience.
• Knowledge of M&T systems.

Compensation

The pay range for this position is $18.68 - $31.14 Hourly (USD).

Location

Getzville, New York, United States of America

Benefits

• competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year.

Company Culture

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. 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.