CAM Documentation & Control Specialist I (Hybrid - Getzville, NY)

M&T Bank; Getzville (NY); On-site; USD 60,000 - 80,000; Full time

Job summary

A leading bank in New York is looking for a Loss Mitigation Specialist responsible for compiling documentation and ensuring compliance during the loss mitigation process. Ideal candidates will have a combination of relevant work experience and education, strong computing skills, and attention to detail to support our team in meeting investor requirements.

Qualifications

• 2 years of relevant experience or education required.
• Familiarity with M&T systems preferred.

Responsibilities

• Receive and compile loss mitigation documentation from customers.
• Evaluate loss mitigation files for completion.
• Ensure compliance with internal control standards.

Skills

General personal computing skills

Proficiency with word processing

Proficiency with spreadsheet software

Education

A combined 2 years’ higher education and/or work experience

Associate’s degree

Job description

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:

Knowledge of M&T systems.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.00 - $28.11 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

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.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.00 - $28.11 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Getzville, New York, United States of America

About the company

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York.

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