Hybrid Loss Mitigation Underwriter I: Loan Workups

M&T Bank Corporation; New York (NY); Hybrid; USD 28,000 - 47,000; Full time

Benefits offered by this job

Medical benefits

Retirement plan

Volunteer time off

Job summary

M&T Bank Corporation in Getzville, NY is hiring an Loss Mitigation Underwriter I. You will analyze borrower finances, determine suitable loss-mitigation options, and coordinate with customers, agents, and attorneys to progress settlements and approvals.

Role requires strong communication, meticulous document review, and adherence to banking rules. Hybrid work setup with competitive benefits and ongoing risk/compliance focus.

Qualifications

• Three years of combined higher education and/or experience with at least one year in collections or underwriting.
• Ability to communicate effectively and professionally over the phone.
• Excellent communication and customer service skills.
• Proficiency with word processing and spreadsheet software.

Responsibilities

• Submit loan modification workups for the waterfall of investor workout options.
• Communicate with customers, real estate agents and attorneys to negotiate short sale settlement offers.
• Manage portfolios to ensure compliance with policies and regulations.
• Assess property value and variances between appraisers and offers.
• Review tax returns, pay stubs, credit reports and other financial documents.
• Determine suitable repayment options and calculate loan modification terms.
• Prepare workout summaries for management approval.
• Coordinate with internal teams to resolve account issues.

Skills

Phone communication

Customer service

MS Word/Excel

Education

Bachelor's degree

Paralegal certification or experience

Tools

M&T systems

Job description

M&T Bank Corporation in Getzville, NY is hiring an Loss Mitigation Underwriter I. You will analyze borrower finances, determine suitable loss-mitigation options, and coordinate with customers, agents, and attorneys to progress settlements and approvals.

Role requires strong communication, meticulous document review, and adherence to banking rules. Hybrid work setup with competitive benefits and ongoing risk/compliance focus.