property Preservation Specialist III

M&T Bank Corporation; Getzville (NY); On-site; USD 31,000 - 52,000; Full time

Job summary

M&T Bank Corporation in Getzville, NY is seeking a Property Preservation specialist to manage conveyance portfolios, review code violations, and coordinate with HUD and third-party vendors. You will monitor deadlines, approve loss sheets, and oversee reconveyance activities.

The role requires at least 2 years in Mortgage Default or property preservation, a solid grasp of MS Word/Excel, and strong communication.

Qualifications

• Bachelor’s degree preferred; combined 4 years of higher education or work experience.
• Minimum 2 years’ Mortgage Default or property preservation experience.
• Excellent written and verbal communication; detail oriented and organized.

Responsibilities

• Sign off on documents and approve loss sheets for late report submissions.
• Complete curtailment billings submitted to vendors.
• Review and approve hazard claim repairs and HUD investor allowables.
• Attend weekly conference calls with vendors and manage the Preservation mailbox.
• Refer conveyance files to REO when HUD conveyance is not possible.
• Oversee reconveyance to HUD and ensure timely responses and status updates.

Skills

Excellent written and verbal comms

Detail oriented

Team player

Problem solving

Strong work ethic

Analytical ability

Education

Bachelor's degree preferred

4 years of higher education or work experience

Minimum 2 years Mortgage Default / property preservation experience

Tools

Microsoft Word

Microsoft Excel

Email client

Job description

Overview:This position is an integral role within M&T’s Property Preservation team that will execute day to day functions including managing a conveyance portfolio, identifying curtailment losses and monitoring for reimbursement when applicable, reviewing and responding to code violations and participating in weekly conference calls with vendor(s).Primary Responsibilities:Sign off on documents and approve loss sheets as a result of the late submission of reports.Complete curtailment billings that are submitted to vendor.Review and approve hazard claim repairs, and investor allowables.Participate in weekly conference calls with vendors.Oversee the Property Preservation mailbox ensuring that all correspondence is responded to timely.Refer all files to Real Estate Owned (REO) that cannot be conveyed to the Department of Housing and Urban Development (HUD).Approve code violation bids.Complete projects related to nonperforming loan sale, due diligence bids for HUD and overdue tasks.Manage a conveyance portfolio, ensuring that deadlines are being met by working closely with the vendor, obtaining status updates and reducing monetary losses.Manage the reconveyance portfolio ensuring that timely responses are provided to HUD and determine responsibility of the reconveyance including placing the property back into conveyance condition timely.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 interacts with internal CAM departments, external third-party property preservation vendors and HUD.Education and Experience Required:A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Mortgage Default and/or Property preservation experience.Working knowledge of word processing, spreadsheet and email software.Excellent written and verbal communication skills.Detail oriented.Motivated, team player with a positive and friendly attitude.Strong analytical ability and problem solving skills.Very strong work ethic and ability to work independently.Education and Experience Preferred:Bachelor’s degree.Knowledge of departmental software and M&T Bank systems.5 years’ Mortgage Default and/or property preservation experience.Prior departmental experience preferred.M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $22.61 - $37.67 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.LocationGetzville, New York, United States of America