Property Preservation Specialist III

M&T Bank

  • Getzville, NY
  • $20.94-34.91 per hour
  • Permanent
  • Full-time
  • 2 days ago
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 $20.94 - $34.91 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

M&T Bank