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CAM Document and Control Specialist I

$18.68 - $31.14 per hour

M&T Bank

Loss Mitigation Specialist

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 $18.68 - $31.14 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

Vacancy posted 6 hours ago
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