Perform loan processing and loan sale activities following established policies and procedures. Responsible for entering documents as received, prioritizing the documents to be processed, as well as auditing and shipping documents to investors or back to branches.
Review loan data to ensure accuracy and adherence to investor guidelines, make system updates as needed. Complete necessary paperwork and process follow up documents.
Enter pertinent information into computer system and utilize various delivery systems for FNMA, FHLMC and GNMA to transmit data electronically.
Ensure delivery of individual or "pools" of mortgage files to various investors while monitoring deadlines to avoid penalties.
Identify and correct agency pool discrepancies. Audit whole loans and identify missing information that would prevent loan purchase by the investor.
Perform clerical functions as needed (e.g. filing, copying, scanning, printing, uploading documents).
Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
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 diversity and reflects the M&T Bank brand.
Complete other related duties as assigned.
Scope of Responsibilities:
The Loan Delivery Specialist impacts the department's goals of delivering loans timely to investors each month and to minimize late fees and repurchase risk. This person works with investors as well as internal M&T Mortgage Operations Departments. Usually plans and executes own work; not required to supervise others. This position requires occasional supervision to help solve problems or provide guidance for unusual situations.
Supervisory/ Managerial Responsibilities:
Education and Experience Required:
Associates' degree and one year prior related work experience, or in lieu of a degree, a combined 3 years' higher education and/or related work experience .
Basic personal computer knowledge and related software applications.
Demonstrates detail oriented skills.
Proven ability to meet deadlines and work under pressure.
Ability to prioritize multiple tasks based on deadlines.
Possess excellent written and verbal communication skills with the ability to interact with all levels of personnel.
Strong organization skills.
Education and Experience Preferred:
Previous experience with mortgage or financial services industry.
Six months specific M&T Bank Mortgage operations experience.
Cheektowaga, New York, United States of America
At M&T Bank, we understand what's important when you're considering a career. M&T strives to be the best company our employees ever work for, the best bank our customers ever do business with, and the best investment our shareholders ever make.
The key features of our culture are our:
Heritage of strength and stability
Exceptional and long-tenured employees
Focus on long-term client relationships
Commitment to the communities we serve
Commitment to our shareholders
When applying for a job at M&T Bank, candidates are required to complete a candidate profile.
If you are unable to apply for career opportunities through use of this site due to an impairment or disability, please contact us at ~~~ for further assistance.
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.