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Overview:
The Customer Asset Management (CAM) Operations Development Program enables participants to gain in-depth professional and analytical experience and development of leadership and collaborative skills through a defined and customized immersive rotational program. Program participants will become technically proficient in core business processes within the CAM division.
Department Overview:
Cash Management supports timely and efficient processing of all cash transactions for internal and external customers within Default. Â We adhere to business and investor guidelines to ensure accurate and timely application of funds and remittance of cash to vendors, investors, and customers. Our department takes great pride in providing excellent service to ensure customer satisfaction in our ever-changing environment.
Department is comprised of four specialized processing groups focused on these initiatives.
REI/PIF/TPS Fund processing /Reconciliation
- Foreclosure Reinstatements
- Foreclosure Bankruptcy and Sr Lien Payoffs including Judgements
- Short Sale fund application
- Reinstatement and Payoff reconciliations
- Completion of subservicing CLS Reinstatement/Payoff Reconciliations
- Third party sale, 2nd Chance and Redemption fund application
- Suspended Foreclosure payoff reconciliations
Cash Processing
- Vendor Refunds
- Check requests for Vendors, Investors, Customers & Purged loans
- Stop Payment requests
- Claim and incentive application
- Subservicing billing and reimbursement
- Mosaic Billback
- Corporate Advance reclassing between Recoverable and Third party
- Hazard Insurance cancellation monitoring
Invoice Payment
- Foreclosure, Bankruptcy and Litigation Invoice review and payment
- Valuation invoicing & QC
- Property Preservation and Inspections Invoicing
- Eviction and REO invoicing
- FEMA inspection payment and QC
Reporting/ QC oversight
- Review of Past Due Vendor Invoice Reports
- P187 management of advances on Mortgagor Payoffs PIF1
- Open Items reconciliation
- Management of Default Wires
- Review Third party advances on closed Bankruptcies for claims/expense
- Acquisition & Service release routines-
- Board and Balance Corporate Advance
- Ensure support for advances is sent and received
Primary Responsibilities:
- Complete a series of job rotations, over a set time frame in multiple disciplines, to gain a broader understanding of the roles, how they are utilized at the Bank, and how they work together to deliver solutions and services to internal and external customers
- Manage pipeline of loans ensuring operational processes are completed timely and accurately
- Perform reviews of loans confirming a quality level within the Company’s risk appetite
- Work in customer contact or back-office roles depending upon the preference and skill set of the candidate
- Develop and produce routine departmental reports and spreadsheets, including but not limited to, project analyses, historical reporting and financial analyses.
- Complete data review, research and/or reconciliation.
- Participate in Customer Asset Management Operations Development Program activities.
- 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.
- Promote an environment that supports belonging and reflects the M&T Bank brand.
- 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.
- Complete other related duties as assigned.
Education and Experience Required:
- Bachelor’s or Master’s degree
- Minimum Cumulative GPA of 3.0
- Up to 1 years' work experience
- Outstanding written and verbal communication skills
- Demonstrated interpersonal skills
- Demonstrated analytical skills
- Demonstrated computer skills
- Prior work/internship experience
- Work Visa Sponsorship not offered for this role
Location
Getzville, New York, United States of AmericaLearn more about this Employer on their Career Site
