Banking Services Operations Associate III - Mortgage Assignment Support at m&t

Posted in Other 30 days ago.

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Location: Buffalo, New York





Job Description:
Overview:
Ensures all residential mortgage loans are properly assigned and recorded when a transfer of servicing in or out of the Bank occurs or when Customer Asset Management (CAM) needs to take action on a loan (i.e. Foreclosure, Bankruptcy, or Modification).
Primary Responsibilities:
  • Prepare Assignments of Mortgage (AOM) for CAM-related processes.
  • Follow-up on assignments sent for recording.
  • Mail applicable AOMs to external attorneys or directly to the applicable county for recording; order checks to cover recording costs for AOMs that are being mailed to them.
  • Confirm recorded documents in the appropriate system.
  • Facilitate AOMs based on individual states guidelines (i.e. Federal National Mortgage Association ((FNMA).
  • Prepare AOMs to the new servicer/investor for outbound transfers.
  • Receive and resolve external requests via the assignment request mailbox.
  • Provide internal and external audit support as required.
  • 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 diversity 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.
Scope of Responsibilities:Supervisor/Managerial Responsibilities:Education and Experience Required:
Associate's degree, or in lieu of a degree, a combined minimum of 2 years' higher education and/or work experience
Education and Experience Preferred:
Minimum of 2 years' relevant work experience
Physical Requirements: