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: