property Preservation Specialist III
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At a glance
Job overview
This position is an integral role within M&T’s Property Preservation team, executing day‑to‑day functions such as managing conveyance portfolios, identifying curtailment losses, reviewing code violations, and participating in weekly vendor conference calls.
Skills & qualifications
Skills
Qualifications
Full job description
Overview:
This position is an integral role within M&T’s Property Preservation team that will execute day to day functions including managing a conveyance portfolio, identifying curtailment losses and monitoring for reimbursement when applicable, reviewing and responding to code violations and participating in weekly conference calls with vendor(s).
Primary Responsibilities:
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Sign off on documents and approve loss sheets as a result of the late submission of reports.
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Complete curtailment billings that are submitted to vendor.
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Review and approve hazard claim repairs, and investor allowables.
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Participate in weekly conference calls with vendors.
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Oversee the Property Preservation mailbox ensuring that all correspondence is responded to timely.
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Refer all files to Real Estate Owned (REO) that cannot be conveyed to the Department of Housing and Urban Development (HUD).
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Approve code violation bids.
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Complete projects related to nonperforming loan sale, due diligence bids for HUD and overdue tasks.
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Manage a conveyance portfolio, ensuring that deadlines are being met by working closely with the vendor, obtaining status updates and reducing monetary losses.
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Manage the reconveyance portfolio ensuring that timely responses are provided to HUD and determine responsibility of the reconveyance including placing the property back into conveyance condition timely.
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Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
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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.
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Promote an environment that supports belonging and reflects the M&T Bank brand.
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Complete other related duties as assigned.
Scope of Responsibilities:
This position interacts with internal CAM departments, external third-party property preservation vendors and HUD.
Education and Experience Required:
A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Mortgage Default and/or Property preservation experience.
Working knowledge of word processing, spreadsheet and email software.
Excellent written and verbal communication skills.
Detail oriented.
Motivated, team player with a positive and friendly attitude.
Strong analytical ability and problem solving skills.
Very strong work ethic and ability to work independently.
Education and Experience Preferred:
Bachelor’s degree.
Knowledge of departmental software and M&T Bank systems.
5 years’ Mortgage Default and/or property preservation experience.
Prior departmental experience preferred.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $22.61 - $37.67 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
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
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