Accessibility :
Scripting :  [Disable AJAX and DHMTL]  [Disable javascript alerts]  [Remove all scripting]
Text Size : A A A A
Home  |  
NY.gov Portal Search
Home
R03169 Doc and Control Specialist III - New York, NY

Job Information

ID :
#27873598
# of Positions :
1
Minimum Education Level :
Unspecified
Experience Required :
none
Duration :
Full Time Regular
Shift :
Unspecified
Hours per week:
32
Start Date :
2/11/2019

Job Description

 
Overview:
This position is responsible for completing the most complicated file reviews to ensure all documentation necessary for loss mitigation evaluation has been received prior to underwriting.

Primary Responsibilities:
* Understand investor's waterfall and required documents for loss mitigation. Ensure receipt of all required documentation, including, but not limited to, a hardship letter, bank statements, pay stubs, alimony agreements and evidence of social security or pension payments.
* Identify proof of income listed on financial documents.
* Request missing or additional documentation needed to move forward with the borrower's request for loss mitigation.
* Communicate with the Single Point of Contact ("SPOC") regarding follow up document requests.
* Order borrower credit bureau reports and foreclosure fee reports in accordance with M&T procedure and document the request history to ensure compliance with the Fair Credit Reporting Act and investor guidelines.
* Perform quality check on all letters sent to borrowers from the SPOC, closing and underwriting teams. Identify sources of communication errors.
* Respond to escalation tasks opened by SPOC and instruct team members as to prevention of similar escalations.
* Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
* 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:
This position serves as a critical control point for the loss mitigation process, ensuring that all investor and regulatory requirements are met with respect to documentation for loss mitigation, including credit reports.

Supervisory/ Managerial Responsibilities:
N/A

Education and Experience Required:
* A combined 4 years' higher education and/or work experience, including a minimum of 2 years' default servicing experience.
* General personal computing skills including proficiency with word processing and spreadsheet software.

Education and Experience Preferred:
* Bachelor's degree.
* Mortgage collections experience.
* Knowledge of M&T systems.

Company Information

Name :
M & T Bank
Description :
At M&T, we understand what's important when you’re considering a career change: a company with a solid history of responsible growth and positive earnings. A company committed to the communities it serves. One that rewards performance and provides employees with opportunities to direct their own career paths. A company with a focus on the future.

As one of the best performing banks in the country, M&T continues to grow, offering ongoing value to our shareholders and opportunity to our employees. Join our team and you'll understand what has kept us strong for more than 150 years: stability with a forward focus, a strong history of community support, and a dedication to being the best employer you'll ever work for.
Type :
Direct Employer
Address :
345 Main St.
Buffalo, NY 14203

Application Information

Online :
Job Posting Entered On :
2/11/2019
Job Posting Expires On :
3/11/2019
Disclaimer: In conducting placement activities, the New York State Department of Labor (Department), acts as a portal for prospective employees and businesses. The Department does not represent or guarantee the truthfulness, accuracy, or reliability of information supplied by prospective employees or businesses, nor does it engage in any form of screening or independent investigation of prospective employees and businesses other than matching a prospective employee’s self-stated qualifications to those prescribed by a business. The Department is not responsible for any employment decisions made by prospective employees or businesses, for whatever reason made. New York State Law may limit the types of disclosures that the Department can make to a business regarding a prospective employee. Businesses should not forgo any form of screening otherwise prudent to ensure a prospective employee’s qualifications and background meets the needs of the workplace.