Property Preservation Specialist III

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:

• Sign off on documents and approve loss sheets as a result of the late submission of reports.
• Complete curtailment billings that are submitted to vendor.
• Review and approve hazard claim repairs, and investor allowables.
• Participate in weekly conference calls with vendors.
• Oversee the Property Preservation mailbox ensuring that all correspondence is responded to timely.
• Refer all files to Real Estate Owned (REO) that cannot be conveyed to the Department of Housing and Urban Development (HUD).
• Approve code violation bids.
• Complete projects related to nonperforming loan sale, due diligence bids for HUD and overdue tasks.   
• Manage a conveyance portfolio, ensuring that deadlines are being met by working closely with the vendor, obtaining status updates and reducing monetary losses. 
• 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.
• 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 belonging and reflects the M&T Bank brand.
• 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.

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