Jobs · Finance · New York

Loss Mitigation Liaison I

M&T Bank · Getzville, NY · 2 days ago
Finance$22.61–$37.67/hrFull-time

Primary Responsibilities

  • Take inbound and make outbound calls to assigned portfolio of mortgage loan borrowers.
  • Answer consumer questions concerning their accounts and document the contact on the mortgage servicing system.
  • Understand investor’s waterfall and required documents for loss mitigation.
  • Collect consumer financial information and assist borrowers in reviewing loss mitigation documents.
  • Communicate and explain the terms of loss mitigation approvals or declines, the rational for each and ability to appeal or re-apply.
  • Communicate liquidation options and explain the foreclosure process as necessary.
  • 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.

Scope of Responsibilities

Maintains direct contact with consumers.

Education and Experience Required

  • A combined 4 years’ higher education and/or work experience, including a minimum of 1 year collections or customer service experience.
  • Ability to communicate effectively and professionally over the phone.
  • Excellent communication and customer service skills.
  • Proficiency with word processing and spreadsheet software.

Education and Experience Preferred

  • Bachelor’s degree.
  • Mortgage collections experience.
  • Knowledge of M&T systems.

Pay

The pay range for this position is $22.61 - $37.67 Hourly (USD).

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