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).