*Position is temporary from January 26th- May 8th
Overview:
Completes the new loan set-up process for Home Equity Lines of Credit and Direct Installment Loans, resolving simple documentation exceptions and preparing external disbursements for mailing.
Primary Responsibilities:
- Book Home Equity Lines of Credit and Direct Installment Loans to appropriate Bank systems.
- Resolve simple documentation exceptions that do not require customer contact.
- Prepare external disbursements to be mailed.
- Ensure personal booking batches balances at the end of each day and reconcile any discrepancies to ensure accurate internal accounting of activities.
- Review account opening documentation for accuracy and completeness.
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
- Promote an environment that supports belonging and reflects the M&T Bank brand.
- 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.
- Complete other related duties as assigned.
Scope of Responsibilities:
The Retail Post Closing team ensures documents for Installment and Business Banking loans, and Home Equity Lines of Credit are complete and accurate by determining if legal documents have been executed and notarized as necessary, Credit Policy requirements have been followed, all regulatory disclosures have been furnished and regulatory requirements have been met. Once closing documents have been reviewed, exceptions are cleared, loan proceeds are dispersed, and loans and lines are on boarded to the servicing system of record.
Education and Experience Required:
High school diploma or equivalent (GED) and a minimum of 1 years’ work experience
Education and Experience Preferred:
Minimum of 2 years’ relevant work experience
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.00 - $28.31 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Buffalo, New York, United States of America