M&T Bank

Banking Services Operations Associate IV- Commercial Lien Release

M&T Bank  •  $34.25/hr  •  Buffalo, NY (Onsite)  •  2 hours ago
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Job Description

Supports releasing real estate on accounts that are paid in full to support the Commercial Bank, Business Banking, and Leasing business lines.

Primary Responsibilities:

  • Review and research requests from business partners and obtain appropriate authority to release real estate collateral as outlined in the request.
  • Provide clear instructions to less experienced personnel on what needs to be released.
  • Communicate with internal and external business partners throughout the release process as required.
  • Send documents to business partners, customers, third parties, or to various jurisdictions for recording as instructed.
  • Use third party vendor software to help research and facilitate release requests.
  • Update key tracking systems with release information.
  • Provide training to new associates.
  • 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 CRE Payoff Specialists are responsible for releasing real estate mortgage liens for paid-off loans. The Specialist receives requests through the internal collateral tracking system and reviews each request to ensure the collateral is not securing any active loans. They also collaborate with business partners to ensure that all lien releases are completed in accordance with regulatory requirements.

Education and Experience Required:

Associate’s degree and a minimum of 1 years’ work experience, or in lieu of a degree, a combined minimum of 3 years’ higher education and/or work experience, including a minimum of 1 years’ work experience

Education and Experience Preferred:

Bachelor's degree

Minimum of 3 years’ relevant work experience

Minimum of 1 years’ customer service experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 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

M&T Bank

About M&T Bank

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. Founded in 1856 in Buffalo, NY we are now a top 11 full-service US-based commercial bank with a retail footprint across the east coast and wealth services available nationwide and abroad. As a bank, we offer advice, guidance, expertise, and solutions across the entire financial spectrum that combines M&T’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. We are a community-minded organization with more than 167 years of experience. We serve customers, community, and colleagues whether they be across the street, across the state or across the country.

As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor and we seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members.

M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Buffalo, New York
Year Founded
Unknown
Website
mtb.com
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