M&T Bank

Consumer Lending Associate I - Altoona PA

M&T Bank  •  $28.31/hr  •  Altoona, PA (Onsite)  •  4 days ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Responsible for reviewing loan documentation for accuracy and compliance to regulatory requirements and for properly securing collateral for the bank.

Primary Responsibilities:

  • Responsible for any or all of the following:
  • Audit loan documents received from originating source for accuracy and compliance to regulatory requirements. Communicate to originating source any errors contained within the documents. Prepare daily balance of batch work to mainframe systems. Prepare documentation to secure collateral interest for the Bank.
  • Determine and prepare appropriate documents (i.e. appraisal, title flood, insurance, bankruptcy, auction) and submit request to designated agency Perform scheduled follow-up process to ensure documents are received in a timely manner.
  • Review collateral insurance qualification for impacted collateral, and determine appropriate steps in claims processing procedure.
  • Research and process routine monetary transactions. Communicate with external department to acquire documentation required in research process.
  • Perform in-depth customer service functions. Assist internal and external customers with detailed issues relative to specific account information, monetary transactions, or required account documentation.
  • Validate transaction file for daily disbursement of funds to appropriate source. Daily files to dealer sources exceed $10 million.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • 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:

Has contact with Automobile and Consumer Goods and Services dealers and vendors/outside agencies.

Education and Experience Required:

High School diploma or equivalent and one year of relevant 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

Altoona, Pennsylvania, 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
Social Media