Job Description

Senior Processor with exceptional analytical ability to assess conventional, portfolio and government loan requests based on product, underwriting, and investor guidelines.

Primary Responsibilities

• Review and analyze condo, co-op and pud project documentation against current investor guidelines, ie: Agency, Govt, Portfolio. Documentation such as but not limited to:
  • Questionnaires
  • Project declarations/bylaws
  • HOA Budgets/Financial Statements/Reserve Studies
  • Engineer reports
  • Open Litigations
  • Project master insurance policies
• Document findings and provide clear loan-level decisions.
• Provide restructure recommendations when project does not meet specific loan program guidelines.
• Work with Risk Management (Mortgage Exception Review) to discuss risk with projects that fall into the non-warrantable category to determine whether any exception can be made.
• Work with all departments through post-closing to ensure all necessary information is included and accurately represented for loan delivery.
• Maintain knowledge of evolving investor requirements.
• Maintain effective communication with all necessary parties involved in a new loan application,
• Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines.
• Ensure adherence to all regulatory requirements and guidelines.
• Work closely with both Internal and External Customers such as grant providers, co-workers, borrowers, Loan Officers, municipalities, contractors, architects, HUD consultants, etc.
• Identify risk-related issues needing escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Complete other related duties as assigned.

Education and Experience Required

• Associates Degree or 4 years equivalent work experience.
• 4+ years prior mortgage processing or underwriting experience.
• Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe.
• Proficient with all Retail Requirements, including all state specifics
• Ability to make sound decisions based on information provided.
• Knowledge of Product, Investor and Compliance Requirements.
• Versatility and flexibility working within an ever changing fast paced mortgage environment.
• Adapting to new policies and procedures to improve processes and workflow.
• Ability to function independently within time constraints.
• Excellent verbal and written communication skills.
• Highly organized with the ability to multitask.
• Strong attention to detail.
• Prioritization of daily workload.
• Ability to work in a team environment.
• Strong work ethic, reliable and dependable.

Education and Experience Preferred

• Trained to clear certain conditions as allowed in M&T Policies and Procedures.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $22.61 - $37.67 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Ballston Lake, New York, United States of America