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M&T Bank CAM Claims Processor III in Getzville, New York

Overview:

Submits conventional claims, reviews losses, and reconciles loans for final booking by Default Accounting. Reviews claims filed for accuracy.

Primary Responsibilities:

  • Monitor daily reports outlining workflow and processing needed.

  • Understand difference between the claim types: Short Sales, Foreclosure Claims, Third Party Claims, Charge Off, Security Claims, Loss Mitigation Claims, and Deed in Lieu Claims.

  • Process/file claims according to investor/insurer/statutory & regulatory guidelines within assigned service level agreements.

  • Review and ensure all invoices are included with the claim.

  • Research loan history for advances and deposits.

  • Contact various internal departments for clarification on advances.

  • Review and Consult with the Mortgage Insurance department regarding refunds. Review and consult with the Hazard department on the disbursement of hazard insurance proceeds. Determine if refunds are needed.

  • Respond to attorney loan level requests.

  • Ensure system is updated accurately before moving the loan to the next phase of the Claim process.

  • Review claims completed by processors for accuracy and submits to investor.

  • Work with Foreclosure, Loss Mitigation, Bankruptcy, Evictions, Collections, Property Preservation, and others to reconcile the losses/book the losses.

  • Reconcile loans for final loss allocation, approving the loss amounts. Reconcile loans for final refunds to investor or prior servicer.

  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.

  • Promote an environment that supports diversity 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:

This position interacts with internal M&T Bank departments and external third-party Attorney Firm vendors.

Education and Experience Required:

A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Default experience.

Organized and detail oriented.

Strong verbal and written communication skills.

Strong customer service skills.

Education and Experience Preferred:

5 years’ Default experience.

Full processing knowledge of all disposition types.

Knowledge of M&T Bank systems.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.94 - $34.91 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Getzville, New York, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.

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