Loan Delivery Specialist

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POST DATE 8/13/2016
END DATE 10/18/2016

M & T Bank Cheektowaga, NY

Company
M & T Bank
Job Classification
Full Time
Company Ref #
3D91D
AJE Ref #
575872636
Location
Cheektowaga, NY
Experience
Mid-Career (2 - 15 years)
Job Type
Regular
Education
Associates Degree

JOB DESCRIPTION

APPLY
M&T Bank

Loan Delivery Specialist

Cheektowaga, NY



BASIC FUNCTION:
Perform loan processing and loan sale activities following established policies and procedures. Responsible for entering documents as received, prioritizing the documents to be processed, as well as auditing and shipping documents to investors or back to branches.

POSITION RESPONSIBILITIES:
Review loan data to ensure accuracy and adherence to investor guidelines, make system updates as needed. Complete necessary paperwork and process follow up documents.
Enter pertinent information into computer system and utilize various delivery systems for FNMA, FHLMC and GNMA to transmit data electronically.
Ensure delivery of individual or pools of mortgage files to various investors while monitoring deadlines to avoid penalties.
Identify and correct agency pool discrepancies. Audit whole loans and identify missing information that would prevent loan purchase by the investor.
Perform clerical functions as needed (e.g. filing, copying, scanning, printing, uploading documents).
Understand and adhere to the Companys risk and regulatory standards, policies and controls in accordance with the Companys Risk Appetite. Identify risk-related issues needing escalation to management.
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.
Promote an environment that supports diversity and reflects the M&T Bank brand.
Complete other related duties as assigned.

NATURE AND SCOPE:
The Loan Delivery Specialist impacts the department's goals of delivering loans timely to investors each month and to minimize late fees and repurchase risk. This person works with investors as well as internal M&T Mortgage Operations Departments. Usually plans and executes own work, not required to supervise others. This position requires occasional supervision to help solve problems or provide guidance for unusual situations.

MINIMUM QUALIFICATIONS REQUIRED:
Associates degree and one year prior mortgage/financial services industry experience, or in lieu of a degree, a combined 3 years higher education and/or work experience with a minimum of one year prior mortgage/financial services industry experience.
Basic personal computer knowledge and related software applications.
Demonstrates detail oriented skills.
Proven ability to meet deadlines and work under pressure.
Ability to prioritize multiple tasks based on deadlines.
Possess excellent written and verbal communication skills with the ability to interact with all levels of personnel.
Strong organization skills.

IDEAL QUALIFICATIONS PREFERRED:
Two years experience with mortgage or financial services industry experience.
Six months specific M&T Bank Mortgage operations experience.

About M&T
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful,conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer. M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.