Foreclosure Specialist III

Location: Getzville, New York, United States of America

Salary: $22.61–$37.67 per hour

Company

M&T Bank provides banking and mortgage servicing operations, including foreclosure administration and investor compliance.

What you will do

• Monitor foreclosure queues, reports, portfolios, deadlines, and investor timelines.
• Coordinate with foreclosure attorneys, outside counsel, in-house counsel, internal departments, and management to resolve disputes and escalated issues.
• Manage loans involved in complex litigation and approve eligible attorney fees and investor bidding instructions.
• Research and resolve foreclosure exception reports, including No Dual Track, cleanup, and investor timeline reports.
• Conduct quality-control reviews, loan-level reviews, side-by-sides, documentation updates, and follow-up activities.
• Revise and implement procedures, prepare presentations, and maintain compliance and operational risk controls.

Requirements

• Four years of combined higher education and/or work experience, including at least two years in default servicing, such as collections, REO, or loss mitigation.
• Working knowledge of word-processing and spreadsheet software.
• Strong written and verbal communication, analytical, problem-solving, and organizational skills.
• Ability to work effectively in a team environment and maintain attention to detail.
• Understanding of federal, state, regulatory, and investor foreclosure guidelines.

Nice to have

• Three years of default servicing experience.
• Proven leadership ability and experience training new staff.
• Knowledge of bank and departmental systems.
• Understanding of mortgage products, including home equity loans and lines of credit, payment allocation, and escrow.
• Experience implementing procedures and process changes.

Culture & Benefits

• Work supports M&T Bank’s internal control, audit, regulatory, and compliance standards.
• The role promotes an environment that supports belonging and reflects the M&T Bank brand.
• Compensation is market-informed and based on the successful candidate’s knowledge, skills, and experience.