Senior Processor with exceptional analytical ability to assess conventional, portfolio and government loan requests based on product, underwriting, and investor guidelines.
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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:
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Questionnaires
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Project declarations/bylaws
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HOA Budgets/Financial Statements/Reserve Studies
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Engineer reports
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Open Litigations
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Project master insurance policies
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Document findings and provide clear loan-level decisions.
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Provide restructure recommendations when project does not meet specific loan program guidelines.
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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.
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Work with all departments through post-closing to ensure all necessary information is included and accurately represented for loan delivery.
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Maintain knowledge of evolving investor requirements.
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Maintain effective communication with all necessary parties involved in a new loan application,
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Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines.
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Ensure adherence to all regulatory requirements and guidelines.
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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.
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Promote an environment that supports belonging and reflects the M&T Bank brand.
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Complete other related duties as assigned.
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Associates Degree or 4 years equivalent work experience.
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4+ years prior mortgage processing or underwriting experience.
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Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe.
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Proficient with all Retail Requirements, including all state specifics
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Ability to make sound decisions based on information provided.
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Knowledge of Product, Investor and Compliance Requirements.
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Versatility and flexibility working within an ever changing fast paced mortgage environment.
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Adapting to new policies and procedures to improve processes and workflow.
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Ability to function independently within time constraints.
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Excellent verbal and written communication skills.
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Highly organized with the ability to multitask.
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Strong attention to detail.
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Prioritization of daily workload.
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Ability to work in a team environment.
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Strong work ethic, reliable and dependable.
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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.
Ballston Lake, New York, United States of America
