M&T Bank is hiring a Foreclosure Specialist III to monitor and oversee the foreclosure process for assigned loans, ensuring adherence to investor guidelines. You will provide subject matter expertise, handle escalated issues, and manage a portfolio of loans involved in complex litigation to protect the bank's interest.

What You'll Do

Monitor foreclosure progress through queues and reporting, ensuring team compliance with state, federal, and investor guidelines.
Work with foreclosure attorneys and counsel to resolve disputes involving mortgaged property.
Serve as the primary escalation contact for team associates, attorneys, and other departments.
Ensure FHA 1st legal deadlines are met and track necessary extension requests.
Research, validate, and update loans on foreclosure exception reports.
Approve additional attorney fees beyond associate limits and track legal expenses on litigation files.
Perform QC review and approval of investor bidding instructions.
Conduct regular 'side by side' reviews with the team and review all assigned loans at least every 30 days.
Ensure compliance with all federal, state, regulatory, and investor foreclosure guidelines.
Work with management to revise, update, and implement procedure changes.
Gather information and assemble presentations for investor, regulatory, and internal meetings.
Adhere to applicable compliance and operational risk controls.
Maintain M&T internal control standards and implement audit points.
Promote an environment that supports belonging and reflects the M&T Bank brand.

What We're Looking For

A combined 4 years’ of higher education and/or work experience, including a minimum of 2 years’ experience in a Default Servicing related field (e.g., Collections, REO, Loss Mitigation).
Working knowledge of word processing and spreadsheet software.
Strong written and verbal communication skills.
Detail-oriented approach.
Strong analytical and problem-solving skills.
Ability to work effectively in a team environment.

Nice to Have

3 years’ experience in a Default Servicing related field.
Proven leadership ability.
Knowledge of bank and departmental systems.
Understanding of mortgage products, including home equity loans and lines of credit, general operation, and systemic functions.
Experience training new staff and implementing procedures and process changes.