Banking Services Operations Associate III – Commercial Lien Release Position Available In Erie, New York

Overview:

Supports releasing collateral on accounts that are paid in full and active to support the Commercial Bank, Business Banking, and Leasing business lines.

Primary Responsibilities:

Review and research requests from business partners, attorneys, and title companies and obtain appropriate authority to release various types of collateral as outlined in the request. Collateral types include real estate, assets covered under the Uniform Commercial Code (UCC), vehicles, investment accounts, deposits, aircrafts, ships, patents, trademarks, etc. Execute instructions provided by more experienced personnel. Communicate with internal and external business partners throughout the release process as required. Send documents to business partners, customers, third parties, or to various jurisdictions for recording as instructed. Use third party vendor software to help research and facilitate release requests. Remove holds or generate letters to remove holds on internal accounts. Remove exceptions as appropriate. Remove accounts from insurance tracking. Update key tracking systems with release information. Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management. Promote an environment that supports belonging 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 team uses the collateral tracking system, internal databases, Filenet, county web sites, and works closely with internal business partners, title companies, and attorneys to meet customer requests. Requests have to be thoroughly analyzed to make sure collateral supporting other loans is not released and that requests are properly authorized with the appropriate amount of credit authority. Release requests include real estate, assets covered under the Uniform Commercial Code, vehicles, deposits, investments, aircrafts, ships, and other collateral types.

Supervisor/Managerial Responsibilities:

Education and Experience Required:

Associate’s degree, or in lieu of a degree, a combined minimum of 2 years’ higher education and/or work experience

Education and Experience Preferred:

Minimum of 2 years’ relevant work experience

Physical Requirements:

N/A M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.00 – $28.11 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, New York, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at careersitesupport@mtb.com for assistance. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.