CAM Legal Liaison III

Overview:

Responsible for supporting a variety of functions in the Business Banking Workout group including, but not limited to, handling accounts in the legal process, specializing in negotiation of debt, repossession, foreclosure, property preservation, past due tax reporting, monitoring forced place insurance or bankruptcy processing. Key contact for both internal and external counsel. Prepare and analyze equity analysis to evaluate ongoing Workout strategies.

Primary Responsibilities:

Manage more complex accounts with respect to Commercial Litigation, Foreclosure/REO, Settlement and Collateral sales. Collaborate with Workout Relationship Manager and counsel to establish effective legal strategy while maximizing cost containment opportunities. Initiate direct contact with business partners and vendors to ensure services provided are meeting predetermined service level agreements. Negotiate sale and settlement agreements. Participate in loss prevention by employing advanced strategies that provide adequate protection for M&T with respect to its interest in the collateral securing the loan. Work with Property Preservation vendors to secure collateral (e.g., change locks, winterize properties, etc.) Review collateral condition and establish asset value, monitor appraisal dates/values, tax status, environmentals and provide updated equity analysis; make recommendations for continued action. Negotiate sales with prospective buyers and conclude sales transaction with limited oversight. Coordinate and negotiate sales with prospective buyers and Work Out Officers, and conclude sales transactions with limited oversight. Maintain an understanding of, and apply diligence required to, protect Small Business Association guaranty. Review and approve attorney SmartSpend fees; track expenses at the customer level. Responsible for weekly and monthly reporting, as well as ad hoc requests. Develop a thorough understanding of the business and its functions, processes and operations. Keep abreast of business and market trends that may affect business and department. Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies. 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 belonging and reflects the M&T Bank brand. Complete other related duties as assigned.

Scope of Responsibility:

The incumbent works under very limited supervision and has regular internal contact with other departments and externally with customers and service providers. This position has limited customer interaction. Position is responsible for drafting/documenting procedures.

Education and Experience Required:

A combined total of 5 years' higher education and/or work experience, including a minimum of 3 years' relevant banking experience. Experience with word processing, spreadsheet and presentation software. Detail oriented. Strong verbal and written communication skills.

Education and Experience Preferred:

Bachelor's degree. Experience in Collections or Loss Mitigation. Experience in Retail or Commercial Loan Processing. Knowledge of M&T Bank systems. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $26.00 - $43.34 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation. Location Getzville, 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. Career Site Privacy Notice