Mortgage Processor I

Mortgage Processor I

Mortgage Processor I Location : Williamsville, NY| 14221 Duration : 3+ Months contract with possibility of extension and FTE Shift : Standard Job Description OVERVIEW :

Ensure new loan applications are prepared for processing or underwriting while adhering to M&T's standard turn times. Performs a variety of duties, both clerical and technical.

PRIMARY RESPONSIBILITIES :

• Maintain effective communication with all necessary parties involved in a new loan application, from the customer, broker, correspondent, loan officer, and co-workers to ensure a seamless positive application experience.
• Work with various internal departments as well as external organizations to obtain processing related documentation or obtain necessary information needed to complete an application, including, but not limited to : Verification of Employment, IRS Transcripts, Title Search, appraisal, FHA case assignments.
• Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines.
• Preparation and / or reconciliation of required reports.
• Monitor all incoming loan conditions via email, fax or mail. Ability to assess documentation provided to mark received in the loan system.
• Review system to ensure adherence to all regulatory requirements and guidelines.
• Adhere to applicable compliance / operational risk controls in accordance with Company or regulatory standards and policies.
• Promote an environment that supports diversity 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 :

SUPERVISORY / MANAGERIAL RESPONSIBILITIES :

EDUCATION AND EXPERIENCE REQUIRED :

EDUCATION AND EXPERIENCE PREFERRED :