Banking Services Operations Associate III- Closing & Collateral Hazard Insurance
M&T Bank
**Overview:**
Reviews hazard insurance for the Commercial, Business Banking, and Leasing portfolios.
**Primary Responsibilities:**
+ Evaluate flood and hazard insurance for the real estate assets covered under the Uniform Commercial Code (UCC) and vehicle portfolios.
+ Interact with internal business partners and external insurance agents to obtain updated insurance information.
+ Generate and clear exceptions for insurance deficiencies.
+ Support regulatory examinations and reviews as requested.
+ Escalate deficiencies in insurance to more experienced personnel as needed.
+ 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 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:**
The team uses the collateral tracking system and Filenet and works closely with Document Preparation, Post-Closing, Compliance, lending staff and insurance agents in carrying out its responsibilities. Calls and e-mails are sent to insurance agents to verify insurance is in place.
**Education and Experience Required:**
Associate’s degree, or in lieu 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
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
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
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