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Loss Mitigation Liaison I - Remote

Posted 2 days ago
Customer Service
Full Time
NY, USA
$20.94 - $34.91/hour

Overview

This position is responsible for acting as the Single Point of Contact (“SPOC”) throughout the loss mitigation process, from package collection through decision and closing, as well as through the foreclosure process.

In Short

  • Act as the SPOC for mortgage loan borrowers.
  • Make inbound and outbound calls to delinquent borrowers.
  • Maintain compliance with state and federal laws.
  • Answer consumer questions and document contacts.
  • Understand investor’s requirements for loss mitigation.
  • Assist borrowers in reviewing loss mitigation documents.
  • Communicate terms of loss mitigation approvals or declines.
  • Explain foreclosure process and liquidation options.
  • Adhere to compliance and operational risk controls.
  • Promote a supportive environment reflecting M&T Bank's brand.

Requirements

  • 4 years of higher education and/or work experience.
  • Minimum of 1 year collections or customer service experience.
  • Effective and professional communication skills.
  • Excellent customer service skills.
  • Proficiency in word processing and spreadsheet software.
  • Bachelor’s degree preferred.
  • Mortgage collections experience preferred.
  • Knowledge of M&T systems preferred.

Benefits

  • Competitive benefits including medical and retirement.
  • Forty hours of paid volunteer time each year.
  • Commitment to employee growth and development.
  • Equal employment opportunities for all employees.
  • Policies to promote a drug-free workplace.

M.A.T.T.C

Manufacturers and Traders Trust Co

Manufacturers and Traders Trust Co, commonly known as M&T Bank, is a financial holding company headquartered in Buffalo, New York. With a legacy spanning over 165 years, M&T Bank is dedicated to making a positive impact in the lives of individuals and the communities it serves. The bank combines traditional banking services with wealth management and institutional capabilities through its affiliates, including Wilmington Trust. M&T Bank operates a vast network of over 1,000 branches and 2,200 ATMs across 12 states, from Maine to Virginia and Washington, D.C. The company prides itself on building long-lasting relationships with customers while maintaining a commitment to integrity, collaboration, and community involvement. As an employer, M&T Bank offers competitive benefits and fosters a culture of growth and development for its employees.

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