Create a Job Alert.

Enter your email below to save this search and receive job recommendations for similar positions.
Thank you. We'll send jobs matching these to
You already suscribed to this job alert.
US
0 suggestions are available, use up and down arrow to navigate them
What job do you want?

Banking Services Operations Associate V - Commercial Specialized Lending Administrator job in Buffalo at M&T Bank

Create Job Alert.

Get similar jobs sent to your email

List of Jobs

Apply to this job.
Think you're the perfect candidate?
Banking Services Operations Associate V - Commercial Specialized Lending Administrator at M&T Bank

Banking Services Operations Associate V - Commercial Specialized Lending Administrator

M&T Bank Buffalo, NY Full Time


Schedule: M-F 8 AM - 5 PM

Position is remote to start and will transition to M&T Center location

Banking Services Operations Associate V – Commercial Specialized Lending Administrator

Description:

Basic Function:

Responsible for processing and supporting certain core functions within the Specialized Lending Teams of Commercial Loan Agent Banking Group.  All functions will be performed within the guidelines of CLO procedures, Corporate Policies, Compliance, Audit and legal requirements. Will have an active working knowledge of all functions within either of these groups and must able to support and process as needed. Will also support all projects and is on track to become subject matter expert on all initiatives within assigned area.   

Function:

Agent Banking services a subset of multi-million dollar Participated/Syndicated Commercial Loans in which the exposure is shared with other financial institutions. Complexity ranges due to the specialized loan products such as Construction, Canadian Banking, Foreign Currency, Auto Floor Plan and Secondary Market Loans.

Position Responsibilities:

  • Complex Data Entry Updates/Analysis and Interpretation on new and/or existing Participated or Syndicated Loans.
  • Responsible for a portfolio of Specialized Commercial Loans.
  • Standard and Non-Standardized Document Review, Processing and Validation surrounding the funding of a new Syndicated or Participated transactions or remittance funds on existing Participated or syndicated Loan transaction.
  • Respond to or Initiate Complex Requests from multiple business lines, all business partners or financial institutions.
  • Complex Level Analysis and/or Reconciliation supporting the balancing of all work that crosses over multiple business lines.
  • Responsible for internal reporting as it relates to the assigned portfolio.
  • Act as main contact point with Commercial bank, internal business partners and or other Financial institutions.
  • Advanced Level Interpretation of loan or lease documents requiring unique repayment structures that fall outside the standard set-up function.
  • Advanced level document to system quality review and balancing of both personal work and work of others.
  • Assist with cross-training.
  • Detects and/or involved in mid-level escalation or special requests that could span over multiple business lines.
  • Responsible for advanced level of support of multiple business lines.
  • Monetary Remittance/Funding’s as Submitter.
  • Cross trained with an active understanding of all functions of the team. Serves as back up to certain assigned functions.
  • Active working knowledge of multiple bank accounting systems and able to perform all transactions with each system in order to support the overall objective of the team.
  • Provide project support from department level to Banking Services projects and initiatives.
  • Ability to utilize and challenge mid to high level internal procedures across the department.
  • Assist with management requests to support department audits.
  • Able to be full back up to Group Leader in his/her absence.

Standard Company Responsibilities:

  • 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.
  • Reads and understands processing. Applies set rules to make a decision.
  • 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.

Managerial/Supervisory Responsibility:

  • Provides on-the-job training/support to new team members

Minimum Qualifications Required:

  • Associate’s and a minimum of 2 years’ related work experience,

    OR in lieu of a degree,

    A combined minimum of 4 years’ higher education and/or work experience, including a minimum of 2 years’ related work experience

Preferred Qualifications:

  • Bachelor’s Degree 
  • Prior Commercial Loan Experience with an active working knowledge or prior experience within the Commercial Loan Participation Syndication area.

About M&T

At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future. 



Location

Buffalo, New York, United States of America
 

Recommended Skills

  • Banking
  • Internal Controls
  • Balancing (Ledger/Billing)
  • Financial Auditing
  • Auditing
  • Reconciliation
Apply to this job.
Think you're the perfect candidate?

Help us improve CareerBuilder by providing feedback about this job:

Job ID: R21301

CareerBuilder TIP

For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.

By applying to a job using CareerBuilder you are agreeing to comply with and be subject to the CareerBuilder Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.