Skip navigation
Unable to save this job. Please try again later.


Email this Job to Yourself or a Friend

To begin the application process, please enter your email address.

Company Contact Info

  • Baltimore, MD

Already have an account?

Sign in to apply with your saved resumes.

New to CareerBuilder?

Don't have an account? Continue as a guest!

Sorry, we cannot save or unsave this job right now.

Report this Job

Trust and Site Security Team.

Don't miss out on new jobs!

Get the latest Accounting Associate jobs in Baltimore, MD delivered directly to your inbox. You can unsubscribe at any time.

Saving Your Job Alert

Job Alert Saved!

Could not save Job Alert!

You have too many Job Alerts!

This email address has reached the maximum of 5 email alerts. To create a new alert, you will need to log into your email and unsubscribe from at least one.

Sign Up

or   Sign In Here
Password Must Contain
8 to 15 characters
1 uppercase letter
1 number or symbol
1 lowercase letter
Create an Account with CareerBuilder to save jobs & unlock these great features
See similar job titles and skills to help you make your next move
Upload a resume and become visible to Hiring Managers and Employers
Compare Salary Information to see where you stand amongst your peers
Easily Quick Apply to jobs with just one click!

Email Send Failed!

RCC Accounting Associate

M&T Bank • Baltimore, MD

Posted 12 days ago

Job Snapshot

Degree - 4 Year Degree
Banking - Financial Services


How Do You Compare to the Competition?

Get facts about other applicants with a CareerBuilder Account

Job Description

M&T Realty Capital Corporation is a full-service mortgage banking company that specializes in providing competitive financing nationwide for commercial properties, including multifamily, healthcare facilities, office, industrial, retail, and student, senior, and military housing. As a wholly-owned subsidiary of M&T Bank—one of the 20 largest US headquartered commercial bank holding companies—we have direct access to commercial/multifamily mortgage capital markets, and are fully accredited lenders for:
  • Fannie Mae DUS®
  • Freddie Mac Program Plus®
  • FHA/HUD Healthcare (LEAN)
  • FHA/HUD Multifamily (MAP)
  • Life insurance companies
  • Conduit

Provides support to the M&T Realty Capital Accounting team and other departments by ensuring that daily transactions are processed, recorded and reconciled to the General Ledger. In addition, this position's responsibilities also include ensuring the accuracy and timeliness of processing cash inflows and outflows of the Commercial Mortgage Division.

Maintain and reconcile customer Holding Account for customer activity prior to closing and post-closing to include:
Daily Reconciliation of Customer holding account balances on Quicken Software to the General Ledger and to FIT
Clear closed out accounts each month to the income statement
Send wires daily, weekly and monthly to the Agencies, Trustees or Investors
Preparation of General Ledger and DDA system entries
Record daily incoming wires and checks and outgoing wires
Reconcile investors P&I, Tax and Replacement Escrow Accounts for FNMA, FHLMC, GNMA and various third parties
Preparation of External Financial Reports
Preparation of Corporate Income Tax Reports
Maintenance, Preparation, and Filing of Vendor and Borrower Tax Information
Establish Escrow and Custodial Accounts as needed
Process Accounts Payable items as needed
Reconcile, research, and analyze various Balance Sheet and Fee Accounts daily or monthly
Responsible for reconciling and clearing all miscellaneous asset and liability accounts.
Process intercompany borrowings with M&T Bank
Work with Corporate Accounting on monthly accounting needs as requested
Archiving files for record retention
Performs related routine duties, i.e. copying, filing, correspondence, etc.
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.

Required Qualifications:
Bachelor’s degree or the equivalent in relevant work experience
Excellent customer service skills
Minimum 1 year of previous accounting experience
Proficient computer skills including Microsoft Word and Excel
Demonstrated ability to work as a team member
Proven attention to detail oriented

Preferred Qualifications:
Experience with commercial multifamily lending
Proficient in Web info Plus cash management system

We encourage candidates with relevant military experience to apply.

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.

Job Posting:  Aug 14, 2018, 7:29:29 AM
Unposting Date:  Ongoing
Job ID: 3DKE3
Help us improve CareerBuilder by providing feedback about this job: Report this Job.
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.
Don't miss out on new jobs like this
Get the latest jobs delivered to your inbox. Unsubscribe at any time.

Saving Your Job Alert

Job Alert Created

Well, this is embarrassing. We are having trouble saving your search. You can try again or come back at a later time.

Maximum Email Alerts

This email address has reached the maximum of 5 email alerts. To create a new alert, you will need to log into your email and unsubscribe from at least one.