Posted in

CAM Estate/Probate Specialist

CAM Estate/Probate Specialist

CompanyM&T Bank
LocationCheektowaga, NY, USA
Salary$18.57 – $30.95
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • A combined 3 years’ higher education and/or work experience, including a minimum of 1 year experience in collections or customer service.
  • Experience with word processing, spreadsheet and presentation software.
  • Detail oriented.
  • Strong verbal and written communication skills.

Responsibilities

  • Depending on debtor intentions, continue to manage account until payment is received on both secured and unsecured accounts.
  • Prepare analysis of collateral to determine potential loss mitigation options and/or default resolution.
  • Negotiate loss mitigation options including settlements, short-sales, refinancing, etc.
  • Manage the Probate Finder relationship, and make recommendations for process improvements.
  • Perform skip-tracing.
  • Order title searches and contact Credit Bureau or analyze credit reports to validate lien position.
  • Determine if there is life insurance on the account, then gather appropriate information as necessary in order to file a claim; follow-up with insurance company for resolution.
  • Monitor daily file from Probate Finder, research notifications and estate matches, manage the Proof of Claim and satisfaction of claim process.
  • Receive and distribute incoming mail.
  • Accept incoming calls from a variety of stakeholders, and determine appropriate action.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • 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.

Preferred Qualifications

  • Bachelor’s degree.
  • Knowledge of M&T Bank systems.