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CAM Estate/Probate Specialist
Company | M&T Bank |
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Location | Cheektowaga, NY, USA |
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Salary | $18.57 – $30.95 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Junior, Mid Level |
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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.