Attorney - Mortgage Banking Servicing Operations
*** Work Arrangement/Location: This is a hybrid position, requiring in-office work three days every week, and it will be based in the Buffalo, NY office.
Overview:The successful candidate will be located in Buffalo, New York working primarily with M&T Bank (M&T) business teams that support performing (Banking Services) and non-performing (Customer Asset Management – CAM) mortgage loans that are part of M&T's mortgage servicing portfolios. In addition, the successful candidate will have the opportunity to work with the Mortgage Origination and Mortgage Operation business teams.
Primary Responsibilities:- Partner with members of the Legal Department to support the Associate General Counsel responsible for overseeing legal support for the Residential Mortgage Division.
- Support the performing residential mortgage servicing operations and the default residential servicing operations of the Customer Asset Management department.
- Support the servicing operations with respect to performing and non-performing first lien and Home Equity Line of Credit (HELOC) residential mortgage servicing, including compliance with applicable state and federal laws and regulations.
- Have a working knowledge of Fannie Mae, Freddie Mac and Ginnie Mae regulations and guidelines.
- Have familiarity with title reports, recording requirements, and real estate transfer matters.
- Provide legal advice to M&T's Residential Mortgage Division regarding operations, compliance programs and business line policies and procedures.
- Partner with M&T's Litigation Department in addressing and responding to legal actions filed against M&T's Residential Mortgage Division.
- Work with and oversee outside counsel retained to provide assistance to M&T's Residential Mortgage Division.
- Partner with M&T's compliance, risk and audit groups to support M&T's Residential Mortgage Division.
- Keep colleagues, manager, senior management and other personnel up to date on pertinent legal and regulatory developments, including legal risks.
Scope of Responsibilities:This position is responsible for providing basic analysis and counsel on legal issues for business units supported. Incumbent should be able to guard against legal risks facing M&T, develop and recommend corporate policy and positions on legal issues and conduct research into a variety of legal issues. This position requires interaction with mid-level management.
Supervisory/ Managerial Responsibilities:May provide guidance to more junior staff members.
Education and Experience Required:- J.D. from an accredited law school.
- New York State or applicable state bar admission.
- 2-5 years of experience practicing law, ideally in mortgage servicing in banking/financial services or within a law firm.
- Ability to identify legal issues, evaluate legal risks, and offer solutions.
- Strong negotiation, interpersonal, organizational skills.
- Excellent writing, analytical and verbal skills.
- Strong analytical and decision-making skills.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $93,581.10 - $155,968.51 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location:Buffalo, New York, United States of America
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