Business & Commercial Collections Specialist II

Overview: Responsible for managing an assigned customer base of delinquent loans, mitigating loss situations and reducing nonaccrual and loss population to M&T Bank. Evaluate status of loan to decide on interactions with customers, Branch Managers and Relationship Managers. Transfer accounts to Workout Team based on delinquency or other risk triggering factors. Initiate collateral evaluations in order to assess the equity in the collateral. Primary Responsibilities: Responsible for handling past due Commercial loans, Mortgages, Leases, Lines of Credit, Credit Cards and overdrawn Deposit Accounts. Interact with customers via outbound calls, inbound calls and email correspondence. Collaborate with direct management, business customers, risk management, sales and branch reps, relationship and regional management to determine solution. Initiate direct contact with business customers and all guarantors assessing the prospect of repayment; make recommendations for short-term change to repayment schedules, and other solutions, and transfer to Workout/Special Assets as necessary. Collect business and financial statements; review business’ historical performance with management to determine the best solution to mitigate risk/loss at the total “Customer Relationship” level. Provide thorough documentation supporting business recommendations to managers surrounding repossession, legal referrals, non-accrual, workout, Special Asset transfer and/or charge-offs. Investigate and conduct skip tracing as required. Provide on the job training for Collection Specialists. Guide co-workers on more complex research issues. Responsible for the handling of all products serviced as a result of cross-training. Keep abreast of business and market trends that may affect portfolio performance. 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. Promote an environment that supports belonging and reflects the M&T Bank brand. Complete other related duties as assigned. Scope of Responsibility: Large percentage of time spent on the phone with customers. Work under limited supervision. Education and Experience Required: A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Commercial, Revolving Credit or Overdraft collections experience. Experience in collateral equity analysis. Knowledge of Uniform Commercial Code (UCC) and Mortgage loans and financial statement reviews. Experience with word processing, spreadsheet and presentation software. Detail oriented. Strong verbal and written communication skills. Proficient in all Business Banking products. Education and Experience Preferred: Bachelor’s degree. Three years’ Commercial, Revolving Credit or Overdraft collections experience. Knowledge of Bankruptcy, UCC, and Real Estate collateral, financial analysis and defaulted loans legal processing. Knowledge of M&T Bank systems. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.94 - $34.91 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Getzville, New York, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at [email protected] for assistance. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace. HR Career Site Privacy Notice Apply Job! 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