Job Description
Overview: Serve as a member of a middle office team responsible for supporting the reconciliation, documentation and execution of Investment Banking transactions. Review and reconciliation of monetary/reporting features related to Loan Participation/Syndication Administration and Processing, with a focus on more complex items, and effectively conveys pertinent information and issues escalations to all business stakeholders. Primary Responsibilities: Perform detailed review of complex commercial documentation packages to monitor adherence to all laws, regulations, policies and procedures while creating and maintaining accurate system coding for accounting, billing and reporting. Research, resolve and respond to the most complex customer issues and provides guidance to the team on all issues. Ensures the timely and accurate execution of loan servicing and maintenance activities. Approve exceptions and make corrections as applicable. Ensures adherence to and keeps informed of laws, regulations, developments and trends in the commercial banking industry and maintains expertise in internal policies and procedures to continually identify necessary changes and updates to the systems and procedures to protect the asset quality of the organization. Aid in coordinating an efficient commercial loan closing and funding process including review for accurate documentation package for internal approval to close and onboarding into the bank’s systems. Monitor and review payments, advances, payoffs, rate changes, and other maintenance related to these transactions as well as complex non-accrual and charge-off transactions for portfolio. Calculates and processes manual periodic settlements of swinglines and sweep related transactions. Balances accrual, billing and general ledger accounts and systems. Maintains accurate accounting of all syndicated and participated loans. Works with customers, lending regions, internal departments, and other banks/investors to resolve syndication and participation differences, manually recalculating loan histories and splits to investors if needed. Assist and reconcile Syndicated Sales team with funding memo calculations and payoffs for existing deals. Validate wire funds for investors as part of closings and netted or incoming wires from participants. Liaison with Technology on projects and vendor management needs. Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management. 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. Education and Experience Required: Bachelor’s degree and a minimum of 2 years’ related work experience, OR lieu of a degree, a combined minimum of 6 years higher education and/or related work experience. Experience with Microsoft Office Suite, especially Word, Excel and Outlook Excellent Math and Reading skills Superior Communication and Customer Service Skills Highly Organized Ability to multi-task and re-prioritize as needed, without losing focus on all tasks Loan Syndication, Fund Flows, Reconciliation, Funding, Credit Arrangements, Closing Education and Experience Preferred: Commercial loan customer service and/or commercial loan documentation experience AFS level 3 and/or AFS Vision System Knowledge Reconciliation/Accounting/Loan Document Review #LI-LA1 M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $62,200.00 - $103,600.00 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 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. Career Site Privacy Notice
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