Consumer Lending Associate I (Hybrid)

Posted 5 Days Ago
Be an Early Applicant
Altoona, PA
Entry level
Other
The Role
The Consumer Lending Associate I is responsible for reviewing loan documentation for compliance and accuracy, securing collateral, auditing documents, communicating errors, processing transactions, and assisting customers with account-related issues, all while adhering to regulatory and internal standards.
Summary Generated by Built In

Overview:

Responsible for reviewing loan documentation for accuracy and compliance to regulatory requirements and for properly securing collateral for the bank.

Location: This person will be required to report into our Altoona, PA office on a hybrid model.

Hours: Must have full-time availability to work 8AM - 5PM Monday-Friday.

Primary Responsibilities:

  • Responsible for any or all of the following:
  • Audit loan documents received from originating source for accuracy and compliance to regulatory requirements.  Communicate to originating source any errors contained within the documents.  Prepare daily balance of batch work to mainframe systems.  Prepare documentation to secure collateral interest for the Bank.
  • Determine and prepare appropriate documents (i.e. appraisal, title flood, insurance, bankruptcy, auction) and submit request to designated agency Perform scheduled follow-up process to ensure documents are received in a timely manner.
  • Review collateral insurance qualification for impacted collateral, and determine appropriate steps in claims processing procedure.
  • Research and process routine monetary transactions.  Communicate with external department to acquire documentation required in research process.
  • Perform in-depth customer service functions.  Assist internal and external customers with detailed issues relative to specific account information, monetary transactions, or required account documentation.
  • Validate transaction file for daily disbursement of funds to appropriate source.  Daily files to dealer sources exceed $10 million.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • 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.

Scope of Responsibilities:

Has contact with Automobile and Consumer Goods and Services dealers and vendors/outside agencies.

Education and Experience Required:

High School diploma or equivalent and one year of relevant experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.00 - $25.76 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

LocationAltoona, Pennsylvania, United States of America

The Company
HQ: Spring, TX
10,001 Employees
On-site Workplace

What We Do

Waste Connections, Inc. is an integrated solid waste services company that provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the U.S. and Canada. Through its R360 Environmental Solutions subsidiary, the Company is also a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the Permian, Bakken and Eagle Ford Basins. Waste Connections serves more than six million residential, commercial, industrial, and exploration and production customers from a network of operations in 39 states, six provinces and the District of Columbia. The Company also provides intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.

Our corporate strategy targets secondary and suburban markets that have strong demographic growth trends and where competitive barriers to entry can be developed. We seek to avoid highly competitive, large urban markets and target markets where we can provide either non-integrated or integrated solid waste services under exclusive arrangements, or markets where we can be integrated and attain high market share. We are a leading provider of solid waste services in most of our markets, and approximately 50% of our revenues are derived from market areas where we have franchise or exclusive rights to provide our waste services.

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