CAM Claims Processor III

Location: New York

CAM Claims Processor III page is loaded## CAM Claims Processor IIIremote type:
Hybrid Position locations:
Getzville, NYtime type:
Full time posted on:
Posted Todayjob requisition :
R81086#
** Overview:
** Submits conventional claims, reviews losses, and reconciles loans for final booking by Default Accounting.  Reviews claims filed for accuracy.##
*
* Primary Responsibilities:

*** Monitor daily reports outlining workflow and processing needed.
* Understand difference between the claim types:  Short Sales, Foreclosure Claims, Third Party Claims, Charge Off, Security Claims, Loss Mitigation Claims, and Deed in Lieu Claims.
* Process/file claims according to investor/insurer/statutory & regulatory guidelines within assigned service level agreements.
* Review and ensure all invoices are included with the claim.
* Research loan history for advances and deposits.
* Contact various internal departments for clarification on advances.
* Review and Consult with the Mortgage Insurance department regarding refunds. Review and consult with the Hazard department on the disbursement of hazard insurance proceeds.  Determine if refunds are needed.
* Respond to attorney loan level requests.
* Ensure system is updated accurately before moving the loan to the next phase of the Claim process.
* Review claims completed by processors for accuracy and submits to investor.
* Work with Foreclosure, Loss Mitigation, Bankruptcy, Evictions, Collections, Property Preservation, and others to reconcile the losses/book the losses.
* Reconcile loans for final loss allocation, approving the loss amounts. Reconcile loans for final refunds to investor or prior servicer.
* Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
* Promote an environment that supports belonging 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:
** This position interacts with internal M&T Bank departments and external third-party Attorney Firm vendors.##
** Education and Experience

Required:

** A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Default experience.

Organized and detail oriented.

Strong verbal and written communication skills.

Strong customer service skills.##
** Education and

Experience Preferred:
** 5 years’ Default experience.

Full processing knowledge of all disposition types.

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 $22.61 - $37.67 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.
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