Title: Commercial Service Support Specialist
Location: One Light Street, Baltimore, MD
Key point of contact for internal or external customers during the loan closing process to promote consistency in how loans are documented and associated due diligence requirements are satisfied.
Prepare loan closing package for funding and archiving and ensure that the loan package(s) complies with the associated credit approval(s). Follow loan policy to include validating the KYC status of the customer as well as related conditions precedent to closing prior to funding of the loan.
Understand background and become acquainted with the loan document requirements at an early stage, typically through conversations with the relationship team (e.g. Group Manager, Relationship Manager, Portfolio Manager).
Possess knowledge and validate entity documents to ensure customers are in good standing/registered properly.
Order and review due diligence from internal and third party vendors and request loan documents for all types of loans including commercial, commercial real estate, construction, letters of credit, etc.
Assist in determining and engaging approved external legal counsel with Relationship Manager; ongoing communications with external legal counsel and customer, etc.
Follow all current processes/procedures regarding loan closing process, including completing internal checklists.
Communicate effectively with third party vendors, customers, Relationship Managers, and other internal partners to address discrepancies/issues found during due diligence/loan closing review process.
Schedule closing date with external legal counsel, customer, and Relationship Manager.
Understand customer entity structures to validate proper customer signatures on legal documentation.
Maintain a current working knowledge of all internal policies and procedures as well as laws and regulations relating to loan documentation.
Verify that all fees are accurate and collected based on loan type and underwriting approval.
Assist in implementation of procedural and regulatory changes related to this body of work, including the planning, introduction, and evolution of new/modified systems or procedures.
Possess the ability to meet deadlines with multiple requests and the potential for 'last minute' modifications while delivering high quality service to both internal and external customers, while ensuring accuracy and timeliness of delivery.
Communicate effectively with other departments in the Bank and work as a team player to establish exemplary partnerships with all co-workers and create a positive team environment.
Maintain a cooperative and professional manner with internal and external customers.
Continue personal educational development.
Perform all other duties as assigned by the Department Manager.
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 diversity and reflects the M&T Bank brand.
Nature and Scope:
Incumbent is a liaison between lenders, attorneys, internal legal and document preparation departments and others as may be needed to meet loan closing deadlines and resolve relevant issues.
Incumbent works as part of the account relationship team to build strong customer relationships while preserving the Bank's strong credit culture each component critical to the success of our customers and company.
Incumbent must be able to plan, organize and produce results; as well as provide technical, functional and operational expertise in department work policies and procedures.
Position requires a thorough knowledge of business, applicable regulations and affiliated technology.
Position has some uncertainty with established parameters for solutions, and possesses moderate risk to organization.
Minimum Qualifications Required:
Bachelor's degree in applicable field, plus a minimum of 2 years' Commercial Banking and Customer Service experience, or in lieu of a degree, a combined 6 years' higher education and/or work experience, with a minimum of 2 years' Commercial Banking and Customer Service experience.
Knowledge of required legal documentation, loan structure, commercial real estate, paralegal experience helpful.
Experienced in lending operations to include commercial loan approvals.
Proficiency with personal computers as well as pertinent software packages.
Ideal Qualifications Preferred:
Knowledge of applicable products, systems and workflows.
Excellent attention to detail.
Excellent verbal and written communication skills.
Ability to work individually as well as a member of a team.
Self-motivated, well-organized individual.
Ability to work under time constraints and handle multiple tasks in support of various assignments.
Ability to function professionally at many different levels (clients, management, and peers).
Strong interpersonal skills necessary for business partner relationships within and outside organization.
Solid knowledge of unit/department policies and procedures.
We encourage candidates with relevant military experience to apply.
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.