Opportunity Description
**Overview:**
Responsible for supporting a variety of functions in the Consumer Lending and/or Business Banking Workout groups including, but not limited to, handling accounts in the legal process, repossession, foreclosure or bankruptcy processing. Serves as a key contact for both internal and external counsel.
**Primary Responsibilities:**
Collaborate with Workout personnel and outside counsel to establish effective legal strategy while maximizing cost containment opportunities.
Initiate direct contact with business partners and vendors to ensure services provided are meeting predetermined service level agreements.
Collaborate with counsel and business partners to negotiate sale and settlement agreements.
Monitor workout strategies in use, as well as associated expenses, to ensure adequate protection for M&T with respect to its interest in the collateral, and expected net return.
Review collateral condition and establish asset value, monitor ap...
Responsible for supporting a variety of functions in the Consumer Lending and/or Business Banking Workout groups including, but not limited to, handling accounts in the legal process, repossession, foreclosure or bankruptcy processing. Serves as a key contact for both internal and external counsel.
**Primary Responsibilities:**
Collaborate with Workout personnel and outside counsel to establish effective legal strategy while maximizing cost containment opportunities.
Initiate direct contact with business partners and vendors to ensure services provided are meeting predetermined service level agreements.
Collaborate with counsel and business partners to negotiate sale and settlement agreements.
Monitor workout strategies in use, as well as associated expenses, to ensure adequate protection for M&T with respect to its interest in the collateral, and expected net return.
Review collateral condition and establish asset value, monitor ap...
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