M&T Bank · 6 hours ago
Collections Specialist I
M&T Bank is a leading financial institution, and they are seeking a Collections Specialist I to manage an assigned portfolio for open or non-performing assets. The role involves contacting consumers with past due accounts, arranging payment alternatives, and adhering to compliance standards.
Financial Services
Responsibilities
Initiate contact with consumer borrowers that are in the early stage of delinquency; assess the prospect of repayment, and arranging repayment schedules or other solutions such as: Loan Workout, Alternative Lending, Consumer Credit Counseling Services, Reages, or Extensions
Document outcomes of all calls
Accept inbound calls from various internal departments as well as customers; respond to questions regarding all Consumer products at various stages of delinquency
Identify suspect situations (i.e. fraud, lack of insurance) and investigate exposure, escalating issues to management along with recommendation of course of action
Utilize internal collections systems and accounting systems for all loan types. Identify and resolve problematic account situations where appropriate referring more complex problems to the supervisor and understand the workflow necessary for account maintenance/corrections
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies
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
Qualification
Required
High School diploma/GED plus a minimum of 1 year relevant work experience
Experience with word processing, spreadsheet and presentation software
Detail oriented
Strong verbal and written communication skills
Preferred
Associate's degree
Previous experience in customer service, customer-facing, collections, call center or sales
Knowledge of M&T Bank systems
Company
M&T Bank
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H1B Sponsorship
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2025 (116)
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2021 (42)
Funding
Current Stage
Late StageLeadership Team
Recent News
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