Foreclosure Loss Specialist III

M&T Bank

. Perform high-risk administrative functions associated with the foreclosure process while safeguarding M&T's interest in the subject mortgaged property .

Posted 10/2/2026full-timeGetzville • New York • United StatesJuniorMid-Level💰 $23 - $38 per hourWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in Default Servicing, including Foreclosure Claims and Loss Mitigation, with strong analytical skills to evaluate foreclosure-related fees and recommend process improvements. Proficient in communication and collaboration with legal and operational teams to ensure compliance and effective recordkeeping.

Highest-signal resume keywords

Default Servicing ExperienceForeclosure Claims ManagementAnalytical Problem SolvingStrong Written And Verbal CommunicationLeadership Ability

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Foreclosure Process ManagementLoss MitigationData AnalysisRecordkeepingDocumentation ReviewTimelines DevelopmentFee EvaluationProcess ImprovementCompliance AdherenceOperational Risk Analysis

Soft Skills

Detail OrientedTeam CollaborationProfessional CommunicationTraining And Mentoring

Tools & Technologies

Word Processing SoftwareSpreadsheet Software

Industry Keywords

Mortgage ProductsHome Equity LoansEscrowCollectionsREOInvestor ReportingVendor ManagementQuality ControlProcedural ComplianceOperational Risk Controls

About the role

Key responsibilities & impact

Perform high-risk administrative functions associated with the foreclosure process while safeguarding M&T's interest in the subject mortgaged property
Research foreclosure files, court records, invoices, and supporting documentation to identify, investigate, monitor foreclosure reporting, and analyze loss events
Develop comprehensive timelines and detailed event narratives explaining foreclosure reporting and losses
Evaluate foreclosure-related fees, costs, advances, and expenses to determine validity, recoverability, and accountability
Assign losses to the appropriate responsible party based on documented findings, contractual obligations, and established guidelines
Work with foreclosure attorney firms to obtain explanations, documentation, and clarification regarding fees, costs, delays, procedural deficiencies, and foreclosure milestones
Conduct professional discussions with attorney firms regarding errors, omissions, performance concerns, and loss events
Analyze root causes of losses and identify trends or recurring issues that may increase financial or operational risk
Recommend corrective actions and process improvements to mitigate future losses
Ensure accurate recordkeeping, timely loss reviews, and adherence to reporting requirements
Partner with foreclosure operations, legal, investor reporting, vendor management, and quality control teams
Research, validate, and update loans on foreclosure exception reports
Conduct regular side-by-side sessions with the team to discuss loan-level issues and procedures
Review assigned loans, update documentation, and complete follow-up
Work with management to revise, update, and implement procedures; create new procedures
Gather departmental information and assemble presentations for investor, regulatory, and internal meetings
Adhere to applicable compliance and operational risk controls

Requirements

What you’ll need

A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Default Servicing related field experience (e.g., Collections, REO, Loss Mitigation, Foreclosure Claims)
Working knowledge of word processing and spreadsheet software
Strong written and verbal communication skills
Detail oriented
Strong analytical and problem solving skills
Ability to work effectively in a team environment
Preferred: 3 years’ Default Servicing related field experience
Preferred: Proven leadership ability
Preferred: Knowledge of bank and departmental systems
Preferred: Understanding of mortgage product including home equity loans and lines of credit, general operation and systemic functions including payment allocation and escrow
Preferred: Experience training new staff and implementing procedures and process changes