Attorney – Mortgage Banking Servicing Operations

Attorney – Mortgage Banking Servicing Operations

Requirements

• J.D. from an accredited law school.
• New York State or applicable state bar admission.
• 2-5 years of experience practicing law.
• Ability to identify legal issues, evaluate legal risks, and offer solutions.
• Strong negotiation, interpersonal, organizational skills.
• Excellent writing, analytical and verbal skills.
• Strong analytical and decision-making skills.

Responsibilities

• Partner with members of the Legal Department to support the Associate General Counsel responsible for overseeing legal support for the Residential Mortgage Division.
• Support the performing residential mortgage servicing operations and the default residential servicing operations of the Customer Asset Management department.
• Support the servicing operations with respect to performing and non-performing first lien and Home Equity Line of Credit (HELOC) residential mortgage servicing.
• Provide legal advice to M&T’s Residential Mortgage Division with respect to operations, compliance programs and business line policies and procedures, including required customer facing agreements, documents and disclosures.
• Partner with M&T’s Litigation Department in addressing and responding to legal actions filed against M&T’s Residential Mortgage Division.
• Work with and oversee outside counsel retained to provide assistance to M&T’s Residential Mortgage Division.
• Partner with M&T’s compliance, risk and audit groups to support M&T’s Residential Mortgage Division.
• Keep colleagues, manager, senior management and other personnel up to date on pertinent legal and regulatory developments, including legal risks.

Preferred Qualifications

• 4-7 years of experience practicing law, ideally as in-house counsel at a bank/financial services organization or with a law firm.
• Experience in residential mortgage/mortgage servicing related law ideal.
• Contract drafting experience, especially contracts related to mortgages.