M&T Realty Capital Corporation is a wholly-owned subsidiary of M&T Bank. As a full-service mortgage banking company, we specialize in providing competitive financing nationwide for commercial real estate.
Overview:
Provides advanced level support to the Commercial Loan Insurance Unit by ensuring that customer's insurance coverage meets investor requirements as well as the accuracy and timeliness of insurance premium payments.
Primary Responsibilities:
- Determines borrowers' insurance requirements based on investor guidelines.
- Pays insurance premiums from escrow funds or obtains paid receipts from customers.
- Prepares audits of customers' insurance coverage under supervision of the Insurance Compliance Officer, including completing any necessary limit analyses and drafting waivers.
- Follows up with Asset Managers, Insurance Agents and Brokers regarding customers' insurance issues.
- Keeps FICS loan database and department files up to date with current insurance information.
- Works with front end including Closing Department regarding insurance compliance relative to new loans.
- Works with front end and Asset Management regarding tax issues relative to new loans and servicing portfolio.
- Takes lead responsibilities in training additional staff
- Completes special projects as assigned.
- Performs related routine duties, i.e. copying, scanning, filing, correspondence, etc.
- Complete other duties as assigned
Why Choose MTRCC:
- We are 1 of 5 US-based lenders offering Fannie Mae, Freddie Mac, FHA, bridge loans, life company, debt funds and other capital source relationships
- Our parent company, M&T Bank, is one of the largest commercial real estate lenders in the United States. We leverage the power of our balance sheet and other financial services to provide a wide array of resources to fit our clients’ needs.
- Approved Fannie Mae DUS® and Freddie Mac Optigo® lender since 1989
- One of the nation’s leading firms providing FHA-insured multifamily mortgages and an approved MAP lender with 30+ years of experience
- We offer a competitive Multifamily Bridge Loan Program aimed at providing customers with shorter-term financing solutions as a bridge to closing on an agency or life company execution
- Our long-standing relationships with numerous life insurance company investors gives us flexibility during the term of a loan
Education and Experience Required:
- Bachelor’s degree or the equivalent in relevant work experience to include a minimum of 5 years of previous Property and Casualty insurance experience. In lieu of a degree a combined minimum of 9 years higher education and work experience to include a minimum of 5 years previous tax, closing, asset management, loan administration or underwriting experience relating to multifamily/commercial real estate loan transactions; and/or minimum 5 years of previous Property and Casualty insurance experience.
Education and Experience Preferred:
- Previous Agency lending experience
- Experience with FHA, Fannie Mae and Freddie Mac guidelines
- Experience in reviewing commercial loan documents, title reports, surveys to determine loan collateral
- Experience with commercial multifamily property and liability insurance.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $79,184.45 - $131,974.08 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.Location:Baltimore, Maryland, United States of America
M&T Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&T Bank and has not been reviewed or approved by M&T Bank.
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Retirement Support — Retirement benefits are positioned as a strong pillar, including a 401(k) match and the possibility of an additional employer contribution, plus access to an employee stock purchase plan.
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Leave & Time Off Breadth — Time-off offerings are framed as competitive, with a flexible PTO approach and paid volunteer time called out as a meaningful add-on to standard leave.
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Wellbeing & Lifestyle Benefits — Wellbeing support appears comparatively robust, highlighted by mental-health therapy/coaching sessions and broader wellness programming alongside community-oriented perks.
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What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
