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. 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 Skills 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 Associate's degree Previous experience in customer service, customer-facing, collections, call center or sales Knowledge of M&T Bank systems Company Overview Great companies have an enduring sense of purpose. It was founded in 1856, and is headquartered in Buffalo, New York, US, with a workforce of 10001+ employees. Its website is Company H1B Sponsorship M&T Bank has a track record of offering H1B sponsorships, with 116 in 2025, 113 in 2024, 84 in 2023, 103 in 2022, 42 in 2021. Please note that this does not guarantee sponsorship for this specific role.