Operations Associate III vacancy at M & T Bank in Buffalo

M & T Bank is currently interviewing Operations Associate III on Wed, 04 Sep 2013 20:53:55 GMT. Operations Associate III - 3CP3J Description : Company Overview: Together, M&T Bank and Wilmington Trust, a part of M&T Bank Corporation, represent one of the country’s leading depository and lending franchises, a premier wealth advisory firm, and the partner of choice for corporate transactions and structures. As one of strongest, most successful companies in the U.S. financial services...

Operations Associate III

Location: Buffalo, New York

Description: M & T Bank is currently interviewing Operations Associate III right now, this vacancy will be placed in New York. More details about this vacancy opportunity please read the description below. -

3CP3J

Description

:

Company Overview:
Together, M&T Bank and Wilmington Trust, a part of M&T Bank Corporation, represent one of the country’s leading de! pository and lending franchises, a premier wealth advisory firm, and the partner of choice for corporate transactions and structures. As one of strongest, most successful companies in the U.S. financial services industry, M&T continues to grow, offering value to our shareholders and opportunity to qualified professionals. Join our team of over 15,000 professionals and you’ll understand what drives our longstanding success: a promise of exceptional client service, a commitment to our communities, and a focus on building long-term relationships, and a dedication to being the best employer you’ll ever have.

The Opportunity:
The Regulatory Support area performs Operational tasks associated with the IRS Year End reporting (1099) process, Regulatory mailings and the escheatment of Unclaimed Property. The tasks are clerical in nature and require good data entry skills and ability to research and make moderate judgment decisions.

Primary Responsi! bilities:
Complete tasks associated with the escheatme! nt of abandoned funds/property (ABF) for all states

• Submit system requests throughout the year for reporting (i.e. exclusionary, status changes. etc.)
• Complete due diligence tasks (letter generation and advertising)
• Analyze reports and work with business partners on appropriate updates (status changes, restraint removals, exceptions, etc.)
• Balance ABF remittance report and solidify funding with appropriate business units for escheatment to state(s)
• Complete escheatment process
• Manage reclamation reimbursements for customers
• Research and respond to internal or external (states) inquires
• Contribute to the resolution of issues and provide support to management as required.
• Assists with data collection for management reporting

Perform tasks associated with the Year End process (IRS and RRS)

• Balance incoming business units data files with technology counterpart
• IRS file submissions for 1099 Int, 1099R, 1042s and 5498 (original reporting and corrections)

Responsible for performing tasks in a manner that are compliant with applicable laws and regulations and/or that serve to help the company be in compliance with laws and regulations that apply to the business line the position supports.

Responsible for multiple system, business and product lines.

Interact with internal partners and management for procedural issues.

Will work under moderate supervision and exercises reasonable judgment in performing duties.

Will have internal contacts with M&T departments and external contacts with attorneys, customers, vendors and outside agencies.

Minimum Qualifications Required:
High School or GED

Minimum two years relevant work experience

Good PC skills with knowledge of MS Office products and departmental software

Moderate problem solving skil! ls

Math skills necessary

Sets examples for others wit! h a strong work ethic

Supports cross training activities and the ability to work in a team environment

Demonstrated oral and written communication skills

Good organizational and customer service skills

Ideal Qualifications Preferred:
Associate’s Degree

Three or more years of office experience

Strong Microsoft Excel skills

M&T is among the top 20 U.S.-based commercial bank holding companies with more than $79 billion in assets and more than 780 branches in New York, Maryland, Pennsylvania, Virginia, Delaware, New Jersey, West Virginia, Florida and Washington D.C. With more than 150 years of experience, M&T Bank is committed to be the best company our employees ever work for, the best bank customers ever do business with and the best investment our shareholders ever make.

Apply today at

www.mtb.com/careers

!

Primary Location

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New York-Buffalo-285 ! Delaware Avenue

Schedule

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Full-time

Job Posting

Sep 4, 2013, 10:57:26 AM

Unposting Date

Ongoing
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If you were eligible to this vacancy, please deliver us your resume, with salary requirements and a resume to M & T Bank.

Interested on this vacancy, just click on the Apply button, you will be redirected to the official website

This vacancy will be opened on: Wed, 04 Sep 2013 20:53:55 GMT

Apply Operations Associate III Here