Credit Products Flood Insurance Specialist
Core
Assessing and validating Make, Increase, Renewal or Extension (MIRE) events in Corporate Banking to ensure adequate flood insurance compliance with the Flood Disaster Protection Act (FDPA).
Role type
Compliance specialist (flood insurance)
Builds
Regulatory compliance for corporate banking loan portfolio
Domain
Banking / Insurance / Regulatory Compliance
Deliverable
client delivery
Required skills
Flood insurance requirements knowledge, loan documentation processing, flood zone determination, claim research, regulatory research, life of loan monitoring
Preferred skills
Bachelor's Degree, prior FDPA experience
Technologies
Systems of record
Responsibilities
Manage and complete flood due diligence items, obtain and evaluate information for flood zone determinations, calculate adequate flood insurance coverage, validate life of loan monitoring, evaluate claim research, conduct research of laws and regulations, serve as subject matter expert on flood regulations
Seniority
Mid-level, hands-on IC