Credit Products Flood Insurance Specialist
Core
Assessing and validating Make, Increase, Renewal or Extension (MIRE) events in Corporate Banking for adequate flood insurance in accordance with the Flood Disaster Protection Act (FDPA).
Role type
Compliance specialist (flood insurance)
Builds
Flood insurance coverage compliance for corporate banking clients
Domain
Banking / Regulatory Compliance
Required skills
Flood insurance requirements knowledge, Loan documentation processing, Regulatory compliance, Claim research, Systems of record management
Preferred skills
Bachelor's Degree, Prior FDPA experience
Technologies
Systems of record
Responsibilities
Manages and completes flood due diligence items, Obtains and evaluates information for Flood Zone Determinations, Calculates adequate flood insurance coverage, Validates life of loan monitoring, Evaluates claim research, Conducts research of laws and regulations
Seniority
Mid-level, hands-on IC