Loan Services Flood Compliance Reviewer
FitzGerald Financial Group - Division of TowneBank Mortgage•Suffolk, VA
•$45,250 - $57,500•Onsite
About The Position
TowneBank is a relationship and friendship driven local bank focused on basic human values that will serve to create a warm sense of belonging and financial well-being among our family of members. We are seeking a Loan Services Flood Compliance Specialist to assist in the protection and validation of Flood Insurance for Towne Bank Loans.
Requirements
- High School graduate or equivalent or compensating work experience in a financial institution for 2-3 years
- Must be efficient, thorough, and work well on your own and with co-workers
- Must possess a willingness to help others at any time
- Strong written and oral communication skills are a must when talking or emailing
- Must be able to work in a fast-paced environment and work well under pressure to meet deadlines
- Must have some knowledge and experience with loan documentation
- Computer experience (Word and Excel)
Nice To Haves
- Experience using Baker Hill Advisor, FIS Insight, FIS Image Center and Core Logic
- Previous work experience in a bank or finance company lending area
- Insurance experience is necessary and preferred
- Good understanding of the flood regulations and it’s requirements
Responsibilities
- Assist with pulling daily flood monitoring expired report
- Assist in the daily review of the flood insurance approval process
- Assist with the daily monitoring of the Core Logic Flood Determination Report
- Assist with flood map changes and submitted by the bank’s vendor from time to time
- Assist with the weekly Flood Insurance Report for new loans booked and verify information on core system
- Required to work with insurance companies and provide updates to mortgagee clause, loan number and request updated policies when applicable.
- Send member communication with regards to expired or cancelled policies
- Assist loan officers and their assistants with questions regarding their members flood insurance policies
- May assist with internal and external department audits
- Review all flood insurance mail and update Flood Tracking on core system
- Assist with the BPI- LCA Flood Review workflow
- Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
- Other duties as assigned.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
