Hoover, AL, USA
19 days ago
Credit Products Flood Insurance Specialist

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Credit Products Flood Insurance Specialist will be responsible for assessing and validating Make, Increase, Renewal or Extension (MIRE) events in the Corporate Banking Group for adequate flood insurance in accordance with the Flood Disaster Protection Act (FDPA).  Each event is reviewed for completion and accuracy of flood due diligence in a fast pace, regulatory and compliance-focused, production environment.

Primary Responsibilities

Manages and completes flood due diligence items in a timely and accurate mannerWorks with system of record to ensure accuracyObtains and evaluates all relevant information used in completing Flood Zone DeterminationsCalculates and determines adequate flood insurance coverage requirementsValidates proper life of loan monitoring is in place for correct clientActs as the main point of contact on flood insurance and coverage requirementsEvaluates claim research performed in response to borrower submissions by following established processes and procedures and includes reviews of client histories, imaged documents and information available from systems of record and other sourcesServes as an emerging subject matter expert on flood regulationsEstablishes partnership with line of business associates and consults on issues related to flood regulationsConducts research of laws and regulation that impact the businessMay work on basic projects with assistance and oversight of senior staff

This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

High School Diploma or GEDFive (5) years of related loan documentation and processing experienceProficient knowledge of flood insurance requirements

Preferences

Bachelor’s DegreePrevious experience working with flood insurance in accordance with the Flood Disaster Protection Act (FDPA)

Skills and Competencies

Ability to meet deadlines and prioritize workDetail orientedGood analytical and problem-solving skillsGood organizational and communication skillsKnowledge of flood compliance guidelines and regulationsKnowledge or sales contracts, appraisals, and applicationsStrong knowledge of the business

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$48,710.00 USD

Median:

$62,220.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.


https://www.regions.com/welcometour/benefits.rf

Location DetailsRiverchase Complex North Building

Location:Hoover, Alabama

Bring Your Whole Self to Work  

   

We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work and thrive is the right thing to do.

   

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Confirm your E-mail: Send Email