Intern assisting in packaging development for major food industry company. Contributing to compliance analysis and audits while collaborating with engineering teams.
About the role
- This position is responsible for compliance with Flood Disaster Protection Act (FDPA) through analysis of real estate provided as collateral for loans within flood prone areas ensuring appropriate levels of flood insurance and adherence to regulatory timeframes set forth by the FDPA and Office of the Comptroller of the Currency (OCC).
- Orders flood determinations and reviews to determine if the collateral is in a special flood hazard area requiring flood insurance.
- Utilizes collateral valuation details such as appraisals, hazard insurance policies or municipal assessments to complete Flood Calculation Worksheets to establish regulatory minimum level of flood coverage required.
- Corresponds with flood determination and force place insurance vendors on a daily basis to ensure the information received is accurate and insurance coverage requirements are appropriate.
- Conveys insurance coverage requirements to customers, Commercial Relationship Managers and business line support to ensure protection of bank collateral and adherence to regulatory requirements.
- Monitors loan collateral insurance coverage including insurance expiry dates to ensure coverage is maintained by the borrower.
- Researches and communicates FEMA mapping changes to customers, which may cause changes to coverage requirements.
- Works closely with the customer to resolve issues and validates the appropriate insurance is obtained.
- Reviews cancellations and renewals for appropriate coverage in a timely manner.
- Follows FDPA prescribed timelines to prepare 45 day notice to customer of flood insurance coverage change or cancellation.
- Obtains the appropriate levels of force placed insurance when necessary, providing all regulatory notices to the customer.
- Reviews monitoring reports to ensure data integrity.
- Creates and maintains Flood Insurance files to ensure accurate and complete records of all flood related activities and for use in compliance reviews by audit examiners.
- Adheres to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies.
Requirements
- High School diploma or equivalency required.
- 2 years relevant experience.
- Ability to read and interpret basic legal documents, real estate appraisals, evaluations and regulatory requirements.
- Ability to manage multiple priorities within tight deadlines and maintain a high level of accuracy in a multi task environment.
- Strong written and verbal communication skills to communicate effectively and clearly with a broad range of external clients and vendors as well as employees throughout the organization.
- Ability to remain calm, courteous and professional when handling difficult customer conversations.
- Must be able to work well in a team environment.
- Strong PC skills required, including spreadsheets, word processing and internal software. Ability to learn to use specific applications as needed.
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Job title
Job type
Experience level
Salary
Degree requirement
Location requirements
NE
NestleCompliance Manager
Compliance Manager responsible for quality assurance and compliance at Nestlé's Marton Factory. Leading a team to uphold food safety and hygiene standards in a key manufacturing role.
KT
Kafea TerraEUDR Compliance Coordinator
EUDR Compliance Coordinator ensuring Kafea Terra’s compliance with EU Deforestation Regulation. Role involves collaboration across Operations, IT, Legal, Finance, Supply Chain, and Marketing teams.
KA
Compliance Data Specialist role focused on data extraction and analysis for regulatory compliance at Kantox. Collaborating with IT and compliance teams to ensure data accuracy and support regulatory obligations.
Associate role at Kroll supporting research and due diligence in compliance. Focused on onboarding and managing risks associated with clients and third parties.
Senior Director leading AML Network Surveillance Monitoring and Regulatory Strategy for Capital One. Oversee integrated team ensuring compliance with regulatory standards and effective operations across on - shore and off - shore groups.
EA
Euro AccidentIT Compliance Specialist
IT Compliance Specialist ensuring compliance with DORA and other regulations. Collaborating with IT and security teams for a secure digital environment.
Senior Compliance Risk Manager providing independent oversight of business products and compliance with NAIC regulations. Key role in ensuring adherence to legal requirements and influencing business solutions in financial services.
HT
Hex TrustSenior Compliance Officer – Manager
Senior Compliance Officer managing compliance operations for Hex Trust. Overseeing KYC, regulatory communications, and compliance activities for global expansion.
Senior Director leading the AML Network Surveillance Monitoring team at Capital One. Responsible for strategy development, regulatory alignment, and managing diverse teams across multiple locations.