Job Information
Stockman Bank of Montana FLOOD COMPLIANCE SPECIALIST in Miles City, Montana
We are looking for an entry level Flood Compliance Specialist to join our team. A successful candidate will have ability to maintain direction in a fast paced highly productive environment. Must be organized, goal oriented, and have the ability to work independent as well as with a team. This and all Stockman positions expect exceptional service to both internal and external customers. Read the position description below then continue to the application.
Job Description:
The person in this entry level position is responsible for providing technical compliance assistance to lenders and lending staff to assist all lending staff in complying with the Flood Disaster Protection Act. General duties will include assisting in the development and implementation of flood insurance related policy and procedures as they relate to all portfolio loans.
In additional to the primary responsibility of providing flood insurance support, the person in this position will provide back up assistance to the Real Estate Compliance Specialist and the Compliance Officer - Lending by providing support to lending staff in other regulatory areas, including but not limited to the following:
Regulation Z - Truth in Lending Act (TILA) and Higher Priced Mortgage Loan (HPML) requirements
Real Estate Settlement Procedures Act (RESPA)
FLOOD SUPPORT DESK
a. Responsible for the overall management of the Flood Support Desk, which includes all aspects of the flood insurance process from ordering of flood determinations, evaluating completed determinations and assisting lenders determine if flood insurance is required and reviewing flood insurance documentation for compliance.
b. Ensure all required documentation is accurate before a loan is made, increased, renewed or extended, and that same documentation is scanned to the host system for electronic access.