• Flood Compliance Administrator

    Job Location US-TX-Richardson Operations Center
    ID
    2018-3489
    Location: Address
    2350 Lakeside Blvd
    Category
    Operations
  • Overview

    At Texas Capital Bank, we are driven by a single-minded and unwavering mission: to serve business and the individuals who run them. We use a consultative approach and innovative technologies to develop new ideas that give the bank and our clients a competitive advantage. We partner with our customers to push the boundaries of what’s possible—together.

     

    Headquartered in Dallas, Texas Capital Bank has offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, and we serve clients in a variety of industries from coast-to-coast.

     

    We are on the Forbes Best Banks in America list, and were named a top place to work by The Dallas Morning News, Houston Chronicle and San Antonio Express-News. For further information, please visit us at www.texascapitalbank.com.

    Responsibilities

    • Organize, continually update and administer comprehensive flood compliance requirements
    • Maintain knowledge of flood compliance regulations and associated changes
    • Provide flood information review for business units during origination process and give guidance on requirements to avoid exceptions or delays
    • Perform ongoing monitoring and tracking of flood insurance requirements for all loans in accordance with bank policies and procedures
    • Coordinate with insurance providers to obtain appropriate flood documentation as required
    • Communicate any discrepancies related to flood insurance requirements with the appropriate business unit and perform force placement of flood insurance as required
    • Coordinate with Compliance Advisory group on changes or updates to existing procedures or policies
    • Prepare and provide flood related information for any internal or external audits as well as responses to any findings
    • Ensure a satisfactory rating for external audits
    • Monitor the ongoing pipeline for loans to identify flood property loans and begin the coordination with the respective business unit
    • Act as a subject matter expert on flood insurance requirements and provide guidance to other employees involved in complying with flood regulations
    • Occasionally perform funding reviews for daily commercial loan requests, working with Relationship Managers and Relationship Associates to correct documentation deficiencies prior to approving funding
    • Fund loans via Wire Transfer, drafts or approval funding
    • Perform recordation of UCC-1’s and UCC-3’s
    • Responsible for insuring file room standards and security of negotiable collateral under dual control procedures
    • Cross-train in various Loan Operations functions to assist during peak times

     

    Qualifications

    • Minimum of five years of commercial loan operations or loan-related banking experience required, including a minimum of three years of commercial loan documentation, commercial loan funding and/or collateral tracking experience
    • Minimum of three years prior experience administering flood compliance regulations on new and renewed commercial loans, including initial funding requirements and ongoing insurance requirements
    • Prior experience must include personal responsibility for reviewing closed loan packages and approving package for disbursement of funds 
    • Demonstrated knowledge of flood insurance regulations and ability to apply regulatory knowledge to flood compliance processes
    • Ability to effectively communicate flood requirements to senior management, Loan Operations staff, compliance and audit partners including documentation deficiencies 
    • Must have superior knowledge and understanding of business entity document requirements and perfection of various collateral liens, including a working knowledge of consumer real estate compliance requirements
    • Experience with collateral tracking software, AFS Level III and/or ACBS commercial loan software and document imaging software preferred
    • Proficiency with MS Excel, MS Outlook, and MS Word applications
    • Ability to thrive in a fast-paced environment; must be willing to work extended hours during peak times such as month-end and quarter-end
    • Demonstrated ability to work collaboratively with all levels of employees to resolve issues relative to documentation requirements
    • A superior customer service mindset when working with both internal and external personnel, including bank vendors when applicable
    • Must demonstrate personal accountability for tasks within area of responsibility

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed

    Connect With Us!

    Don’t see the perfect opportunity? Connect with us and we will reach out if a new job opening matches your background and interests.