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Company: City National Bank
Location: Los Angeles, CA
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.

The Opportunity

The role is responsible for Bank policies and procedures for all Insurance/flood insurance compliance. Ensures that flood insurance tracking is in conformity with regulatory/government requirements.

The Responsibilities

  • Coordinates efforts with other business units to identify and resolve processing issues.
  • Interaction with Bank management, insurance tracking vendors and collaborates with the Compliance Department and Legal in the overall administration of the related directives for the Bank.
  • Participates in audits and examinations on behalf of the CLC flood Insurance Department.
  • Assures compliance with assigned Bank policies and procedures, as well as, with the applicable state and federal banking regulations, including FDPA and Credit Policy.

The Qualifications

  • Minimum 6 years experience working in insurance and/or Banking environment with emphasis on commercial loans required.
  • Ability to read, understand and analyze insurance policies, loan documents and credit approval memo to ensure compliance with the Bank's requirements
  • Ability to set policy, influence change and articulate insurance matters/decisions throughout the Bank
  • Knowledge of insurance industry terminology required.
  • Working knowledge of Microsoft Word/Excel would be required.
  • Ability to interact in an effective and professional manner with internal and external contacts.
  • Excellent verbal/written communication skills required.
  • Good math skills are a must.
  • Proficient personal computer skills required.

This is the pay range that Magnit reasonably expects to pay for this position: $47.25/hour - $50.62/hour

Benefits: Medical, Dental, Vision, 401K


QUALIFICATION/LICENSURE
Work Authorization : US Citizen
Preferred years of experience : 2 years
Travel required : No travel required
Shift timings :


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