Bank of the West Flood Insurance Program Manager in St. Paul, Minnesota
Flood Insurance Program Manager
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
The Flood Insurance Program Manager is responsible for activities and insurance monitoring related to the bank’s flood insurance program to protect the bank’s interest. Responsible for managing the efficient execution of centralized compliance functions and practices at the group or corporate level. Identifies and remains abreast of laws, regulations and regulatory guidance related to a specific regulation (i.e., AML, OFAC, Fair Lending, or other Banking regulation). Ensures centralized operational practices are accurately documented in procedures to transparently demonstrate satisfaction of compliance rules. This includes monitoring the compliance control process, all while ensuring that the business activities are performed in accordance with applicable laws, regulations and best practices.
Essential Job Functions
Manages a team of staff responsible for regulatory and/or program activities related to Bank regulations.
Develops and provides reporting resulting from monitoring or program activities.
Monitors and tracks recommendations for enhancements to policies, processes, procedures or controls from external examinations, internal audits or compliance testing.
Leads and provides subject matter guidance to implement changes to polices, processes, procedures or controls.
Oversees projects or ongoing control process or continuous monitoring process relating to controls that ensure compliance with one or more regulatory requirement so
Interacts with external examiners and coordinates with internal audit and Corporate Compliance Testing within position’s area of focus.
Other Job Duties
- Performs other duties as assigned.
Bachelor’s Degree and/or equivalent work experience
Requires 10 years minimum prior relevant experience with flood insurance practices along with experience working with organizational insurance procedures and policies
Knowledge in the requirements of the Flood Disaster Protection Act and all implementing regulations
- Bachelor's Degree Business or Finance
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Job: Risk Management
Location: United States-Arizona-General AZ
Other Locations: United States-Illinois-General IL, United States-Wisconsin-General WI, United States-Minnesota-General MN, United States-Missouri-General MO, United States-North Dakota-General ND, United States-Iowa-General IA, United States-Kansas-General KS, United States-Nevada-General NV, United States-Wyoming-General WY, United States-Washington-General WA, United States-Oklahoma-General OK, United States-Idaho-General ID, United States-Utah-General UT, United States-Colorado-General CO, United States-Georgia-General GA, United States-Ohio-General OH, United States-New Mexico-General NM, United States-South Dakota-General SD, United States-Texas-General TX, United States-Oregon-General OR, United States-California-General CA, United States-Nebraska-General NE
Requisition ID: 053456