Flood Insurance Operations, Risk Management - Executive Director - JPMorgan Chase
Dallas, TX
About the Job
Join the team that provides the best flood insurance oversight in the industry.
As an Executive Director of the Flood & Insurance Center of Excellence (CoE) you will serve as the Head of the firmwide Flood Disaster Protection Act (FDPA) program, supporting both the Corporate & Investment Bank (CIB) and the Commercial & Community Bank (CCB). In this role, you will provide Insurance expertise for real estate related deal closing transactions, off balance sheet loans, Government Sponsored Entity loans, CMBS, insurance renewals, Flood and Insurance Assessment Tool (FIAT) enhancements, and provide guidance and training on insurance related topics. Additional responsibilities include industry engagement, partnering with Government Relations on FEMA & Congressional advocacy, and partnering with Vendor Management to provide insurance expertise with external insurance consultants, determination vendors and lender placed contracts.
If you are an outcome-focused leader, who fosters teamwork and has a proven ability to work across various business functions in a matrixed environment, this is the role for you.
Job responsibilities:
+ Partner with Government Relations in advocating for reform of the FDPA and insurance guidelines with the GSEs
+ Provide leadership advice on Flood and Insurance across multiple stakeholders to include Credit, Operations, Bankers/Producers, QA/QC, Compliance, Legal, Vendor Management, Governance and Exam Management
+ Consult and advise on insurance requirements proposed in various credit agreements, mortgages, leases, as well as insurance policy documents
+ Partner with Compliance on providing input to the firmwide Flood Insurance Policy; and with Credit on Commercial Real Estate Guidelines
+ Prepare written recommendations for Senior Management as a pre-condition to implementing new programs, enhancing data collection and FIAT enhancements as applicable
+ Serve as a liaison at control meetings, Flood Governance Committee meetings, and Action Plan Committee meetings
+ Provide expert guidance to internal sourcing teams with insurance provisions and requirements related to Flood and Insurance vendor contracts
+ Identify and communicate industry emerging trends in Flood, Insurance and lending operations and lead regular meetings with stakeholders to inform and discuss
+ Regulatory reporting owner for Flood; Product owner and expert for FIAT
+ Executive presence to GSEs, examiners, and audit
+ Partner with Credit and Operations to continuously improve processes across Flood and Insurance to ensure a controlled environment for compliance, speed to execution to allow for quick decisioning and to continuously improve the borrower and employee experience
Required qualifications, capabilities, and skills:
+ Bachelors degree with a concentration in insurance, risk management and/or insurance credentials (licensure, CPCU, CIS, ARM, etc.) and/or 15+ years working in insurance related roles
+ Expert level knowledge of a broad scope of insurance products, particularly Property, Casualty and Construction related insurance
+ Executive presence, comfortable interacting with, presenting to and influencing senior leaders, and external examiners
+ Proven success in collaborating and driving decisions with multiple stakeholders, including team members, operations, the business, legal, compliance and technology
+ Creative thought leader, exceptional problem solving and analytical skills with proven ability to provide structured conclusions to senior management
+ Ability to create a clear, simple and compelling documentation to external stakeholders
+ Proven leadership and influencing skills and ability to collaborate across a highly matrixed organization
+ Strong oral and written communication skills
+ Self-directed, highly organized, and detail oriented
+ Ability to set and manage accountabilities and expectations at all levels
+ Excellent relationship skills, highly collaborative - can build rapport and credibility quickly with all levels of the organization
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
As an Executive Director of the Flood & Insurance Center of Excellence (CoE) you will serve as the Head of the firmwide Flood Disaster Protection Act (FDPA) program, supporting both the Corporate & Investment Bank (CIB) and the Commercial & Community Bank (CCB). In this role, you will provide Insurance expertise for real estate related deal closing transactions, off balance sheet loans, Government Sponsored Entity loans, CMBS, insurance renewals, Flood and Insurance Assessment Tool (FIAT) enhancements, and provide guidance and training on insurance related topics. Additional responsibilities include industry engagement, partnering with Government Relations on FEMA & Congressional advocacy, and partnering with Vendor Management to provide insurance expertise with external insurance consultants, determination vendors and lender placed contracts.
If you are an outcome-focused leader, who fosters teamwork and has a proven ability to work across various business functions in a matrixed environment, this is the role for you.
Job responsibilities:
+ Partner with Government Relations in advocating for reform of the FDPA and insurance guidelines with the GSEs
+ Provide leadership advice on Flood and Insurance across multiple stakeholders to include Credit, Operations, Bankers/Producers, QA/QC, Compliance, Legal, Vendor Management, Governance and Exam Management
+ Consult and advise on insurance requirements proposed in various credit agreements, mortgages, leases, as well as insurance policy documents
+ Partner with Compliance on providing input to the firmwide Flood Insurance Policy; and with Credit on Commercial Real Estate Guidelines
+ Prepare written recommendations for Senior Management as a pre-condition to implementing new programs, enhancing data collection and FIAT enhancements as applicable
+ Serve as a liaison at control meetings, Flood Governance Committee meetings, and Action Plan Committee meetings
+ Provide expert guidance to internal sourcing teams with insurance provisions and requirements related to Flood and Insurance vendor contracts
+ Identify and communicate industry emerging trends in Flood, Insurance and lending operations and lead regular meetings with stakeholders to inform and discuss
+ Regulatory reporting owner for Flood; Product owner and expert for FIAT
+ Executive presence to GSEs, examiners, and audit
+ Partner with Credit and Operations to continuously improve processes across Flood and Insurance to ensure a controlled environment for compliance, speed to execution to allow for quick decisioning and to continuously improve the borrower and employee experience
Required qualifications, capabilities, and skills:
+ Bachelors degree with a concentration in insurance, risk management and/or insurance credentials (licensure, CPCU, CIS, ARM, etc.) and/or 15+ years working in insurance related roles
+ Expert level knowledge of a broad scope of insurance products, particularly Property, Casualty and Construction related insurance
+ Executive presence, comfortable interacting with, presenting to and influencing senior leaders, and external examiners
+ Proven success in collaborating and driving decisions with multiple stakeholders, including team members, operations, the business, legal, compliance and technology
+ Creative thought leader, exceptional problem solving and analytical skills with proven ability to provide structured conclusions to senior management
+ Ability to create a clear, simple and compelling documentation to external stakeholders
+ Proven leadership and influencing skills and ability to collaborate across a highly matrixed organization
+ Strong oral and written communication skills
+ Self-directed, highly organized, and detail oriented
+ Ability to set and manage accountabilities and expectations at all levels
+ Excellent relationship skills, highly collaborative - can build rapport and credibility quickly with all levels of the organization
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
Source : JPMorgan Chase