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2.0 - 6.0 years
0 Lacs
salem, tamil nadu
On-site
As a Flood Review Associate/Specialist, you will be responsible for reviewing and validating flood determinations as part of the mortgage underwriting process. Your role will involve ensuring compliance with federal regulations and company policies to mitigate flood risk for mortgage loans. You will be expected to review and analyze flood determinations to guarantee accuracy and adherence to federal flood insurance requirements. It will also be your responsibility to verify the completeness and accuracy of flood-related documentation. Collaboration with underwriters, loan officers, and other stakeholders will be essential to resolve any discrepancies and ensure the timely processing of mortgage applications. In this role, you will need to maintain a current understanding of FEMA flood zone maps, NFIP guidelines, and other pertinent regulations. Documentation of your findings and the maintenance of accurate records of all flood reviews will be crucial. Providing training and support to underwriting staff on flood certification requirements and procedures will also be part of your responsibilities. Additionally, you will assist in the development and implementation of policies and procedures related to flood review. To qualify for this position, you should have a graduate degree in any discipline and a minimum of 2 years of experience in mortgage underwriting or flood review. A strong understanding of FEMA flood zone maps, NFIP guidelines, and federal flood insurance regulations is essential. Excellent analytical and problem-solving skills, attention to detail, and strong organizational and documentation abilities are also required. Effective communication and interpersonal skills are necessary for collaborating with various stakeholders. Proficiency in using mortgage underwriting software and tools is expected, along with the flexibility to work in both day and night shifts. Having additional advantages such as a graduate degree in any discipline and experience in mortgage underwriting or flood review will be beneficial. The same set of skills including a strong understanding of FEMA flood zone maps, NFIP guidelines, federal flood insurance regulations, analytical skills, organizational skills, communication skills, and proficiency in mortgage underwriting software and tools will further enhance your suitability for this role.,
Posted 2 days ago
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