Doc Specialist
Company: MidFirst Bank
Location: Oklahoma City
Posted on: September 8, 2023
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Job Description:
PURPOSE OF POSITION
Associate is responsible for mitigating collateral related risk
through collection and review of various types of insurance,
including but not limited to, hazard, builder's risk, business
assets and general liability. Review of these policy types include
working with an outsourced vendor to ensure the policy meets MFB
credit requirements and force-placing insurance following bank and
regulatory requirements, when applicable. Additionally, it requires
monitoring, reviewing and force-placing flood insurance, when
applicable, which is highly regulated and requires excellent
attention to detail and organization skills. The team member is
also responsible for monitoring ad valorem taxes and ensuring
exceptions are appropriately monitored to mitigate loss of
collateral or lien position.
PRINCIPLE DUTIES AND REPONSIBILITES
SKILL SETS
DISCLAIMER STATEMENT
The above statements are intended to describe the general nature
and level of work being performed by personnel assigned to this
job. They are not intended to be an exhaustive list of all
responsibilities, duties and skills required. Incumbent may perform
other duties as assigned.
Equal Opportunity Employer/Protected Veterans/Individuals with
Disabilities
The contractor will not discharge or in any other manner
discriminate against employees or applicants because they have
inquired about, discussed, or disclosed their own pay or the pay of
another employee or applicant. However, employees who have access
to the compensation information of other employees or applicants as
a part of their essential job functions cannot disclose the pay of
other employees or applicants to individuals who do not otherwise
have access to compensation information, unless the disclosure is
(a) in response to a formal complaint or charge, (b) in furtherance
of an investigation, proceeding, hearing, or action, including an
investigation conducted by the employer, or (c) consistent with the
contractor's legal duty to furnish information. 41 CFR
60-1.35(c)
Keywords: MidFirst Bank, Oklahoma City , Doc Specialist, Other , Oklahoma City, Oklahoma
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