Join a team that is energized by change, is passionate about best practices, and enjoys establishing strong controls.As the Insurance Originations Executive Director for our Wholesale Lending Services you will lead a Global team, located across Fort Worth, Houston, Tempe, San Francisco, and Bangalore. The team is responsible for reviewing and approving Non-Flood and Flood Insurance for real estate and contents taken as collateral. Insurance provided must comply with the Commercial Real Estate Insurance Guidelines, Line of Business Insurance Requirements, and with the Federal Flood Disaster Protection Act. In this role, you will work closely with Market partners and the Flood & Insurance Center of Excellence team to ensure Insurance requirements remain synced with market changes, internal and external client issues are managed in a timely manner, and any requirements for internal and external audits are addressed with care.Job Responsibilities:
In depth understanding of the Flood Disaster Protection Act (FDPA), property and casualty insurance requirements for Commercial Real Estate and Multifamily collateral including but not limited to construction, term loans, tax credits, bond transactions and Agency lending.
Participate in location initiatives with team members and global managers, looking for ways to continually simplify, improve, and add value to existing business processes and working practice
Involvement and ownership of strategic initiatives
Overseeing the strategic direction of the organization, including the development and implementation of long-term strategies and daily operations
Ensure appropriate and timely progress reporting, highlighting risks and issues
Provide leadership, coaching and motivation for employees to deliver superior customer service, utilize critical thinking skills to manage complex transactions, identify and raise awareness of potential risk, provide transparency to market partners, and promote inclusion
Strengthen relationships with market leaders by providing clear communication and providing education
Build rapport and influence key business partners with the goal of expanding current scope of work
Ensure timely resolution to client issues to guarantee no disruption to the expected closing date due to insurance
Continuous monitoring of Commercial Insurance Guide requirements to ensure market viability and adherence
Participate in all internal and external audits (including OCC Commercial Real Estate Exam, Flood Vendor Oversight, and Fannie/ Freddie Mac annual compliance, communicating findings to management
Visualization of data to drive decision making, prioritization and continuous improvement
Required qualifications, capabilities, and skills:
Complete understanding of Federal Flood Disaster Protection Act, FEMA regulations, NFIP and Commercial Insurance Requirements (Builders Risk, Business Personal Property, Co Insurance etc.)
10+ years Commercial Real Estate Insurance experience
Takes responsibility and ownership for issues and follows through to resolution with timely and relevant communications
Leadership, development and performance management of a team, as part of a broader global organization
Promotes an inclusive work environment, respects individuals at every level and leverages an agile and flexible style
Collaborates with team, considerate of the opinions of others, motivated by the success of the team
Self-directed, highly motivated, and able to work independently
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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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/VeteransBase Pay/SalarySan Francisco,CA $174,550.00 - $280,500.00 / year
