Lending Services Insurance Support Specialist

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Are you detail oriented? Do you have experience in commercial property, or commercial insurance?

Come join our growing Commercial Lending Insurance Support team!

Our Commercial Lending Insurance Support Specialists will:

• Manage risk by performing review and analysis of insurance policies for the express purpose of determining acceptability and compliance.

• Make outbound calls to insurance agents/carriers regarding commercial insurance coverage questions, inquiries and/or problems on the status of insurance by researching, verifying, updating loan insurance information, and documenting the affected account’s history file.

• Review moderately complex loan servicing documentation language.

• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements.

• Ensures assigned locations, business units, or proposed products and processes are in compliance with various laws and regulations.

• Develops and enforces compliance policies and procedures.

• Act as the primary compliance consultant/resource for assigned location, business units, or products with respect to questions, consulting, and training.

• Participates in and ensures compliance in the design and development of policies, procedures, processes and training programs.

• Analyzes new and pending laws and regulations which directly affect company practices and works with affected areas to ensure appropriate compliance.

• May be involved in a variety of compliance projects and initiatives regarding information disclosure, legal proceedings, etc.

• Performs periodic reviews to assess level of regulatory compliance.

This is a salaried position with a projected schedule of Monday - Friday 8:00am - 4:30pm. The role offers a hybrid/flexible schedule, which means there’s an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days

• Oshkosh, WI

• Tempe, AZ

• Gresham, OR

Basic Qualifications
- Bachelor’s degree, or equivalent work experience
- Typically one to two years of related experience, preferably in regulatory compliance activities

Preferred Skills/Experience
- Commerical property insurance, or commercial insurance experience
- Basic knowledge of U.S. Bancorp operations, policies and procedures
- Effective verbal and written communication skills
- Ability to research and manage multiple projects and deadlines simultaneously

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin,