BL Regulatory Review Representative

At U.S. Bancorp India, we're on a journey to do our best. 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. Bancorp India 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:

Insurance Monitoring Review Specialist performs activities overseeing insurance-related records, monitor policy compliance, and ensure accurate, timely tracking of coverage information. This role is responsible for reviewing insurance documentation, identifying gaps or discrepancies in coverage, maintaining up-to-date records, and communicating with internal teams, clients, carriers, or vendors as needed. The ideal candidate has strong analytical skills, excellent attention to detail, and a solid understanding of insurance processes and compliance requirements.

Role Responsibilities:

• Monitor insurance policies, renewals, cancellations, and expirations to ensure continuous and compliant coverage.
• Review policy documents and related records for accuracy and completeness.
• Identify missing, expired, or insufficient coverage and follow up with the appropriate parties to resolve issues.
• Maintain accurate insurance tracking systems, databases, and documentation.
• Verify coverage against company, contractual, regulatory, or lender requirements.
• Generate routine and reports on coverage status, exceptions, and compliance issues for management and stakeholders.
• Coordinate with insurance carriers, brokers, agents, clients, and internal departments to obtain updated information and resolve discrepancies.
• Track regulatory or procedural changes affecting insurance documentation and monitoring requirements.
• Support process improvements to enhance efficiency, accuracy, and service quality.

Competencies:

• Attention to Detail
• Maintains high accuracy to prevent downstream servicing or compliance issues.
• Time Management & Timeliness
• Meets daily reporting and system update deadlines while balancing accuracy.
• Process Adherence
• Consistently follows established mortgage servicing procedures and controls.
• Accountability & Ownership
• Takes responsibility for assigned updates and escalates issues appropriately.
• Analytical Review
• Identifies errors, trends, or missing data impacting modification reporting.

Skills:

• Microsoft Office proficiency
• Basic computer literacy
• Basic understanding of the associated operations, products/services, systems, and risks/controls applicable to assigned area.
• Basic understanding of applicable laws, regulations, financial services, and regulatory trends.
• Well-developed analytical skills.
• Proficient computer navigation skills, particularly word processing, spreadsheet, databases, and presentations.
• Effective verbal and written communication skills

Years of experience: 2-3 yrs of relevant years

Shift Timings - 9 AM to 6 PM IST

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 -https://careers.usbank.com/global/en/disability-accommodations-for-applicants.

Posting may be closed earlier due to high volume of applicants.

This is an U.S. Bancorp India posting. U.S. Bancorp India is a part of the U.S. Bank family.