New

Collateral Insurance Processor

First National Bank
United States, Pennsylvania, Hermitage
Jan 26, 2026
Primary Office Location:4140 East State Street. Hermitage, Pennsylvania. 16148. Join our team. Make a difference - for us and for your future. Collateral Insurance Processor Position Overview The Collateral Insurance Processor is responsible for ensuring the Bank's collateralized loan portfolio remains fully protected through accurate and timely tracking of insurance coverage. This role supports lending, servicing, and risk functions by monitoring insurance compliance, coordinating with thirdparty vendors, and maintaining precise documentation in accordance with Bank policy and regulatory standards. Primary Responsibilities Insurance Tracking & Compliance Monitor hazard and flood insurance coverage for designated loan portfolios to ensure required collateral protection is maintained. Identify lapses or deficiencies in insurance coverage and initiate forceplaced insurance through approved thirdparty vendors as needed. Review insurance documents, appraisals, and related collateral records to verify accuracy and compliance with internal guidelines and regulatory requirements. Vendor Coordination & Reporting Communicate updates, discrepancies, and required reporting data to external vendors in a timely and accurate manner. Ensure adherence to established reporting guidelines by maintaining clear, complete, and current records of all policy details. Provide vendors with relevant insurance documents and verify that coverage information is correctly reflected in tracking systems. Documentation & System Maintenance Update the loan insurance tracking system with precise and current policy information, including coverage levels, effective dates, and expiration details. Maintain thorough electronic documentation to support audits, customer inquiries, and compliance reviews. Claims & Risk Support Gather and analyze documentation needed to support insurance claims, including verifying policy details and assessing insurable values as required. Assist lending and servicing teams in resolving insurance-related issues impacting collateral risk. Audit, Compliance & Reporting Provide accurate documentation and reporting for internal audits, regulatory examinations, and risk management reviews. Maintain awareness of compliance requirements related to collateral insurance, including federal flood regulations and Bank policies. Additional Duties Participate in departmental projects, workflow improvements, and other duties as assigned. Risk & Compliance Responsibilities All employees are accountable for managing risk associated with their role by understanding, identifying, escalating, and mitigating risks in accordance with F.N.B. Corporation's risk management program. Compliance with regulatory laws, Bank policies, and operational procedures is required for all positions. Minimum Education High School Diploma or GED Minimum Years of Experience 1 year of related experience preferred (lending, loan servicing, insurance, or financial operations) Special Skills Strong written and verbal communication skills High attention to detail with strong accuracy in data entry Ability to prioritize and multi-task in a fastpaced environment Proficiency with general office equipment Competent computer skills, including jobrelated software MS Word - Intermediate MS Excel - Intermediate Special Licenses and Certifications None required Physical Requirements N/A Position Title: Loan Operations Representative 2 Business Unit: Operations Reports To: Supervisor of Loan Operations Position Overview: This position is primarily responsible for providing timely and accurate service to internal and external customers in support of the lending functions of the Bank. Primary Responsibilities: Executes post closing review of loan documents for non-real estate commercial loans, adds or removes document exceptions as discovered or resolved and reviews and packages mortgage and UCC documents for recoding. Prepares entries required to fund loans based on established procedures and meets set timeline for all funds to correctly document Bank assets. Resolves non-post items based on established procedures to ensure prompt and accurate posting to the customer's account. Updates system information in accordance with maintenance requests submitted based on established procedures and knowledge of system functionality to ensure accurate reporting for financial purposes and to maintain the loan in accordance with the note. Prepares closing documents and modifications for small business and commercial loans and is measured against established volume levels, reviews request for compliance with Bank policy and procedure and advises Lenders or Underwriters of deficiencies. Books all types of loans to the core system and is measured against established volume levels. Executes all aspects of loan servicing, including escrow accounts, remittance and reporting, posts payments for participated loans, maintains SWAP loans base on established procedures and defines time lines with all functions meeting compliance requirements, timely recording of financial entries and customer satisfaction. Files and continues UCC financing statement as collateral, quotes commercial payoffs and maintains a log of stock certificates held as collateral. Tracks hazard and flood insurance on designated loans to assure collateral is protected and force-places insurance as needed through third party vendor. Performs other related duties and projects as assigned. All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions. Minimum Education: High School or GED Minimum Years Experience: 1 Special Skills: Excellent communication skills, both written and verbal Ability to work and multi-task in a fast paced environment Detail-oriented Ability to use general office equipment Ability to use a personal computer and job-related software MS Word - Intermediate Level MS Excel - Intermediate Level Special Licenses and Certificates: N/A Physical Requirements: N/A Equal Employment Opportunity (EEO): It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.