Corporate Counsel

Responsible for providing a wide range of services to the business units, including drafting/reviewing contracts, assisting with litigation and corporate transactions, providing guidance to corporate departments and production channels regarding the laws and regulations governing origination of mortgage loans, creating and implementing compliance strategy and managing regulatory risks. Ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.

• Evaluates and provides analysis and counsel on legal issues relative to residential mortgage loan origination, fair lending, privacy, and general corporate compliance matters to management, corporate departments and branch personnel.
• Manages and reports on regulatory compliance risks covering all aspects of the company; assists General Counsel on a broad range of legal topics;
• Provides proactive guidance to senior management in identifying compliance risks and ensures adequate policies and procedures exist regarding compliance laws.
• Assists with management of regulatory, investor and lending compliance audit reviews and examinations. Ensures team is coordinating materials and responses to audit requests and findings. Maintain good working relationships with regulatory agencies and investors.
• Works closely with business units to implement required changes of law related to loan origination processes, including definition of Qualified Mortgage, TILA, RESPA, FCRA, ECOA, etc.
• Drafts advisory compliance memoranda, bulletins, training materials, policies and procedures covering new/existing laws and regulations affecting the company and maintains accessible records of such materials.
• Tracks changes in federal/state laws and regulations, establishes applicable policies/procedures and implements changes to procedures, loan documentation, disclosures, loan fees, loan origination, processing, underwriting and closing practices and all loan origination software.
• Oversees review and approval of policies, procedures, practices, training materials, marketing materials, consumer disclosures, and other communications for compliance with legal requirements.
• Interfaces and provides counsel and guidance including direct communication and complex written analysis and advice for Executive and Senior Management.
• Conducts agreement review; drafts and negotiates correspondent, lease, broker and vendor agreements.
• Conducts complex legal research and investigation of claims and defenses; develops oral and written advice and presents recommendations to management

• Bachelor’s Degree required and minimum of eight (8) years’ related experience preferred.
• JD degree from a law school accredited by the American Bar Association or equivalent international degree and a minimum of three (3) years’ experience practicing law.
• Active license to practice law with a deep understanding of compliance and federal consumer laws and regulations, preferably with mortgage origination compliance regulations, including RESPA/TILA, BSA, SARs, TRID, Dodd Frank, Reg B, Reg C, Reg E, Reg Z, Fair Credit Reporting Act, Fair Housing Act, SAFE Act, Homeowner’s Equity Protection Act, etc.
• Knowledge of federal and state regulations with regards to essential duties and responsibilities, including, but not limited to, Dodd-Frank, TRID, Section 32, predatory lending, and RESPA.
• Demonstrated capabilities in quantifying risk and excellent legal research and analytical abilities.
• Prior experience with interpreting and applying federal, state, and investor regulations.

• Aggressive compensation package based on experience and skill set.
• Inclusive…