Description:
As Corporate Counsel, you will play a critical role in providing legal guidance and support to the organization. You will be responsible for ensuring compliance with all relevant laws and regulations governing mortgage lending and servicing activities. Additionally, you will assist the Sr. Director of Legal and Compliance in managing legal risks, drafting and reviewing contracts, and providing legal advice to senior management.Key Responsibilities:
- Provide legal advice and support on various transactional, corporate, employment, and compliance matters in support of the organization.
- Collaborate with internal teams such as originations, servicing, capital markets, and risk management to convey compliance standards and contractual requirements to the various business functions. Address compliance and legal issues, mitigate risks and implement corrective actions.
- Review and draft contracts, agreements, and other legal documents related to corporate transactions (e.g., NDAs, vendor agreements) and mortgage lending and servicing transactions.
- Conduct legal research and analysis to stay current on laws and regulations affecting the mortgage industry.
- Collaborate with external compliance consultants, legal counsel, and regulatory agencies as needed to manage litigation and regulatory exams and investigations.
- Serve as the primary point of contact for regulatory examinations, audits, and inquiries related to compliance matters and prepare and submit regulatory reports and filings, including NMLS filings, as required by federal and state regulatory agencies.
- Assist in the development, maintenance, and implementation of policies and procedures to ensure compliance with legal and regulatory requirements governing mortgage lending and servicing. Update compliance policies as needed.
- Conduct regular compliance audits and reviews to assess the institution's adherence to regulatory requirements and internal policies and investigate compliance issues, complaints, or violations in a timely and effective manner.
- Provide guidance and training to employees on legal and compliance matters, including fair lending practices, anti-money laundering regulations, and other financial services regulations.
Requirements:
Education and Experience Qualifications
- Juris Doctor (JD) degree from an accredited law school and admission to a state bar and in good standing.
- Minimum of 3 years of experience practicing law, with relevant legal experience. Prior mortgage lending or real estate finance or in-house experience a plus.
- Excellent analytical, communication, and problem-solving skills.
- Ability to work independently, prioritize tasks, and handle multiple projects simultaneously.
- Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and balance legal considerations with business objectives.
- High ethical standards and a commitment to integrity and confidentiality.
