Description:
Position Overview:The Counsel – Regulatory Affairs is responsible for supporting compliance with federal and state laws and regulations. Counsel – Regulatory Affairs will be expected to make significant contributions to the compliance program by providing consistent and effective counsel to the organization.
Job Responsibilities:
- Ensure that the Company complies in all material respects with state and federal regulatory requirements through independent research and evaluation.
- Collaborate with the EVP, Regulatory Counsel on developing effective compliance solutions to business challenges.
- Collaborate with business stakeholders to develop solutions in the LOS, Encompass, to address business compliance challenges.
- Develop and maintain a Mavent Compliance Guide to support operations in the origination of loans.
- Develop, review, and amend policies and procedures as changes in regulations or requirements are identified.
- Regularly report to the EVP, Regulatory Counsel on matters requiring attention while providing recommendations.
Qualifications and Skills:
- Minimum of 2 years in the banking industry, with at least 1 year in a compliance-focused role, mortgage lending preferred.
- Working knowledge of consumer mortgage lending laws and regulations, including TILA/Reg Z, RESPA, ECOA, and HMDA, state regulatory requirements.
- Experience with a loan operating system – Encompass preferred.
- Excelled in navigating a dynamic regulatory environment.
- Excellent knowledge of the subject matter and skilled in identifying solutions.
- Excellent communication, independent thinking, and problem-solving skills.
