loanDepot

Leader, Examinations & Reviews

loanDepot$100K — $138K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required.
  • 8 years of compliance experience in the mortgage or financial industry.
  • 3 years in managing examinations and reviews, overseeing remediation plans.
  • Experience with GSE, investor, and agency reviews for mortgage lenders.
  • Familiarity with mortgage regulations and financial services industry best practices.
  • Strong organizational and project management skills.
  • Confident in interactions with external examiners and stakeholders.

Responsibilities

  • Plan and execute regulatory exams and reviews, including response management.
  • Prepare and manage exam requests, coordinating data from team members.
  • Track and report the progress of regulatory exams.
  • Timely prepare and file regulatory reports such as the Mortgage Call Report (MCR).
  • Develop effective communication with stakeholders and escalate issues as needed.
  • Act as primary contact for regulators, agencies, and investors during examinations.

Benefits

  • Aggressive compensation package based on experience.
  • Inclusive, diverse, and collaborative work culture.
  • Opportunities for internal growth and professional development, including tuition reimbursement.
  • Comprehensive benefits package including Medical/Dental/Vision.
  • Wellness program supporting mental and physical health.
  • Generous paid time off for all positions.
Full Job Description
Description

Position Summary

Responsible for overseeing or assisting with individual regulatory exams, GSE, agency and investor reviews and regulatory reporting. Monitor, analyze, and respond to regulatory inquiries. Prepare and timely file periodic regulatory reports, including the Mortgage Call Report (MCR). Update the department's issues tracking database to include examination findings and remediation reports.

Responsibilities:
  • Examinations, GSE and Agency/Investor Reviews and Regulatory Reporting:
    • Plan and execute regulatory exams and GSE, investor and agency reviews, including monitoring, analyzing, and responding directly to regulators and investors.
    • Prepare exam requests and inquiries, review document and data requests, determine appropriate individuals for response, coordinate with and gather data from a variety of team members and partners, manage any required follow-ups, validate data and ensure that all responses are complete, accurate and submitted timely.
    • Track and report on the progress of regulatory exams.
    • Prepare and timely file periodic regulatory reports, including the Mortgage Call Report (MCR).
    • Develop and maintain effective communication with internal and external stakeholders and timely escalate and resolve issues, as applicable.
    • Act as the examinations/review primary point of contact for regulators, agencies and investors.
  • Compliance Projects:
    • Assist with various compliance projects, as necessary.

Requirements:
  • Bachelor's Degree required.
  • Eight (8) years' compliance experience in the mortgage or financial industry.
  • Three (3) years' managing and/or examinations and reviews, including overseeing remediation plans.
  • Experience in managing or assisting with examinations and GSE, investor and agency reviews for a mortgage lender.
  • Familiarity with mortgage regulations, financial services industry best practices and GSE/investor requirements.
  • Strong organizational, process, and project management skills.
  • Confident interacting with external examiners and reviews and working with all levels of impacted stakeholders.

Why work for #teamloanDepot:
  • Aggressive compensation package based on experience and skill set.
  • Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
  • Work with other passionate, purposeful, and customer-centric people.
  • Extensive internal growth and professional development opportunities including tuition reimbursement.
  • Comprehensive benefits package including Medical/Dental/Vision.
  • Wellness program to support both mental and physical health.
  • Generous paid time off for both exempt and non-exempt positions.

Base salary is one piece of our total rewards package and is structured within a range so you can progress as you grow in the role. For this position, the anticipated annual base salary range is $100,000 to $138,500 nationally. In certain high-cost geographic markets (CA), the anticipated annual base salary range is $115,000 to $159,500. Actual compensation will depend on your skills, experience, qualifications, and the work location tied to our geographic pay structure.

About loanDepot

LoanDepot, sometimes stylized as loanDepot, is a Lake Forest, California-based holding company which sells mortgage and non-mortgage lending products. In 2015, the company claimed to be the second largest non-bank provider of direct-to-consumer loans in the United States. LoanDepot was founded in 2010 by entrepreneur Anthony Hsieh, who had previously founded mortgage companies LoansDirect.com which he sold to E*Trade, and HomeLoanCenter.com, which he sold to LendingTree. The company's products at the time included fixed rate, jumbo, FHA and home equity loans, in addition to more controversial adjustable-rate mortgages and negative amortization products. In November 2015, the company postponed a planned IPO, citing poor market conditions. In March 2017, the company introduced technology to automate the loan process, allowing customers to apply for a mortgage without talking to a loan officer. In January 2018, the company announced two products as part of its technology platform, now called Mello, a home improvement unit to allow contractors to offer financing to customers, and Mello Home, a platform to connect pre-approved buyers to realtors. In September 2019, the company partnered with Century 21 Redwood Realty to form a new mortgage platform for the mid-Atlantic area, Day 1 Mortgage. loanDepot went public on the New York Stock Exchange on February 11, 2021 under the ticker symbol LDI.
Learn more about loanDepot
Market Cap
$453.5 million
Industry
Founded
2010
5 Year Trend
+26.8%
NASDAQ

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