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 6 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.
This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
