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Hey Its Elle

Morgage Compliance Officer

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Reply to: sduffen@lloydstaffing.com


§ Responsible for ensuring overall regulatory compliance for the firms growing Mortgage Line of Business (LOB)

§ Responsible for maintaining up to date knowledge of applicable laws, regulations and regulatory and supervisory guidance issued by federal financial supervisory agencies and assessing the impact on Mortgage operations

§ Provide monthly regulatory compliance risk assessments to Mortgage Senior Management

§ Responsible for the execution of a regulatory compliance program for the Mortgage LOB to include drafting and implementing policies and procedures to accomplish compliance objectives

§ Responsible for loan file review to ensure compliance of all applicable laws, regulations and regulatory issues

§ Responsible for execution and review of HMDA, Quality Control, and Regulatory Compliance Risk Reporting

§ Perform periodic Regulatory Compliance risk assessments of partner(s) through use of external 3rd party providers, Corporate Audit Services, and/or personal Loan File Review

§ Oversight of creative copy review to include advertising with respect to Mortgage to ensure compliance with applicable laws and regulations

§ Responsible for assessing compliance training needs of the Mortgage Team, assisting in preparation of training materials and conducting training classes for associates in connection with Regulatory Compliance

§ Represent company to external 3rd Party partners and regulatory agencies

§ Accountable for relationship management and oversight of external 3rd Parties supporting regulatory compliance objectives


Job Qualifications


§ Minimum 5+ years in Mortgage Lending specific operations, internal audit and/or regulatory compliance.

§ A firm grasp on the overall regulatory climate of the residential mortgage banking industry. Strong understanding of assigned laws and regulations to ensure Mortgage Lending compliance with those regulations including familiarity with HMDA and Quality Control procedures.

§ Broad understanding of Mortgage Lending operations and industry.

§ Strong project management, leadership, and analytical skills.

§ Ability to direct and coordinate projects across multi-functional teams.

§ Ability to work as part of a cross-functional team.

§ Ability to manage multiple concurrent activities in a timely manner and drive the projects through to completion.

§ Ability to tightly monitor risk activities within the business and champion Regulatory Compliance across the team.




§ Experience with Installment Loans or other closed-end financial lending products

§ Managerial experience of building and leading teams

§ Understanding of general Governance and Control frameworks, audit and risk management within large corporations.


Screening Questions for Candidate:

- How many years of direct Mortgage experience? Any other lending compliance experience such as Installment Loans or Credit Cards?

- Was she or he directly responsible for preparing Fair Lending, Quality Control and/or HMDA reporting?

- Was he or she directly responsible for overseeing creative and copy regulatory compliance?

- Has she or he directly worked with regulators, internal audit, and senior management?

- Has he or she directly managed associates before? Led a team of how many?

- Does she or he have experience overseeing additional risk management areas beyond just regulatory compliance?




Job location is McLean/Richmond, VA

it's NOT ok to contact this poster with services or other commercial interests

Compensation: $90,000 - $105,000 + bonus & relocation

Principals only. Recruiters, please don't contact this job poster.

Please, no phone calls about this job!

Please do not contact job poster about other services, products or commercial interests.

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