Senior Compliance Associate
New
United StatesFull-TimeSenior
Salary74,800 - 112,200 USD per year
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Job Details
- Experience
- 4–6 years
- Required Skills
- Project ManagementRisk Management
Requirements
- 4–6 years of compliance, regulatory, risk, or related experience within a mortgage lender, consumer finance organization, banking institution, or similar regulated financial environment.
- Strong hands-on experience using the Nationwide Multistate Licensing System (NMLS).
- Solid knowledge of federal and state lending regulations, including TILA, RESPA, ECOA, FCRA, SAFE Act, and state consumer credit laws.
- Demonstrated experience supporting or leading state regulatory examinations and audits.
- Strong understanding of open-end credit products and associated regulatory requirements.
- Bachelor’s degree in Business, Finance, Legal Studies, or a related discipline, or equivalent professional experience.
- Exceptional analytical skills with strong attention to detail.
- Excellent written and verbal communication skills.
- Strong organizational and project management capabilities.
Responsibilities
- Manage and maintain a portfolio of multi-state mortgage and consumer lending licenses through the Nationwide Multistate Licensing System (NMLS) and various state regulatory portals.
- Research, prepare, and submit corporate, branch, and Mortgage Loan Originator (MLO) license applications to support business expansion initiatives.
- Lead the preparation, validation, and timely filing of annual reports, quarterly Mortgage Call Reports (MCRs), financial condition reports, and other regulatory submissions.
- Collaborate with Operations, Finance, and Data teams to collect, review, and reconcile lending and servicing data, ensuring complete accuracy in regulatory reporting.
- Coordinate and submit required notifications to regulators regarding material organizational, leadership, or business activity changes.
- Act as the primary liaison for state regulatory examinations, managing requests, timelines, and communications throughout the examination process.
- Organize and oversee the preparation of examination materials, including loan files, policies, procedures, and corporate records.
- Draft responses to examination findings and partner with internal stakeholders to implement and monitor corrective action plans through resolution.
- Identify potential compliance risks and proactively recommend improvements to strengthen regulatory controls and processes.
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