Summary
Freedom Mortgage Corporation extends its best efforts to conduct its mortgage servicing activities in compliance with all applicable federal and state laws and regulations. In addition to the legal imperative, Freedom Mortgage views regulatory compliance as an essential part of its safe and sound business practices. The Vice President, Regulatory Compliance Counsel is a member of the Legal/Regualtory Compliance Department. S/he works under the direction of the Chief Compliance Officer & Regulatory Counsel to ensure compliance with federal and state consumer protection laws and regulations applicable to mortgage servicing activities by Freedom Mortgage Corporation.
Essential Job Functions:
- Assist in the drafting and implementation of the company’s compliance policies and procedures for the Residential Servicing Department
- Provide day-to-day compliance support to the Residential Servicing Department staff and the management team
- Coordinate activities to/from the Legal Department and the Residential Servicing Department
- Contribute to the regulatory change management duties of the Legal/Regulatory Compliance Department by identifying new and revised laws and regulations that impact the company and the operational changes needed in the business lines
- Respond to loan-level management compliance questions and assist the servicing management team
- Provide subject matter expertise to assist in prompt correction of compliance deficiencies that are identified by any internal review or external audit.
- Maintain competence in consumer protection laws and regulations governing residential mortgage servicing activities, including TILA, RESPA, FDCPA, ECOA, FCRA and other applicable laws and regulations under the jurisdiction of the BCFP, prudential federal regulators and their state counterparts.
- Assist in the review and redlining of the Sevicing Department’s processes, procedures and job aides
- Monitor emerging compliance issues and assist in assessing the potential exposure of Freedom Mortgage
- Support federal and state regulatory examinations and required responses
- Provide additional support to the Residential Servicing Department as directed by the Chief Compliance Officer
Other Related Duties:
Performs other related duties as assigned.
Supervisory Responsibilities:
The incumbent will supervise two or more regulatory counsel.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.
Education and/or Experience:
- Juris Doctor (J.D.) Degree Required
- A minimum 12 years’ experience as residential mortgage servicing regulatory counsel is required.
#CB
Freedom Mortgage is a privately held, full-service residential mortgage lender licensed in all 50 states, Washington D.C., Puerto Rico and the Virgin Islands. We are one of the largest and fastest-growing privately held mortgage companies in the country, as well as a top 5 residential lender in the USA. Freedom Mortgage currently services more than 225 billion dollars in loans. And we are continuing to grow! Freedom Mortgage is proud to be recognized by Inc. Magazine’s, Inc. 5000 rankings for the fastest growing private firms in the nation for six consecutive years (2013-2018).
Freedom Mortgage has over 4000 employees and offices nationwide. Locations include suburban Philadelphia (we have multiple sites in Southern New Jersey) and Fishers, IN, two regions where we were named Top Workplaces (The Indianapolis Star named Freedom Mortgage at Top Workplace four years in a row). We also have large operating centers in Melville, NY; Jacksonville, FL; San Dimas, CA; and Tempe, AZ; and Columbia, MD
Freedom Mortgage team members enjoy our total rewards program, including excellent benefits, perks, business casual dress, rewards programs, training, development and career opportunities. Community spirit is one of our shared values and Team Freedom Cares is our philanthropic arm helping us get involved in the communities in which we operate. Learn more about us and apply!
Freedom Mortgage Corporation is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to age, race, color, religion, gender, sexual orientation, national origin, or their status as a protected veteran or an individual with disabilities. Local applicants encouraged to apply. Employment contingent upon successful completion of background investigation. Smoke-free workplace. Drug-free work environment. Excellent benefits package including medical, dental, vision and 401(k). All resumes are held in confidence. Only candidates whose profiles closely match requirements will be contacted during this search. LENDER NMLS ID:2767
Equal Opportunity Employer- Minorities/Females/Disabled/Veterans
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