Lending Compliance Counsel

This is a fully remote position, open to applicants in United States.

📋 Description

• Leverage legal, regulatory, compliance, and financial services product knowledge to enhance Compliance Solutions offerings.

• Conduct research and interpret federal and state laws, regulations, agency guidance, case law, enforcement trends, and industry best practices.

• Convert legal and regulatory requirements into product functionality, business rules, data specifications, documentation, and testing criteria.

• Ensure that Compliance Solutions content adheres to relevant regulations and produces enforceable legal documents.

• Track legal and regulatory changes and evaluate their effects on product content, legal documents, disclosures, business rules, calculations, data fields, workflows, documentation, and client-facing features.

• Analyze Research Engine responses and identify necessary product modifications and enhancements.

• Evaluate market demand, competitive offerings, and industry trends; recommend product adjustments and opportunities.

• Draft product specifications and outline the complete scope of product modifications and updates.

• Identify affected product components and transaction scenarios.

• Create and maintain product data, metadata, documentation, and change records.

• Analyze data usage and resolve conflicts across product libraries.

• Collaborate with quality control teams to develop testing scenarios and perform transaction testing.

• Validate product implementations against specifications and troubleshoot any issues.

• Provide prompt support for internal and external inquiries and manage logged issues and change requests.

• Draft communications that clarify issues, solutions, and product implications.

• Train internal staff, clients, and business partners on product design, updates, legal and regulatory changes, and industry trends.

• Develop subject matter training and contribute content to publications and newsletters.

• Create, oversee, and execute project plans for product team initiatives and special projects.

⛳️ Requirements

• Juris Doctor degree (required).

• Licensed attorney (preferred).

• Typically 5 or more years of knowledge in business principles, banking, legal and compliance related to relevant subjects and products, financial industry experience, banking exposure/regulatory knowledge, and overall professional experience and/or academic background.

• Familiarity or specific experience with consumer and commercial lending, mortgage lending, electronic banking, privacy, adverse actions, disclosures, and compliance requirements for financial institutions preferred.

• Knowledge of TILA/Reg Z, RESPA/Reg X, ECOA/Reg B, FCRA, HMDA/Reg C, EFTA/Reg E, GLBA, UDAAP, BSA/AML, state lending and usury laws, and guidance from the CFPB, OCC, FDIC, Federal Reserve, NCUA, and state regulators preferred.

• Excellent verbal and written communication capabilities.

• Ability to collaborate as part of integrated teams in a dynamic environment.

• Capable of managing details and multitasking in a fast-paced setting.

• Ability to cultivate long-term collaborative relationships founded on trust and respect.

• Strong analytical, creative thinking, interpretation, and problem-solving skills.

• Proficiency in basic Microsoft applications, including Excel.

• Exceptional time management abilities.

• Resume required for application.

🏝️ Benefits

• Potential availability of an annual incentive (bonus) plan.

• Medical insurance coverage.

• Dental insurance coverage.

• Vision insurance coverage.

• Employee assistance program.

• Life insurance coverage.

• Disability insurance plans.

• Parental leave benefits.

• Paid time off.

• 401(k) retirement plan.

• Tuition reimbursement options.

• Flexible workplace arrangements.

• Support for work-life balance.

• Opportunities for career growth.

• Retirement assistance.

• Investment in technology and other tools that support flexible/hybrid working.