Mortgage Regulatory Specialist

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

📋 Description

• Conduct research, interpret, and convey federal and state regulatory requirements to business stakeholders.

• Work in collaboration with Compliance team members and business partners on organization-wide projects, training sessions, and compliance initiatives.

• Evaluate consumer-facing advertisements and offer regulatory guidance to the Marketing Department.

• Utilize Lennar Mortgage’s Encompass loan origination software to investigate issues at the loan level.

• Address compliance-related inquiries and deliver precise, timely responses.

• Execute transaction testing and monitoring of loan samples to identify potential risks and control weaknesses.

• Present findings to management, suggest corrective actions, and assist in remediation efforts.

• Keep abreast of regulatory changes, industry trends, and emerging guidance to assess business impact and implementation needs.

• Draft, review, and update company policies, procedures, training materials, and other documentation.

• Utilize emerging technologies, including AI tools, while adhering to governance and security protocols.

• Prepare for and assist with federal and/or state examinations when required.

• Carry out additional responsibilities and special projects as assigned.

⛳️ Requirements

• A minimum of 3 to 5 years of experience in mortgage compliance.

• Comprehensive understanding of federal and state mortgage lending regulations, such as ECOA, HMDA, RESPA, TILA, UDAAP, ATR/QM, TRID, MAP, CAN-SPAM, SCRA, and TCPA.

• Capacity to research, interpret, and implement regulations in business operations.

• Proficient in Microsoft Office applications, including Outlook, Excel, Word, and PowerPoint.

• Excellent verbal and written communication abilities.

• Keen attention to detail and precision.

• Ability to manage workload effectively, balance multiple priorities, and meet deadlines in a dynamic environment.

• Familiarity with ICE Mortgage Technology Solutions, particularly Encompass, is preferred.

• Experience in conducting Fair Lending reviews, including redlining analysis, matched-pair testing, or related monitoring activities is preferred.

• Ability to prepare and/or submit regulatory reports, such as quarterly HMDA Loan Application Register data and Mortgage Call Reports (MCRs), is preferred.

🏝️ Benefits

• Medical, Dental, and Vision coverage.

• 401(k) Retirement Plan with a $1 for $1 Company Match up to 5%.

• Paid Parental Leave.

• Associate Assistance Plan.

• Education Assistance Program.

• Up to $30,000 in Adoption Assistance.

• Up to three weeks of vacation annually starting from the moment of hire.

• Policies for Holidays, Sick Leave, and Personal Days.

• New Hire Referral Bonus Program.

• Discounts on Home Purchases.

• Everyone’s Included Day.

• Potential eligibility for bonuses.

• Potential eligibility for commissions.