Regulatory Counsel

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

📋 Description

• Offer legal analysis and counsel regarding federal and state mortgage lending laws and regulations, ensuring the organization's compliance.

• Lead and assist in managing regulatory changes, which includes tracking legal developments, interpreting requirements, and advising on implementation strategies across affected business sectors.

• Work collaboratively as legal counsel for new and expanded business projects, products, and business lines, assessing regulatory risks and structuring compliant solutions.

• Conduct thorough legal research and provide clear, actionable guidance to business and compliance stakeholders.

• Collaborate with Senior Regulatory Counsel and cross-functional teams (including Compliance, Operations, Product, and Technology) to create practical, business-oriented solutions to regulatory challenges.

• Convert legal and regulatory requirements into operational controls within loan origination systems (e.g., Encompass) and compliance tools (e.g., Mavent).

• Develop and maintain internal compliance resources, including guidance materials such as a Mavent Compliance Guide.

• Draft, review, and update policies and procedures to align with regulatory changes, new products, and evolving business practices.

• Identify regulatory risks and compliance gaps, recommending strategies for mitigation and process enhancements.

• Assist with internal audits, examinations, and regulatory inquiries, including preparing necessary responses and documentation.

⛳️ Requirements

• Juris Doctor (JD) degree from an accredited law school.

• Active bar membership in good standing in at least one U.S. jurisdiction.

• A minimum of 2 years of relevant legal or regulatory compliance experience in the banking or mortgage sector is preferred.

• Experience in advising on consumer mortgage lending laws and regulations, including TILA/Regulation Z, RESPA, ECOA, HMDA, and applicable state laws.

• Background in supporting regulatory change management and/or product counseling within a financial services context.

• Familiarity with loan origination systems (e.g., Encompass) and compliance tools (e.g., Mavent) is preferred.

• Strong analytical, issue-spotting, and problem-solving abilities.

• Excellent communication skills, adept at providing clear and concise legal guidance to a diverse range of stakeholders.

• Proficient in interpreting complex legal requirements and translating them into practical, operationally sound business solutions.

• Capable of managing multiple priorities and functioning effectively in a dynamic, evolving regulatory landscape.

🏝️ Benefits

• Medical

• Dental

• Vision

• 401K

• Company-provided short-term disability

• Employee assistance program

• Wellness program