Description
Position at loanDepot
Position Summary:
Our Director Servicing and Operations Compliance will be responsible for leading Servicing and Operations compliance team. Serve as a mortgage servicing compliance subject matter expert. In collaboration with the Companys Originations Compliance team oversee of Compliance Management System (CMS) activities including compliance testing compliance risk assessments compliance training and monitoring legislative changes and investor/agency guidance. Assist with compliance reporting and provide operations compliance support for examinations.
Responsibilities:
- Oversees the Companys mortgage servicing and operation compliance team compliance testing function and assists with completing compliance risk assessments.
- Oversees the implementation of effective Companywide and jobspecific compliance training.
- Serves as a mortgage servicing compliance subject matter expert and advises Servicing operations on compliance requirements impacting daytoday operations.
- Collaborates with the Companys Originations Compliance team to assist with implementation of the Companys compliance management system.
- Reviews and approves servicing compliance policies and procedures correspondence and scripts.
- Supports and helps implement the companys Fair Servicing policy and procedures.
- Provides examinations support including but not limited to providing required documentation and drafting and responding to exam requests.
- Utilizes knowledge of investor/agency and compliance guidelines for government and agency loans to ensure standards are consistently met.
- Provides expertise and guidance to leadership regarding loan integrity and coordinates detailed and accurate compliance reports. Assist with the preparation of comprehensive compliance reports that educate senior management about compliance issues impacting the Company.
- Works with business leaders to gather data provide feedback for improvements and intelligently coordinate efforts as necessary.
Requirements:
- Minimum of twelve 12 years experience in mortgage servicing compliance required.
- Minimum five 5 years of management experience preferred.
- Bachelors Degree required JD degree a plus.
Why work for #teamloanDepot:
- Aggressive compensation package based on experience and skill set.
- Inclusive diverse and collaborative culture where people from all backgrounds can thrive.
- Work with other passionate purposeful and customercentric people.
- Extensive internal growth and professional development opportunities including tuition reimbursement.
- Comprehensive benefits package including Medical/Dental/Vision.
- Wellness program to support both mental and physical health.
- Generous paid time off for both exempt and nonexempt positions.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010 loanDepot has revolutionized the mortgage industry with a digitalfirst approach that makes it easier faster and less stressful to purchase or refinance a home. Today as the nations second largest nonbank retail mortgage lender loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of lifes most complex transactions. With headquarters in Southern California and offices nationwide loanDepot is committed to serving the communities in which its team lives and works through a variety of local regional and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $148000 and $196000. Your base pay will depend on multiple individualized factors including your jobrelated knowledge/skills qualifications experience and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race religion color national origin gender sexual orientation age marital status veteran status or disability status.
Required Experience:
Director