Description
Position at loanDepot
Position Summary:
Leads the regulatory change management function overseeing the review of mortgage servicing and originations regulatory updates assessing their impact and translating complex requirements into clear actionable guidance for business units. Ensures compliance readiness by facilitating timely implementation through stakeholder engagement effective communication strategies and comprehensive documentation. Manages multiple initiatives simultaneously and provides ongoing guidance to the business throughout the change process.
Responsibilities:
- Own and manage the Regulatory Change Management (RCM) process for mortgage servicing and originations including regulatory intake applicability analysis impact assessment stakeholder engagement implementation oversight and compliance validation.
- Review all mortgage-related regulatory changes and updates to determine their impact on business areas translating complex agency and regulatory material into clear actionable communications for various departments.
- Monitor regulatory developments from key sources such as CFPB HUD/FHA Ginnie Mae Fannie Mae Freddie Mac FHFA and state mortgage regulators leveraging subscription-based resources to stay apprised of industry changes.
- Collaborate closely with business partners to drive timely action planning control development and effective implementation of regulatory requirements.
- Schedule and facilitate regular meetings to discuss change implementation and address associated questions.
- Maintain a formal RCM log to track all regulatory changes and provide timely communication of these updates to relevant stakeholders and log various compliance issues in the Compliance Departments issue tracking database.
- Develop and deliver comprehensive reporting that provides clear visibility into regulatory changes implementation status compliance risks and audit/examination readiness.
- Perform ad hoc compliance research for internal stakeholders.
- Organize and manage multiple projects and timelines effectively to support seamless regulatory change execution.
- Serve as an advisor to business and operational teams supporting impact assessments and helping ensure sustainable compliance with evolving regulatory obligations.
Requirements:
- Bachelors Degree preferred.
- Minimum of eight (8) years experience in mortgage servicing or originations regulatory change management.
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 customer-centric 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 non-exempt 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 digital-first approach that makes it easier faster and less stressful to purchase or refinance a home. Today as the nations second largest non-bank 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 $79000 and $139500. Your base pay will depend on multiple individualized factors including your job-related 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.