Director of Compliance

Charlotte, VT - USA

Monthly Salary: Not Disclosed

Posted on: 2 days ago

Vacancies: 1 Vacancy

Job Summary

Why Deephaven Mortgage

Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven champions mortgage borrowers whose independence entrepreneurial drive and determination are often the very reason they cannot qualify for a traditional loan.

We continuously and responsibly innovate new mortgage products and programs that put homeownership within reach of millions of borrowers and investors that need and deserve financing through lending ingenuity that is supported by common-sense underwriting.

Deephaven is comprised of two lending platforms. Our wholesale channel offers loans through a network of over 1000 independent mortgage brokers. Our correspondent channel buys loans from over 200 correspondent partners.

Deephavens headquarters are in Charlotte North Carolina. To learn more about our innovative loan solutions please visit or email us at

Job Overview

The Director Compliance is responsible for overseeing and managing the organizations compliance with relevant laws regulations and industry standards. This role plays a crucial part in ensuring that the company operates within legal and ethical boundaries reducing risks and upholding its reputation.

What Youll Do

Maintain knowledge of applicable local state and federal laws and regulations as well as industry best practices to provide subject matter expertise and identify emerging risks
Serve as compliance representative on Change Committee
Oversee the Companys Compliance Management Program to ensure that it is reasonably designed to prevent and detect compliance issues
Develop maintain and enforce compliance policies and procedures
Respond to consumer complaints submitted through regulators; track analyze and report on consumer complaints
Manage the Compliance Training Program
Manage the regulatory change management process which includes the identification evaluation and implementation of new or amended rules/regulations
Oversee the management of Company Individual and Branch Licensing (NMLS) including any required Surety Bonds
Manage compliance related escalations
Manage state/regulatory examinations or inquiries
Oversee the preparation and submission of regulatory reports and filings to ensure timeliness and alignment with compliance requirements including state annual reports HMDA LAR MCR NV MAR NCCOB
Investigate loan level compliance violations/concerns reported through internal channels or due diligence and develop and implement corrective action plans and resolutions
Provide the line of business with assistance in assessing responding and remediating Internal Audit observations/findings related to compliance requirements
Research and opine on compliance considerations and risks related to the implementation of new products or services

Requirements

Bachelors degree in a relevant field (e.g. Business Law Compliance) JD preferred
Comprehensive knowledge of relevant laws and industry related regulations
Strong analytical and problem-solving skills
Exceptional communication and interpersonal skills
Ability to build and maintain strong working relationships with regulators

Preferred

Experience with loan origination and compliance monitoring tools (e.g. Encompass Mavent)
Legal background or juris doctor (J.D.) degree

This organization participates in E-Verify

Our Perks

Flexible Time to Recharge Personalized Time Off for What Matters (because rest isnt one-size fits all)

Future Finance Focused Generous employer-matched 401(k) plan

Community Connect Philanthropy Committee that creates charitable initiatives

Health from Day One Comprehensive health insurance starting on day one of employment

Family Matters Competitive maternity and paternity leave

Culture & Celebrations Culture Committee with team-building events and celebrations

Ideas Welcome Encouraging thought leadership and innovation

Guidance & Growth Mentorship opportunities for career development

Perk Up Exclusive discounts on travel tech pets legal and more

Required Experience:

Director

Why Deephaven Mortgage Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven cha...