Sr. Compliance Officer - Remote

  • Full-time

Company Description

Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and partners.

Recognized as an Industry Changemaker, Longbridge CEO Chris Mayer looks at the industry differently and values employees at all levels who drive our company forward.  In fact, we are now a top 2 reverse mortgage lender.

Why work with us?

At Longbridge Financial, “We do the right thing” is more than a mantra, it’s our guarantee.  We want to attract the best and brightest—that’s why we’re committed to giving our employees the support they need and the respect they deserve. We offer competitive compensation packages and benefits, as well as a strong marketing and operations foundation. Join us for a rewarding career with remarkable growth potential.  Ready to be changemaker and be a part of a team to help propel Longbridge to number one?

Job Description

Longbridge is excited to be adding to our Compliance Department. This newly created role will be reporting the Sr. Vice President of Compliance and Legal.  In this remote role, the Sr. Compliance Officer will be asked to ensure compliance with all mortgage banking laws, rules, regulations, and prescribed polices/practices/procedures necessary to reduce risk and uphold ethical standards. The Sr. Compliance Officer will play a major role in the Compliance Management System (“CMS”) and will assist with the compliance and risk management monitoring, reporting, and remediation where appropriate. Ensures the proper compliance training needs are identified and provided to the various business units. Ensure proper controls are in place to collect, review, and submit HMDA data and Mortgage Call Reports.

Key Responsibilities/Requirements:

  • In-depth knowledge of state and federal consumer regulations. This includes all regulations related to mortgage lending, including but not limited to Licensing, TILA, HMDA, RESPA, UDAAP, non-bank CRA requirements and SOX.
  • Strong knowledge and experience in Fair Lending analysis and reviews. Prepare reports, recommendation remediation, if applicable.
  • Review regulatory changes and assess how the changes might affect the company.  Provides recommendations about necessary policy and procedural changes.
  • Manages compliance monitoring programs based on internal/external risk assessments, audit findings and exam findings.
  • Works with management to create and implement new monitoring programs throughout the organization as part of the CMS.
  • Oversee monthly regulatory compliance reviews, identifying weaknesses throughout the organization and work with management to identify root causes, remediation steps, and tracking of the issues.
  • Contributes to the compliance training program. This may include identifying training courses, webinars, etc.; however, it may also include creating compliance related training and providing the training through various methods.
  • Acts as an internal point of contact for compliance related questions and problems.
  • Investigate any compliance breaches, manage the resolution process, and implement measures to prevent future occurrences.
  • Attends and participates in the various committee meetings. This includes but is not limited to attending the committee meetings, presenting updates, and completing take-away tasks as assigned by the committees. 
  • Assists with the audit functions, including the coordination of internal audits with audit firm and internal business unit. Additionally, may be responsible for coordinating the request lists with the business units.
  • Participate in SOX related diligence projects and related audits.
  • Assists with the BSA/AML/CIP/OFAC program when needed. This may include completing Suspicious Activity Reports.
  • Reverse mortgage experience is a plus but not required.  

 

Qualifications

Required Education and Experience:

  • Bachelor’s degree is required with a minimum of seven (7) in a mid-level compliance role with a financial institution. CRMC designation a plus.
  • Experience in managing compliance staff with strong interpersonal skills preferred.
  • Extensive knowledge in mortgage banking and consumer compliance laws and regulations.
  • Ability to form effective relationships and achieve influence at the most senior level in the organization.
  • Proactive, motivated, strong attention to detail, and proven track record in building good working relationships throughout the organization.
  • Strong track record of effectively assessing and managing competing priorities to deliver high quality and timely work.
  • Experience managing or participating in exam management and communicating directly with regulators as the key point of contact for compliance.
  • The ability to work independently as well as in a team environment.
  • A strong sense of understanding when issues require escalation.
  • Working knowledge of the Microsoft Office Suite of products, with the ability to learn / adapt to dedicated software.
  • Analytical writing skills with strong verbal and written communication skills.

 

Additional Information

  • Full benefits
  • 401(k) with company match
  • Paid time off
  • Working in a growing and dynamic industry
  • LBF is an EEO/AA/Vet/Disabled Employer
  • Please note that salaries that are estimated on various job sites may not reflect the actual compensations. Job sites, set the estimated salary, not Longbridge Financial.