Mortgage Licensing Compliance Leader
Responsible for directing the companys mortgage licensing compliance and strategy across all business lines. Provides expert compliance guidance for loanDepots joint venture entities and new origination products, ensuring alignment with regulatory requirements and business objectives. This leadership role, reporting to the Chief Compliance Officer, oversees all corporate, branch, and loan officer licensing activities nationwide.
Responsibilities :
- Directs the loanDepots Licensing team. Performs necessary tasks to acquire and maintain all corporate, branch, and loan officer licenses throughout the enterprise including its mortgage originations, servicing and joint ventures operations.
- Ensures compliance with required mortgage licensing regulations at the federal, state and local levels for the company. Maintains accurate records and databases of all licensing activities and requirements.
- Serves as subject matter expert for licensing and related impacts to new and existing products. In collaboration with peers in Compliance and Legal, assesses the compliance requirements of new originations products, including whether additional licenses are required, and advises executive management on the requirements.
- Supports loanDepots joint venture entities during setup and on an ongoing basis. In collaboration with Compliance peers, assists with the development, implementation, and maintenance of the compliance management system (CMS) for each of the joint venture entities, monitoring ongoing compliance performance within company compliance framework.
- Oversees the creation, analysis, and submission of periodic licensing reports for state and federal licensing agencies. Develops and maintains dashboards and internal summaries to provide visibility into licensing status, upcoming renewals, and potential risks.
- Serves as the primary point of contact with state and federal licensing agencies regarding license applications, renewals and correction of deficiencies and license items. Monitors emerging licensing risks, regulatory changes, and enforcement trends, and escalating issues to leadership, as appropriate.
- Leads, coaches, and develops the licensing team by establishing clear performance expectations, providing ongoing feedback, and promoting cross-training to strengthen team agility.
- Performs other duties and projects assigned.
Requirements :
Bachelor's Degree required. JD and / or CRCM a plus.Minimum of ten (10) years experience in mortgage licensing and originations compliance required.Thorough understanding of multi-state mortgage licensing requirements and regulatory environments.Experience with the Nationwide Mortgage Licensing System.Experience providing originations compliance guidance relating to new products and services.Proven leadership experience, including team management and cross-functional collaboration.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, 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 $116,000 and $159,500. 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.