Leader, Examinations & Reviews (Fannie/Freddie)

loanDepot, Inc.; Irvine (CA); On-site; USD 115,000 - 160,000; Full time

Benefits offered by this job

Medical/Dental/Vision

Tuition reimbursement

Generous paid time off

Wellness program

Professional development opportunities

Job summary

loanDepot in Irvine, CA is seeking a seasoned compliance professional to oversee regulatory exams, GSE reviews, and regulatory reporting. You will monitor, analyze, and respond to inquiries from regulators and investors, prepare and file Mortgage Call Reports, and coordinate data gathering across teams.

The role requires a Bachelor’s degree and 8 years of mortgage compliance experience, plus 3 years in managing examinations and remediation plans.

Qualifications

• Bachelor’s degree required.
• Eight (8) years’ compliance experience in mortgage/financial industry.
• Three (3) years’ managing examinations and reviews, including remediation plans.
• Experience managing GSE, investor and agency reviews for a mortgage lender.
• Experience managing Freddie CORE exam.
• Experience managing Fannie MORA and STAR exams.

Responsibilities

• Plan and execute regulatory exams and GSE, investor and agency reviews, including monitoring, analyzing, and responding to regulators and investors.
• Prepare exam requests and inquiries, review data requests, coordinate with team members, gather data, manage follow-ups, and ensure timely submissions.
• Track and report progress of regulatory exams.
• Prepare and file periodic regulatory reports including the Mortgage Call Report (MCR).
• Develop and maintain effective communication with internal and external stakeholders and elevate/resolve issues.
• Act as primary point of contact for regulators, agencies and investors.

Skills

8 years compliance experience

Examinations & reviews

Regulatory reporting

Freddie CORE exam

Fannie MORA STAR exam

Mortgage regulations familiarity

Stakeholder communication

Education

Bachelor’s Degree

Job description

Position Summary

Responsible for overseeing or assisting with individual regulatory exams, GSE, agency and investor reviews and regulatory reporting. Monitor, analyze, and respond to regulatory inquiries. Prepare and timely file periodic regulatory reports, including the Mortgage Call Report (MCR). Update the department’s issues tracking database to include examination findings and remediation reports.

Responsibilities

• Examinations, GSE and Agency/Investor Reviews and Regulatory Reporting:
  • Plan and execute regulatory exams and GSE, investor and agency reviews, including monitoring, analyzing, and responding directly to regulators and investors.
  • Prepare exam requests and inquiries, review document and data requests, determine appropriate individuals for response, coordinate with and gather data from a variety of team members and partners, manage any required follow-ups, validate data and ensure that all responses are complete, accurate and submitted timely.
  • Track and report on the progress of regulatory exams.
  • Prepare and timely file periodic regulatory reports, including the Mortgage Call Report (MCR).
  • Develop and maintain effective communication with internal and external stakeholders and timely elevate and resolve issues, as applicable.
  • Act as the examinations/review primary point of contact for regulators, agencies and investors.
• Compliance Projects:
  • Assist with various compliance projects, as necessary.

Requirements

• Bachelor’s Degree required.
• Eight (8) years’ compliance experience in the mortgage or financial industry.
• Three (3) years’ managing and/or examinations and reviews, including overseeing remediation plans.
• Experience in managing or assisting with examinations and GSE, investor and agency reviews for a mortgage lender.
• Experience managing the Freddie (CORE) exam required.
• Experience managing Fannie (MORA and STAR) exam required.
• Familiarity with mortgage regulations, financial services industry best practices and GSE/investor requirements.
• Strong organizational, process, and project management skills.
• Confident interacting with external examiners and reviews and working with all levels of impacted stakeholders.

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 life's 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 salary is one piece of our total rewards package and is structured within a range so you can progress as you grow in the role. For this position, the anticipated annual base salary range is $100,000 to $138,500 nationally. In certain high-cost geographic markets (CA), the anticipated annual base salary range is $115,000 to $159,500. Actual compensation will depend on your skills, experience, qualifications, and the work location tied to our geographic pay structure.

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.