Mortgage Compliance Officer

Z Loans; United States; Hybrid; USD 55,000 - 117,000; Part time

Benefits offered by this job

Remote or hybrid engagement

Job summary

Z Loans is seeking an experienced Mortgage Compliance Officer for a flexible part-time or freelance consulting engagement in the United States. The role oversees the compliance program across wholesale and retail mortgage operations, ensuring adherence to federal and state mortgage lending regulations and licensing requirements.

You will guide policy, monitor regulatory changes, and support risk mitigation efforts.

Qualifications

• 5+ years of mortgage lending compliance experience.
• Experience with wholesale and retail mortgage operations is preferred.
• Strong knowledge of federal and state mortgage lending regulations.
• Experience conducting mortgage compliance audits and file reviews.
• Familiarity with NMLS and state mortgage licensing requirements.
• Experience working with mortgage brokers, loan officers, processors, underwriters, and operations teams.
• Excellent organizational, analytical, and communication skills.
• Ability to work independently and provide practical compliance solutions.

Responsibilities

• Monitor compliance with applicable federal and state mortgage lending laws and regulations.
• Maintain familiarity with CFPB, HUD, FHA, Fannie Mae, Freddie Mac, RESPA, TILA, TRID, ECOA, HMDA, FCRA, SAFE Act, and state regulations.
• Monitor changes in mortgage industry regulations and communicate their impact to management.
• Review mortgage policies, procedures, and operational practices for compliance.
• Review loan origination and processing procedures for compliance concerns.
• Assist with licensing and renewal requirements, NMLS obligations, and regulatory examinations.
• Maintain compliance calendars and documentation; support CMS development.

Skills

Mortgage lending compliance

Regulatory knowledge (federal/state)

Audits & file reviews

NMLS licensing familiarity

Independent work

Communication skills

Relationship management (vendors/partn

Job description

About the Company

We are a growing mortgage company operating in both the wholesale and retail mortgage lending channels. We are seeking an experienced Mortgage Compliance Officer to provide ongoing compliance oversight, guidance, and support to ensure our operations meet applicable federal and state mortgage lending regulations.

This is an excellent opportunity for an experienced mortgage compliance professional seeking a flexible, part-time or freelance consulting engagement.

Position Overview

The Mortgage Compliance Officer will be responsible for overseeing and monitoring our company's compliance program across both wholesale and retail mortgage operations.

The ideal candidate has strong knowledge of mortgage lending regulations, licensing requirements, regulatory examinations, policies and procedures, and compliance monitoring.

We are looking for someone who can work independently, identify potential compliance risks, provide practical recommendations, and help maintain a strong compliance culture throughout the organization.

Key Responsibilities

Regulatory Compliance

• Monitor compliance with applicable federal and state mortgage lending laws and regulations.
• Maintain familiarity with CFPB, HUD, FHA, Fannie Mae, Freddie Mac, RESPA, TILA, TRID, ECOA, HMDA, FCRA, SAFE Act, and applicable state regulations.
• Monitor changes in mortgage industry regulations and communicate their impact to management.
• Help ensure compliance across wholesale and retail mortgage operations.

Wholesale and Retail Operations

• Review mortgage policies, procedures, and operational practices.
• Monitor compliance with broker, lender, and correspondent relationships, as applicable.
• Review loan origination and processing procedures for compliance concerns.
• Assist with oversight of third-party vendors and business partners.
• Identify potential compliance gaps and recommend corrective actions.

Compliance Monitoring & Auditing

• Conduct periodic internal compliance reviews and audits.
• Review loan files, disclosures, advertisements, and marketing materials.
• Monitor compliance with required disclosures and applicable timelines.
• Identify deficiencies and assist with remediation.
• Maintain compliance documentation and audit records.

Licensing & Regulatory Matters

• Assist with state licensing and renewal requirements.
• Monitor NMLS-related compliance obligations.
• Assist with regulatory examinations, audits, and information requests.
• Maintain compliance calendars and reporting requirements.
• Support the development and updating of compliance policies and procedures.

Training & Management Support

• Provide compliance guidance to employees and management.
• Assist with employee compliance training.
• Advise management regarding regulatory changes and potential risks.
• Help establish and maintain an effective compliance management system (CMS).

Qualifications

• 5+ years of experience in mortgage lending compliance preferred.
• Experience with both wholesale and retail mortgage operations strongly preferred.
• Strong knowledge of federal and state mortgage lending regulations.
• Experience conducting mortgage compliance audits and file reviews.
• Familiarity with NMLS and state mortgage licensing requirements.
• Experience working with mortgage brokers, loan officers, processors, underwriters, and operations teams.
• Strong organizational, analytical, and communication skills.
• Ability to work independently and provide practical compliance solutions.

Engagement Structure

We are open to flexible engagement arrangements based on the candidate's experience, qualifications, and the needs of the company.

Potential arrangements include:

• Part-time employment.
• Independent compliance consulting.
• Freelance or project-based consulting.
• Monthly compliance consulting retainer.
• Remote or hybrid engagement.

The scope of services, compensation, schedule, and engagement terms will be mutually agreed upon.

Employment or independent contractor classification will be determined based on the actual nature of the working relationship and applicable federal and state laws.

We are looking for a knowledgeable, dependable compliance professional who can help us maintain strong regulatory oversight while supporting the growth of our mortgage business.