Senior Regulatory Counsel

CrossCountry Mortgage, LLC; Northern (KY); On-site; USD 140,000 - 200,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401K

Job summary

CrossCountry Mortgage, LLC is seeking a Senior Regulatory Counsel to partner across the company on legal and regulatory matters related to mortgage origination. The role involves legal research, regulatory guidance, and support for the regulatory change function, with supervision of a junior attorney.

The ideal candidate will hold a JD with an active bar license, 5+ years in mortgage/financial services compliance, and experience translating regulatory changes into practical policies and system

Qualifications

• JD with active bar license in good standing in at least one U.S. jurisdiction.
• 5+ years of legal or regulatory compliance experience in mortgage lending or financial services.
• Experience interpreting regulatory changes and advising on their implementation.
• Experience supervising or mentoring attorneys or compliance professionals.

Responsibilities

• Research and analyze federal and state laws and regulations affecting CCM’s business activities.
• Provide clear, practical legal advice and recommendations to leadership and stakeholders.
• Prepare memoranda and analyses on complex regulatory matters.
• Interpret new regulatory requirements and determine applicability to CCM.
• Partner on impact assessments and communicate regulatory changes to business units.
• Support implementation of regulatory changes including policy updates.
• Review escalated legal matters and advise accordingly.
• Advise on post-closing compliance matters and remediation actions.
• Translate regulatory requirements into business and system requirements for platforms like Encompass and Mavent.
• Supervise and mentor a junior attorney; coordinate with EVP on complex matters.

Skills

Regulatory compliance

Legal research

Policy writing

Communication

Education

Juris Doctor (JD)

Tools

Encompass

Mavent

Job description

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.**A culture where you can grow!** CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.**Position Overview:** The Senior Regulatory Counsel is a legal and compliance partner across CrossCountry Mortgage (CCM), with a primary focus on mortgage origination. The role provides legal research and regulatory guidance, gives legal support to the regulatory change function, and supervises a junior attorney. This role turns legal and regulatory requirements into practical guidance, policies, procedures, and business and system requirements. The Senior Regulatory Counsel plays a key role in CCM’s compliance program. **Job Responsibilities:*** Research and analyze federal and state laws and regulations affecting CCM’s business activities.* Provide clear, practical legal advice and recommendations to leadership and business stakeholders.* Prepare legal memoranda and written analyses on complex regulatory and compliance matters.* Interpret new and amended regulatory requirements and determine how they apply to CCM.* Partner with the regulatory change implementation function on impact assessments and communication of regulatory change to business units.* Support implementation of regulatory changes, including updates to policies and procedures.* Review and resolve escalated legal and compliance matters from the compliance inbox.* Evaluate borrower rescission requests and advise on required actions and timing.* Advise on post-closing compliance matters, including corrective actions, cures, and remediation.* Support power-of-attorney and trust reviews for loan transactions.* Manage and prioritize legal and compliance origination issues, as identified.* Translate legal and regulatory requirements into practical, risk-based guidance for business partners.* Turn regulatory requirements into business and system requirements, controls, and processes for Encompass, Mavent, and other platforms.* Supervise, train, and mentor a junior attorney, including assigning work and reviewing work product.* Partner with the EVP, Regulatory Counsel on complex regulatory matters and business challenges.* Keep the EVP, Regulatory Counsel informed of significant matters, emerging risks, and priorities, with recommended courses of action.**Qualifications and Skills:*** Juris Doctor (J.D.) and active bar license in good standing in at least one U.S. jurisdiction.* 5+ years of legal or regulatory compliance experience in mortgage lending or financial services.* Experience interpreting regulatory changes and advising on their implementation.* Experience supervising or mentoring attorneys or compliance professionals, preferred.* Extensive knowledge of mortgage origination laws and regulations, including TILA/Regulation Z, RESPA/Regulation X, ECOA/Regulation B, HMDA, FCRA, the SAFE Act, UDAAP, and state lending and licensing requirements.* Advanced legal research, analysis, and writing skills, to effectively explain complex legal concepts to business and executive audiences.* Skill in converting regulatory requirements into operational and technology requirements.* Excellent communication, strategic thinking, and problem-solving skills.* Sound judgment to effectively manage a high volume of matters and competing deadlines.* Excellent collaboration, organizational, and problem-solving skills.* Experience with loan origination systems, Encompass preferred.* Experience with compliance technology such as Mavent. This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities, or working conditions associated with the position.