Regulatory Counsel

Overview

A leading national distributed retail mortgage lender is seeking a Regulatory Counsel to provide legal support focused on compliance with federal and state mortgage lending laws. This role emphasizes regulatory change management, new business initiatives, and product development, working cross-functionally to integrate regulatory requirements into business strategy and operations.

Responsibilities

• Provide legal analysis and advice on federal and state mortgage lending laws and regulations to ensure compliance.
• Lead and support regulatory change management by monitoring legal developments, interpreting requirements, and advising on implementation strategies.
• Serve as legal counsel for new and expanded business initiatives, products, and lines of business, assessing regulatory risk and structuring compliant solutions.
• Conduct in-depth legal research and deliver clear, actionable guidance to business and compliance teams.
• Collaborate with Senior Regulatory Counsel and cross-functional teams including Compliance, Operations, Product, and Technology to develop practical solutions to regulatory challenges.
• Translate legal and regulatory requirements into operational controls within loan origination systems (e.g., Encompass) and compliance tools (e.g., Mavent).
• Develop and maintain internal compliance resources, including guidance materials such as a Mavent Compliance Guide.
• Draft, review, and update policies and procedures to reflect regulatory changes, new products, and evolving business practices.
• Identify regulatory risks and compliance gaps, recommending mitigation strategies and process improvements.
• Support internal audits, examinations, and regulatory inquiries by preparing responses and documentation as needed.

Requirements

• Juris Doctor (JD) from an accredited law school.
• Active bar membership in good standing in at least one U.S. jurisdiction.
• Minimum of 2 years of relevant legal or regulatory compliance experience in the banking or mortgage industry preferred.
• Experience advising on consumer mortgage lending laws and regulations, including TILA/Regulation Z, RESPA, ECOA, HMDA, and applicable state laws.
• Demonstrated experience supporting regulatory change management and/or product counseling in a financial services environment.
• Familiarity with loan origination systems (e.g., Encompass) and compliance tools (e.g., Mavent) preferred.
• Proven ability to interpret complex legal requirements and translate them into practical, operationally sound business solutions.
• Strong analytical, issue-spotting, and problem-solving skills.
• Excellent written and verbal communication skills, capable of providing clear and concise legal guidance to diverse stakeholders.
• Ability to manage multiple priorities and operate effectively in a fast-paced, evolving regulatory environment.

Compensation & Benefits

• Annual salary range: $90,000 - $132,000, considering candidate background, experience, and work location, with potential for salary growth within the position.
• Competitive compensation plan.
• Robust benefits package including medical, dental, vision coverage.
• 401(k) retirement plan.
• Company-provided short-term disability.
• Employee assistance program.
• Wellness program.

Location

This position supports operations across all 50 states, the District of Columbia, and Puerto Rico.

This job description outlines the essential functions and general nature of the role but is not an exhaustive list of all duties, responsibilities, or qualifications associated with the position.