SVP, Corp Assoc Gen Cnsl

Overview

This role is for a Senior Vice President, Associate General Counsel focused on Capital Markets and Secondary Marketing. Responsibilities include reviewing, negotiating, and drafting deal documents for complex mortgage securitizations, bulk whole loan sales, mortgage servicing rights (MSR) transactions, derivatives (ISDAs/MSFTAs), and other structured finance transactions.

Responsibilities

• Review, negotiate, and draft:
  • Mortgage Loan Purchase and Sale Agreements
  • Mortgage Loan Servicing Rights (MSR) Acquisition and Sale Agreements
  • Mortgage Loan Repurchase Agreements
  • Mortgage Loan Servicing Agreements
  • Confidentiality Agreements
• Provide legal counsel on transaction structuring, asset transfer requirements, and risk allocation for MSR and whole loan sales.
• Provide strategic legal counsel on consumer mortgage compliance and asset eligibility, including alignment with:
  • Qualified Mortgage (QM) requirements
  • Ability-to-Repay (ATR) rules
  • CFPB regulations
  • Agency requirements (FNMA, FHLMC, and GNMA)
• Structure, draft, and negotiate ISDAs, MSFTAs, and Securities Repurchase Agreements.
• Review and update derivatives trading policies to ensure compliance with:
  • Dodd-Frank
  • ISDA protocols
  • Rules governing Commodity Pool Operators (CPOs) and Commodity Trading Advisors (CTAs)
• Review, negotiate, and draft mortgage loan securitization documentation, including:
  • Pooling and Servicing Agreements (PSAs)
  • Custodial Agreements
  • Indentures
  • Trust Agreements
  • Escrow Agreements
  • In-House Legal Opinions
  • Indemnification Agreements
• Review and negotiate offering documents, including:
  • Private Placement Memorandums (PPMs)
  • Offering Circulars
  • Prospectuses
  • Term Sheets
• Oversee legal aspects of securitization due diligence, including managing Third-Party Review (TPR) firm engagements and reviewing and negotiating Due Diligence Questionnaires (DDQs) and related agreements.
• Draft, review, and revise Originator and Servicer Disclosures for company and third-party securitizations, ensuring adherence to disclosure and reporting requirements of Regulation AB and Federal Securities Laws.
• Manage and ensure compliance with securitization regulatory frameworks, including:
  • US credit risk retention requirements
  • SEC Rule ABS-15G reporting
  • Other applicable Federal Securities Laws
• Perform other related duties as required and assigned.
• Demonstrate behaviors aligned with the organization’s desired culture and values.

Requirements

• Post-graduate degree.
• 5+ years of relevant work experience.
• Significant experience in secondary market and capital markets transactions, including:
  • Bulk whole loan sale transactions
  • Third-party mortgage securitization transactions
  • Related regulatory and compliance requirements
• Must be highly proficient in Word.
• Strong attention to detail, excellent critical thinking skills, sound judgment, and the ability to handle multiple projects effectively.
• Ability to work independently and as a team player.
• Strong business acumen and ability to interface with senior and executive management.

Preferred Qualifications

• Knowledge of mortgage loan origination, compliance, underwriting, servicing, and subservicing.

Compensation & Benefits

• Salary: $140,000 - $175,000
• Individual salary may vary based on role, geographic location/market data, and skills and experience.
• Some roles may be eligible for performance-based compensation and/or stock-based incentives based on company and individual performance.

Benefits include:

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave
• Wellness Programs and Employee Recognition Programs
• Retirement benefits, life insurance, and 401k match
• Tuition reimbursement
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants, and corporate sponsorships
• Onsite gyms and cafe style dining (select locations)

Location & Work Model

• Work model: REMOTE
• The role can be remote or in-house in any of the organization’s locations.