Director of Mortgage Compliance
About the role
The Director of Mortgage Compliance is a senior leadership role responsible for developing, implementing, and overseeing the company's mortgage compliance program. This position ensures adherence to all applicable federal and state mortgage lending laws, regulations, and internal policies while partnering cross-functionally with Legal, Operations, Technology, and Business Development to embed a culture of compliance throughout the organization.
Responsibilities
Design, implement, and continuously enhance the enterprise mortgage compliance management system (CMS)
Establish policies, procedures, and controls aligned with CFPB, HUD, FNMA, FHLMC, Ginnie Mae, and state-specific requirements
Serve as the primary compliance subject matter expert for the mortgage line of business
Present compliance program updates, risk metrics, and remediation plans to executive leadership and the Board of Directors
Monitor, interpret, and communicate regulatory changes affecting mortgage origination, servicing, and secondary market activities
Advises business units on the compliance implications of new products, programs, and operational changes
Manage agency and regulatory relationships, including examinations and inquiries from the CFPB, OCC, FDIC, FRB, and state regulators
Coordinate regulatory examination preparation, response, and remediation activities
Develop and execute a risk-based compliance testing and monitoring schedule covering TRID, RESPA, HMDA, ECOA, FCRA, CRA, and other applicable regulations
Identify, escalate, and remediate compliance deficiencies and emerging risks in a timely manner
Maintain and update compliance risk assessments across the mortgage product portfolio
Develop and deliver compliance training programs for mortgage originators, processors, underwriters, and support staff
Champion a proactive compliance culture by partnering with HR, Training, and Business Leaders
Provide ongoing coaching and guidance to compliance analysts and officers on the team
Lead, mentor, and develop a team of mortgage compliance professionals
Manage third-party compliance vendors, including compliance software platforms and outside counsel
Oversee the compliance review of third-party originators (TPOs), correspondent lenders, and service providers
Requirements
Bachelor's degree in Business, Finance, Law, or a related field; or equivalent experience
8+ years of mortgage compliance experience, with at least 3 years in a management or director-level role
In-depth knowledge of federal mortgage regulations: TRID (TILA-RESPA Integrated Disclosures), RESPA, HMDA, ECOA/Reg B, FCRA, Reg Z, Reg X, Dodd-Frank, and applicable state lending laws
Demonstrated experience managing regulatory examinations and agency relationships
Strong analytical, written, and verbal communication skills, including executive-level presentation experience
Proven ability to lead cross-functional teams and manage competing priorities in a fast-paced environment
Preferred
CRCM (Certified Regulatory Compliance Manager) or similar professional certification
Familiarity with LOS platforms (Encompass, Empower, Byte) and compliance management systems
Experience with GSE seller/servicer guide requirements and HUD/FHA program compliance
Benefits
Medical
Dental
401k with match
Paid Time Off
Volunteer Time Off
Salary Range
$100,000 - $135,000