Jobs · Customer Service · Michigan

Mortgage Compliance Licensing Specialist

United Wholesale Mortgage · Pontiac, MI · 1 mo ago
Customer ServiceFull-time

What You Will Be Doing

  • Set up company, branch and individual licenses in all 50 states.
  • Complete and file all licensing reports due quarterly and annually.
  • File entity registration renewals with secretary of state’s offices.
  • Coordinate the timely filing of mortgage call reports (MCRs).
  • Ensure that audited annual financial statements are submitted in NMLS timely.
  • Respond to conditions placed on the company’s licenses by various state regulatory agencies in NMLS and communicate with state regulators to fulfill requirements to remove conditions.
  • Track all licensing due dates and requirements using Airtable and/or other methods.
  • Work with third party vendor to register all company mortgage loan originators for their required annual continuing education courses.
  • Review newly enacted legislation in each state for any changes to licensing provisions that impact UWM or its subsidiaries.
  • Respond to licensing inquiries from the Risk team regarding mortgage broker licenses and statuses in NMLS; reach out to state regulators for guidance.
  • Draft and revise company licensing policies and procedures to ensure that they are current and compliant.
  • Obtain and renew surety bonds for UWM and any new entities.
  • Conduct audits of UWM’s licenses and surety bonds.
  • Identify opportunities to improve processes.

What We Need From You

  • Onsite attendance in our Pontiac office.
  • Bachelor’s degree (or relevant education) and a minimum of two years of mortgage industry experience is required.
  • Mortgage licensing experience is preferred.
  • Experience in a legal or compliance setting is preferred.
  • Demonstrate initiative with a high attention to detail.
  • Must possess confidence in decision making abilities while also ensuring that processes are compliant with all state laws and regulations.
  • Excellent written and verbal communication skills and be able to communicate effectively with both internal and external parties.
  • Experience with Microsoft Office.
  • Highly organized and capable of managing multiple time-sensitive tasks with minimal supervision.

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