Senior Compliance Associate

Figure · United States · 2 wk ago

RemoteRemoteFinance$75k–$112k/yrFull-time

About the role

We are seeking a highly motivated and detail-oriented Senior Compliance Associate to join our legal and compliance team. In this role, you will own the end-to-end lifecycle of our state lending licenses, oversee critical annual and periodic regulatory reporting, and serve as the lead point of contact for state regulatory examinations.

What You'll Do

Oversight of the company’s multi-state mortgage lending and consumer lending license portfolio via the Nationwide Multistate Licensing System (NMLS) and individual state portals.
Management of the research, preparation, and submission of new corporate, branch, and individual MLO (Mortgage Loan Originator) license applications as the company expands.
Led the timely preparation, validation, and submission of all required state annual reports, quarterly Mortgage Call Reports (MCR), and financial condition filings.
Partner with internal Data, Operations, and Finance teams to pull, audit, and reconcile loan production and servicing data to ensure 100% accurate regulatory reporting.
Manage required material change notifications to state regulators regarding corporate structure, executive leadership, or business activities.
Serve as the primary liaison and Lead Project Manager for all state regulatory examinations (e.g., routine compliance audits, financial exams).
Coordinate internal data-room preparation, gathering loan files, policies, procedures, and corporate records requested by examiners. Pre-review materials for quality assurance.
Draft formal responses to examination findings and collaborate with business units to implement corrective action plans, tracking them through to successful resolution.

What We Look For

Minimum of 4-6 years of compliance or regulatory experience within a mortgage lender, consumer finance company, or banking institution.
Strong proficiency with the NMLS portal is required.
A strong foundational understanding of federal and state lending regulations (e.g., TILA/RESPA, ECOA, FCRA, SAFE Act, and state-specific Consumer Credit Codes).
Specifically a strong foundational understanding of open-end credit products.
Proven experience directly participating in or leading state regulatory examinations.
Bachelor’s degree in Business, Finance, Legal Studies, or a related field (or equivalent practical experience).
Familiarity with digital assets, cryptocurrency, or blockchain technology and an understanding of how regulators view asset-backed lending (preferred).
CRCM (Certified Regulatory Compliance Manager) or CAMS (Certified Anti-Money Laundering Specialist) designation (preferred).
Exceptional written and verbal communication skills, with the ability to interface confidently with state regulators and executive leadership alike.
A sharp eye for data discrepancies and a proactive approach to identifying compliance gaps before they become audit issues.
Adhere to all company security policies and data handling procedures.
Complete mandatory security awareness training within required timeframes.
Promptly report any suspected security incidents or suspicious activity to the Security team.

Salary and Benefits

Salary Base Compensation Range: $74,800-$112,200/yr
25% annual bonus target, paid quarterly
Company equity in the form of RSUs
Comprehensive medical, dental, and vision coverage, with 100% employer-paid premiums for employees and their dependents on select plans
Company HSA, FSA, Dependent Care FSA, 401(k), and commuter benefits
Employer-paid life and disability insurance
11 observed holidays and PTO plan
Up to 12 weeks of paid family leave
Continuing education reimbursement
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