Jobs · Customer Service · Michigan

Senior Licensing Specialist

United Wholesale Mortgage · Pontiac, MI · 3 wk ago
Customer ServiceFull-time

About the role

The Senior Licensing Specialist will be responsible for all of UWM’s mortgage lender licenses in all 50 states. This individual will need to be familiar with state regulatory agency requirements and statutory law governing mortgage lenders and financial institutions.

Responsibilities

  • Set up company, branch and individual licenses in all 50 states.
  • Complete and file all licensing reports due quarterly and annually.
  • 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.

Requirements

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. Must 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. Must have excellent written and verbal communication skills and be able to communicate effectively with both internal and external parties. Must have experience with Microsoft Office. This individual must be highly organized and be capable of managing multiple time-sensitive tasks with minimal supervision.

Qualifications

No specific qualifications are mentioned in the job posting.

Skills

No specific skills are mentioned in the job posting.

Benefits

No specific benefits are mentioned in the job posting.

Pay

No specific pay details are mentioned in the job posting.

Schedule

This role requires 100% onsite attendance in our Pontiac office.

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