Mortgage Compliance Specialist
Fully Remote
Description

 About Newfi Lending

Founded in 2014 and headquartered in Emeryville, CA, Newfi Lending is owned by Apollo Global Management, one of the largest private-equity firms in the world. As one of the largest non-QM lenders in the industry, we are passionate about offering innovative lending solutions to borrowers nationwide. Our proprietary loan programs and common-sense exceptions offer greater opportunities to qualify self-employed borrowers, real estate investors, or borrowers needing ways to access their home equity in our Wholesale, Correspondent, and Consumer Direct channels. We are looking for forward-thinking and dynamic professionals to be a part of Newfi’s story…apply today to join our team!


Responsibilities:

  • Collaborate effectively with organizational support to address loan level compliance-related concerns and provide guidance on necessary resolutions
  • Stay current with changes in mortgage laws and regulations and Meridian Link LOS updates and offer training to the team to ensure alignment with compliance requirements
  • Coordinate consolidated and efficient reporting including federal and state reporting to include verification, of compliance and risk functions to the business
  • Act as a subject matter expert and compliance liaison for third parties on the implementation of consumer laws and regulations as well as industry best practices
  • Assist in management of policies and procedures and disclosures related to compliance including assessing for new and current regulatory requirements and implementing & remediating gaps in existing policies, procedures and disclosures
  • Support external compliance examinations, routine licensing and auditing and reporting and external audits
  • Assist with the review of all company forms, disclosures, consumer facing publications and advertisements
  • Conduct routine communication with stakeholders to gather, track and assess compliance and risk information 
  • Identify opportunities to reduce operational, financial, legal and regulatory risk
Requirements
  • Bachelor's degree in finance, business, or a related field (preferred)
  • A minimum of 5 years of experience in mortgage compliance, with a solid grasp of federal and state mortgage regulations
  • Proficiency in utilizing the Meridian Link Mortgage LOS or similar mortgage origination software
  • Exceptional attention to detail and strong analytical skills
  • Effective communication and interpersonal abilities
  • Problem solver with ability to navigate organizational complexities.
  • Ability to work with little to no supervision whole performing duties 
  • Must be able to effectively handle multiple, simultaneous and changing priorities
  • Must be capable of exercising the highest level of discretion on both external and internal confidential matters
  • Any mortgage compliance certification is a plus


Benefits:

  • Competitive comp plan with salary
  • 401k and full medical, dental, vision
  • Leadership at your fingertips


Newfi Lending is an Equal Opportunity Employer. We respect and aim to empower individuals and support the diverse cultures, perspectives, skills and experiences within our workforce. 


Visit us at www.newfi.com or www.newfiwholesale.com


Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by persons assigned to this position. They are not intended to be an exhaustive list of all associated responsibilities, skills, efforts, or working conditions. The Company reserves the rights to change, amend, add, delete, and otherwise assign any and all duties, responsibilities, and position titles, as it deems necessary to meet the needs of the business.