Chief Compliance Officer

Our client who is a nationwide mortgage lending firm is looking for a Chief Compliance Officer (CCO) to manage the company's mortgage regulatory compliance operations. Initially, the position will train with the current CCO, and will assume full responsibility upon the current CCO's planned retirement. This is a full time on-site role at our San Diego, CA headquarters. A relocation package will be available for qualified candidates.  

Duties and Responsibilities

• Provide guidance on all federal and state regulations impacting the mortgage lending business.
• Analyze new and changing consumer laws and regulations through regulatory change management process and disseminate information to applicable business areas for implementation.
• Maintain, track and report on identified compliance issues outlined in remediation plans and ensure policies and procedures are implemented and published.
• Develop, track, review and publish policies and procedures related to federal and state statutes, regulations, and rules as well as system changes and updates as needed.
• Maintain a competent level of expertise and knowledge of the requirements of the various laws, regulations, rules governing the mortgage company's activities.
• Assist in other areas when needed such as product and system testing and development.
• Assist in preparation and oversight of annual state filings, post-closing due diligence findings/audits, regulatory reporting, such as HMDA and NMLS MCR to ensure accuracy.
• Oversee and manage any customer complaints, with appropriate responses and filings through to final disposition.
• Prepare documentation and responses for state or federal regulatory audits and examinations.
• Present information to the Board of Directors or a committee thereof.
• Coach, mentor, and support Compliance staff, as needed. Assist in hiring, completing performance evaluations and performance improvement plans, as needed.
• Special projects as assigned.

• Qualifications

  • 7+ years of mortgage regulatory compliance experience.
  • 5+ years of experience in a supervisory/management role leading a project, process or team.
  • Strong knowledge of all federal and state mortgage laws and regulations.
  • Experience with Encompass and proficiency with Excel a plus.
  • Experience with NMLS, MCR filing, HMDA reporting and fair lending analysis.
  • Experience handling state and federal regulatory examinations.
  • Experience in developing and implementing compliance policies, programs, and procedures, including regulatory risk assessments.
  • Excellent ability to interpret and communicate regulatory guidance.
  • Strong project-management skills with a proven ability to coordinate across departments and functions.
  • Willingness to jump in with a positive attitude to help with any task. Ability to analyze complex situations and provide guidance, make recommendations, and/or escalate issues to appropriate levels of management.
  • Attention to detail and strong organizational skills.
  • Excellent verbal and written communication skills.
  • Flexible and adaptable.
  • Analytical and questioning thought process.
  • Ability to manage time and demonstrated ability to manage multiple priorities.