SVP - Mortgage Compliance Officer
Location: Franklin, Tennessee, United States
Reference ID: TN - 226
SVP – Mortgage Compliance Officer
MR Dominion is partnering with a Top 30 Mortgage Originator on a key Mortgage Compliance Officer role. Our firm, MR Dominion is an affiliate of Management Recruiters International. We specialize in the banking ‘vertical’, primarily working with $0 to $20B banks nationwide. Our specialty is placing top performers within Accounting, Finance, Audit, Risk, and Compliance.
This client has a very robust mortgage business and their product offering is diverse. Retail, HELOC’s, derivatives, reverse mortgages, correspondent channels amongst others are enough to keep any savvy mortgage professional busy. You will be reporting to a top-flight EVP – Chief Compliance Officer at the holding company level, who is very tenured, and will give you the toolkit and the autonomy to be successful in this role. This is a unique opportunity to build something instead of trying to fix what is broken and despite the rising interest rate environment, you will be a bit insulated as this is a bank subsidiary, not a standalone mortgage company. Our client is committed to the long-term success of their mortgage unit. The hiring of the right Mortgage Compliance Officer in this role will be a big part of that.
This critical role with our Tennessee-based client ensures that the bank’s mortgage subsidiaries practices and procedures are clearly outlined, understood, and compliant with Fannie, Freddie, and FHA guidelines. This is the FDIC’s largest client bank as far as mortgage originators are concerned. In this newly created, high-profile role, you must have a current comprehensive working knowledge of all regulatory compliance requirements as it relates to the mortgage industry in the areas of processing, underwriting, closing, both origination and servicing functions, effective communication with borrowers, and fulfilling all documentation requirements. Remaining current on changes in the mortgage industry and ensuring both proper communication and subsequent implementation of those changes to ensure a “best in class” compliance protocol within this bank’s mortgage subsidiary is paramount to your success.
Our client boasts a great environment, a smart, humble team, a fantastic location, and strong compensation program including base, bonus, and relocation. Please inquire today in confidence.