Corporate Counsel - Remote

Longbridge Financial•Paramus, NJ

15h•$150,000 - $160,000•Remote

About The Position

Longbridge is a leading provider of home equity solutions for seniors, committed to helping older homeowners make the most of their home equity to live the retirement they imagined. The company has earned a reputation for making it easy and stress-free to access home equity with guidance every step of the way, evidenced by an "Excellent" rating on Trustpilot and over a thousand customer testimonials. Longbridge has also been recognized as a Great Place to Work® for three consecutive years, fostering a culture where employees enjoy their work and workplace. The company invests in its people through training and clear career paths, promotes from within, and cultivates a collaborative and fun work environment with team-building events and open communication. Benefits include best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match.

Requirements

Juris Doctorate required.
Active bar membership in good standing in any US jurisdiction.
Minimum 3 years’ residential mortgage banking experience in legal/compliance.
Knowledge of federal and state laws and regulatory requirements.
Working knowledge of US privacy and data security laws.
Strong contract drafting, redlining and negotiation skills.
Excellent organizational, analytical, technical and problem-solving skills, strong attention to detail.
Excellent interpersonal communication skills, with the ability to work collaboratively and with all levels of the organization.
Sound Judgment and ability to analyze information and systems.
High degree of professional ethics and integrity.

Nice To Haves

Reverse mortgage experience or HELOC experience, a plus.
Knowledge of MS Office Suite, All-regs.com, Lexis-Nexis, Practical Law Connect, Loan Operating Systems, a plus.

Responsibilities

Manage transactional work for Longbridge Financial across all business areas, including but not limited to corporate contracts, loan products, HECMs and proprietary home equity loans, compliance, audits, complex transactional agreements and partner/vendor contracts.
Review and negotiate transactional agreements and all contracts, legal correspondence, and other legal documents.
Research state-specific updates and regulatory compliance related to loan products.
Review and negotiate vendor contracts, including NDA, MSA, SOW, DPA, SAAS and Third Party Originator.
Review and negotiate Third Party Originator agreements: mortgage brokers, principal authorized agents and correspondent lenders.
Manage end-to-end contract lifecycle, including intake, drafting, negotiation and organized recordkeeping.
Partner with business units to standardize templates, playbooks and negotiation parameters.
Help maintain a new contract management system/repository and track key dates, obligations and renewal terms.
Assist with corporate transaction matters as needed.
Provide advice on compliance requirements for all consumer federal and state laws and regulations including but not limited to: ECOA, FCRA/FACTA, Fair Housing Act, FTC Act, Dodd-Frank Act, UDAAP, Flood Disaster Protection Laws, GLBA, HMDA, Homeowner’s Protection Act, RESPA, TCPA, TILA as well as FHA/HUD and GNMA guidelines.
Advise sales on compliance and risk mitigation.
Collaborate with Human Resources in the preparation of employee offer letters and compensation plans; separation agreements; employee matters.
Additional responsibilities and projects, as assigned.