Director of Compliance

Deephaven Data Labs • Charlotte, NC

5d

About The Position

Why Deephaven Mortgage? Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven champions mortgage borrowers whose independence, entrepreneurial drive and determination are often the very reason they cannot qualify for a traditional loan. We continuously and responsibly innovate new mortgage products and programs that put homeownership within reach of millions of borrowers and investors that need and deserve financing through lending ingenuity that is supported by common-sense underwriting. Deephaven is comprised of two lending platforms. Our wholesale channel offers loans through a network of over 1,000 independent mortgage brokers. Our correspondent channel buys loans from over 200 correspondent partners. Deephaven’s headquarters are in Charlotte, North Carolina. To learn more about our innovative loan solutions please visit www.deephavenmortgage.com or email us at [email protected]. Job Overview The Director Compliance is responsible for overseeing and managing the organization’s compliance with relevant laws, regulations, and industry standards. This role plays a crucial part in ensuring that the company operates within legal and ethical boundaries, reducing risks, and upholding its reputation.

Requirements

• Bachelor’s degree in a relevant field (e.g., Business Law, Compliance), JD preferred
• Comprehensive knowledge of relevant laws and industry related regulations
• Strong analytical and problem-solving skills
• Exceptional communication and interpersonal skills
• Ability to build and maintain strong working relationships with regulators

Nice To Haves

• Experience with loan origination and compliance monitoring tools (e.g., Encompass, Mavent)
• Legal background or juris doctor (J.D.) degree

Responsibilities

• Maintain knowledge of applicable local, state, and federal laws and regulations as well as industry best practices to provide subject matter expertise and identify emerging risks
• Serve as compliance representative on Change Committee
• Oversee the Company’s Compliance Management Program to ensure that it is reasonably designed to prevent and detect compliance issues
• Develop, maintain and enforce compliance policies and procedures
• Respond to consumer complaints submitted through regulators; track, analyze, and report on consumer complaints
• Manage the Compliance Training Program
• Manage the regulatory change management process, which includes the identification, evaluation, and implementation of new or amended rules/regulations
• Oversee the management of Company, Individual, and Branch Licensing (NMLS) including any required Surety Bonds
• Manage compliance related escalations
• Manage state/regulatory examinations or inquiries
• Oversee the preparation and submission of regulatory reports and filings to ensure timeliness and alignment with compliance requirements including state annual reports, HMDA LAR, MCR, NV MAR, NCCOB
• Investigate loan level compliance violations/concerns reported through internal channels or due diligence and develop and implement corrective action plans and resolutions
• Provide the line of business with assistance in assessing, responding, and remediating Internal Audit observations/findings related to compliance requirements
• Research and opine on compliance considerations and risks related to the implementation of new products or services

Benefits

• Flexible Time to Recharge – Personalized Time Off for What Matters (because rest isn't one-size fits all)
• Future Finance Focused – Generous employer-matched 401(k) plan
• Community Connect– Philanthropy Committee that creates charitable initiatives
• Health from Day One – Comprehensive health insurance starting on day one of employment
• Family Matters – Competitive maternity and paternity leave
• Culture & Celebrations – Culture Committee with team-building events and celebrations
• Ideas Welcome – Encouraging thought leadership and innovation
• Guidance & Growth – Mentorship opportunities for career development
• Perk Up – Exclusive discounts on travel, tech, pets, legal, and more

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 101-250 employees