Senior Regulatory Research Attorney

DocMagic•Torrance, CA

About The Position

The Senior Regulatory Research Attorney provides general legal support to DocMagic’s compliance department and coordinates regulatory change. The position is primarily responsible for the Compliance Edge Newsletter and compliance content on DocMagic’s website. It also prepares legal documents and disclosures for consumer and non-consumer lending, including non-residential lending, and manages personnel performing similar work. The attorney serves as an organizational subject matter expert on how loans should be made in light of applicable federal, state, and local laws. The role may also involve supporting products and services offered outside the United States and complying with foreign laws, which may be learned on the job.

Requirements

Juris Doctor (JD) degree.
Five to ten years of experience in the financial services industry.
Five or more years of knowledge of legal and regulatory requirements related to mortgage lending, including federal TILA, RESPA, FCRA, and HPA requirements, state legal and regulatory requirements, and investor guidelines such as FNMA/FHLMC, FHA, VA, and USDA.
Ability to build strong working relationships and communicate effectively with people at all levels of DocMagic.
Ability to work under pressure in a fast-paced environment and meet multiple, sometimes competing deadlines.
Superior analytical and research skills, including the ability to synthesize information for document and disclosure preparation and to answer questions.
Excellent written and verbal communication skills for presenting information to employees and management, communicating with customers, and publishing articles.
Experience with Word, Excel, Outlook, and PowerPoint.
Positive and friendly manner, with the ability to support and inspire the company culture.
Strong organization and attention to detail, with ownership of responsibilities.
Ability to complete assignments on time or advise in advance of delays.
Excellent time management, organizational, and communication skills.
Sound judgment and decision-making skills.
Ability to work within time limits, handle concurrent tasks, and prioritize responsibilities.
Strong problem-solving skills and ability to identify and correct issues.
Willingness to take risks to innovate and create better solutions.
Willingness to travel periodically for business needs.

Nice To Haves

Bar admission.
Knowledge of non-consumer mortgage lending.

Responsibilities

Advise the Chief Compliance Officer of legal and regulatory changes applicable to DocMagic products and services, including document compliance, auditing, high-cost testing, and regulatory calculations related to mortgage lending.
Manage personnel performing document compliance reviews, regulatory change work, and website content duties.
Analyze legal and regulatory changes related to the mortgage lending industry.
Provide guidance and written solutions for Customer Service responses to customer inquiries about compliance matters.
Provide compliance guidance and training to the Compliance and Customer Service departments.
Draft mortgage lending documents for use by DocMagic clients.
Write articles for the Compliance Edge Newsletter reflecting legal and regulatory disclosure requirements.
Test compliance products published for customer use for accuracy, such as compliance matrices and disclosure matrices.
Review laws and regulations to support launches of new forms, products, or business areas.
Provide internal department members with oversight and guidance in executing legal and regulatory changes.
Perform other duties as assigned; duties and responsibilities may change.