Senior Regulatory Research Attorney

DocMagic•Torrance, CA

5d•$160,000 - $180,000

About The Position

The Senior Regulatory Research Attorney provides general legal support to DocMagic’s compliance department and coordinates regulatory change across the organization. The role is primarily responsible for the Compliance Edge Newsletter and compliance content on DocMagic’s website. It also prepares legal documents, including mortgages, promissory notes, and disclosures for consumer and non-consumer lending, including non-residential lending, and manages personnel performing similar duties. The position serves as an organizational subject matter expert on how loans should be made in light of applicable federal, state, and local laws. Work may also include supporting products and services offered outside the United States and compliance with foreign laws, which may be learned on the job. The role advises the Chief Compliance Officer, supports internal teams and customers on compliance questions, tests compliance products, and helps implement legal and regulatory changes.

Requirements

Juris Doctor (JD) required; bar admission preferred but not required.
Five to ten years of experience in the financial services industry.
At least five years of knowledge of legal and regulatory requirements related to mortgage lending, including federal TILA, RESPA, FCRA, and HPA requirements, state 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 preparing documents and disclosures and answering questions.
Excellent written and verbal communication skills for presenting information to employees and management, communicating with customers, and publishing articles.
Experience working with Word, Excel, Outlook, and PowerPoint.
Willingness to travel periodically for business needs.
Positive and friendly manner that supports the company’s culture.
Strong organization, attention to detail, and ownership of responsibilities.
Completes assignments on time or advises in advance of delays.
Excellent time-management, organizational, and communication skills.
Sound judgment and decision-making skills.
Ability to work under time limits, handle concurrent tasks, and prioritize responsibilities.
Strong problem-solving skills and ability to identify and correct situations.
Willingness to take risks to innovate and create better solutions for the job, department, and company.

Nice To Haves

Knowledge of non-consumer mortgage lending.
Bar admission.
Knowledge of foreign laws may be learned on the job.

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 work.
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 DocMagic clients.
Write articles for the Compliance Edge Newsletter reflecting legal and regulatory requirements for disclosures.
Test compliance products published for customer use, such as compliance matrices and disclosure matrices, for accuracy.
Review laws and regulations to support launches of new forms, products, or areas of business.
Oversee and guide internal department members in implementing legal and regulatory changes.
Perform other duties as assigned; duties, responsibilities, and activities may change.