SVP, Associate General Counsel

Loan Depot•Irvine, CA

30d

About The Position

The incumbent will be responsible for (i) providing end-to-end legal support, advice, and counsel to the company's partnership channel leadership and operations (including mortgage broker joint ventures, wholesale partners channel, and strategic marketing relationships. The incumbent will be responsible for identifying and analyzing legal issues, drafting key documents, working with internal clients at all levels of the company, and interfacing with regulators, external customers, business partners, vendors, and other counterparties to support the company's business goals. The incumbent shall also be responsible for presenting clear recommendations to management and executives and to ensure the appropriate management of legal risks. The incumbent's interactions with internal and external stakeholders shall be professional and reflect positively on the Legal Department and the company. The incumbent should have a strong sense of ownership, engage collaboratively with business partners, and engage proactively across the organization.

Requirements

Juris Doctor degree with state bar admission and active bar license required.
10+ years' relevant legal experience in fast-paced, problem-solving focused law firm or in-house legal environment.
Extensive experience providing advice and counsel on real estate settlement, mortgage, and consumer finance-related matters involving a broad cross section of federal and state laws.
Working knowledge of applicable mortgage-related laws, consumer protection and privacy laws, and artificial intelligence-related laws and regulations.
Experience negotiating range of contracts and transactional documents and working directly with business stakeholders.

Nice To Haves

Operational or other business experience, in addition to legal experience, strongly preferred.
Experience with alternate lending products, non-mortgage products, personal lending, auto lending, and/or credit card products helpful but not required.

Responsibilities

Provides end-to-end legal support, advice, and counsel for the company's partnership lending channel.
Provides advice and support on escalated corporate matters, such as significant vendor relationships, strategic partnerships, acquisitions, and data security matters.
Provides advice and support for the company's mortgage-adjacent offerings (such as home search, affiliated realtors, and credit monitoring tools).
Advises on significant marketing initiatives, TCPA compliance, and artificial intelligence tool deployment.
Provides advice and legal counsel on a range of regulatory and transactional matters as dictated by business needs.
Drafts operating agreements, services agreements, mortgage broker agreements, loan purchase agreements, non-delegated correspondent purchase agreements, term sheets, letters of intent, non-disclosure agreements, forward commitment letters, marketing services agreements, partnership space agreements, and other transactional documents as needed to support primary responsibilities.
Prepares internal and external communications as needed to support principal job duties (e.g., email correspondence, letters to regulators, vendor communications, internal compliance presentations, etc.).
Prepares and revises affiliated business arrangement disclosures, privacy and TCPA consent forms, and other consumer-facing documents and disclosures.
Reviews and revises operational and compliance policies and procedures, training materials, and marketing materials.
Advises on compliance implementation and compliance effectiveness testing strategies.
Negotiates contracts with range of vendors and counterparties, including, for example, loan origination system and point of sale system providers, appraisal valuation companies and service providers, technology service providers, real estate listing services, consumer goods retailers, software-as-a-service providers, lead sellers, marketing companies, web developers, contractors, landlords, financial institutions, and other types of vendors and companies.
Advises on escalated vendor disputes and prepares related correspondence.
Researches and analyzes legal requirements and case law as needed to inform legal advice and business counseling.
Collects information, analyzes risks, and makes actionable recommendations in review of numerous operational, financial, and legal constraints.
Collaborates in person, via e-mail, and via Zoom/Teams with internal clients at all levels of the company.
Interfaces with regulators, external customers, business partners, vendors, and other counterparties to support the company's business goals.
Proactively advises business partners, leadership, and executive management on existing and emerging legal and business risks and risk mitigation strategies.
Works closely with members of product, operations, sales, information technology, information security, vendor management, privacy, risk, compliance, licensing, capital markets, finance, accounting, human resources, internal audit, servicing, and marketing departments to perform duties and deliver on business objectives.
Prioritize among dozens of simultaneous, competing business requests, providing sound legal counsel while minimizing outside legal spend.
Proactively maintains awareness of regulatory and legislative developments and industry trends affecting loanDepot and affiliated businesses.
Supervises junior team members and manages work of outside counsel as needed.

Benefits

Aggressive compensation package based on experience and skill set.
Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
Work with other passionate, purposeful, and customer-centric people.
Extensive internal growth and professional development opportunities including tuition reimbursement.
Comprehensive benefits package including Medical/Dental/Vision.
Wellness program to support both mental and physical health.
Generous paid time off for both exempt and non-exempt positions.

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