What are the responsibilities and job description for the Senior Counsel, Mortgage Originations Compliance position at Ocwen Financial?
Job Description
POSITION TITLE : Senior Counsel, Mortgage Originations Compliance
Position Summary :
Onity is seeking a highly experienced and results-oriented individual to be our Senior Counsel, Mortgage Originations Compliance. The ideal candidate will have a deep understanding of mortgage regulatory requirements, compliance and issue management principles, and operational processes with experience partnering with clients in a sophisticated originations / lending organization. This role will be instrumental in supporting our growth and new products initiatives, guiding our organization through various regulatory and compliance frameworks, while at all times adhering to the highest standards of ethics, compliance, and integrity.
As part of our Legal, Risk & Compliance organization, this role will partner with our Growth and Originations organizations to support the achievement of our business goals and objectives within the originations / lending channels.
Job Functions and Responsibilities :
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily :
- Regulatory Compliance :
Collaborate with leaders in the Growth and Originations organizations to develop legally-compliant solutions aimed at achieving our business goals and objectives.
TILA / RESPA Integrated Disclosure (TRID) Rule
Identify, assess, and prioritize compliance issues and potential risks.
Monitor industry trends and emerging risks to proactively identify and address potential compliance issues or opportunities.
Develop, review, and update policies and procedures to ensure alignment with regulatory requirements and best practices.
Assist the Exam team to coordinate with internal and external auditors to facilitate compliance reviews and examinations within Originations.
As called upon, lead and mentor a team of Legal, Risk & Compliance professionals.
Qualifications :
To perform this job successfully, an individual must have the following education and / or experience :
Training / Licensing Requirements :
Work Schedule :
The salary range for this position is expected to be $140,000 - $160,000 per year, depending on geographic location, experience, and other qualifications of the successful candidate. This position is also eligible for bonus based on performance and subject to the terms of the Company's applicable plans.
About Us
Onity Group Inc. is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs. Liberty is one of the nation's largest reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs. Onity Group Inc. and its subsidiaries are committed to helping homeowners and delivering exceptional service and value to customers, clients and investors.
At Onity Group Inc., we consistently deliver on our commitments to customers, clients, investors and colleagues through caring service, integrity and creative solutions. This Service Excellence philosophy is embraced by meeting service standards we call CARE, which stands for Caring, Accurate, Responsive and Empowered. We expect all employees to interact and engage our colleagues and our customers with respect, courtesy and professionalism, and to achieve results consistent with our CARE standards.
Onity Group Inc. is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity, Equity & Inclusion ensures that we sustain our reputation as an outstanding place to work, a great business partner and a valued community member. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.
Onity Group Inc. offers a comprehensive benefits package including medical, dental and vision; up to 3% match on 401(k) contributions; generous paid time off; company-paid life, accident and disability coverage; programs for mental, physical and financial wellness; and more. Visit jobs.onitygroup.com for details.
Salary : $140,000 - $160,000