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Regulatory Research Attorney

DocMagic
locationTorrance, CA, USA
PublishedPublished: 6/14/2022
Legal
Full Time

Job Description

Job DescriptionSalary: $150,000.00- $190,000.00

WhoisDocMagic

DocMagicistheleadingprovideroffullycompliantdocumentgeneration,automatedcompliance,eSignature,andcomprehensiveeMortgagesolutionsforthemortgageindustry.DocMagichasbeensolvingthemortgageindustry'stoughestchallengeswithinnovativetechnologysolutionssinceitsinception.Foundedin1987,DocMagichascontinuedtodevelopaward-winningsoftware,mobileapps,andweb-basedsolutionsfortheproductionanddeliveryofcompliantloandocumentpackages.DocMagicscultureisbuiltonvaluesliketeamwork,innovation,andcollaborationwhichhasbeenoneofthereasonsforourcontinuedrecognitionandreputationforexcellence.Wearecommittedtolivingthesevalueseveryday.


WhyWorkatDocMagic

Would you like to have a job where your contributions are valued, and you can truly make a difference? What about working in a collaborative environment with great coworkers in an award-winning office setting that has been recognized for its architecture and interior design? DocMagic was most recently named to the Inc. 5000 list of fastest growing private companies in the U.S. and is continuing to grow! DocMagic was also named to HousingWires 2021 Tech100 Mortgage list, which recognizes the mortgage industrys most innovative and impactful companies as well as was recently honored with Mortgage Professional America (MPA) Magazines 5-Star Mortgage Technology Provider Award. We are really doing some incredible, amazing things and looking for someone motivated to be a part of this journey.


PositionSummary

TheRegulatoryResearchAttorneyprovidesgenerallegalsupporttothecompliancedepartmentandisprimarilyresponsiblefortheComplianceEdgeNewsletterandmanagingthedepartmentsregulatorychangemanagementfunction.Thispositionwillpreparelegaldocumentssuchasmortgagesandpromissorynotes,anddisclosuresforconsumerandnon-consumerlending,includingnon-residentiallending.Thepositionservesasasubjectmatterexpertfortheorganizationforhowloansshouldbemadeinconsiderationofapplicablefederal,stateandlocallaws.Inaddition,thepositionmayalsoincludeworkoutsideoftheUnitedStatesandcompliancewithforeignlaws(whichmaybelearnedonthejob).


EssentialFunctions

  • ResponsibleforadvisingtheChiefComplianceofficeroflegaland/orregulatorychangesapplicabletooperationsandcoordinatingthemanagementofchangesthroughouttheorganizationanddepartment.
  • Monitoringlegislatureandregulatoryagencyactivityforlegaland/orregulatorychangesrelatedtothemortgagelendingindustry.
  • Ticketingrequeststotheappropriatedepartmentpersonnelforlegalandregulatorychanges.
  • ProvidingguidanceandwrittensolutionsforusebytheCustomerServicedepartmentinrespondingtocustomerinquiriesrelatedtocompliancematters.
  • ProvidingguidanceandtrainingtotheComplianceandCustomerServicedepartmentsinrelationtocompliancematters.
  • DraftingdocumentstobeusedbyDocMagicclientsformortgagelending.
  • ProvidingwrittenarticlesforpublicationinDocMagic'sComplianceEdgeNewsletterreflectinglegalandregulatoryrequirementsfordisclosures.
  • Testingcomplianceproductspublishedforcustomeruseforaccuracy,e.g.,compliancematricesanddisclosure matrices.
  • Completingreviewofvariouslawsand/orregulationstosupportlaunchesofnewforms,products,or areas of business.
  • Providingoversightandguidancetointernaldepartmentmembersforexecutionoflegal
  • and/or regulatory
  • changes.
  • Willing to periodically travel for business needs.


OtherSkills

  • Worksinapositive,friendlymanneratalltimesandinspiresthecompanysculture.
  • Mustbewell-organized,extremelydetail-oriented,andwillingtotakeownershipofresponsibilities.
  • Completesassignmentsontimeoradvisesinadvanceofdelays.
  • Excellenttimemanagement,organizational,andcommunicationskills.
  • Exercisessoundjudgmentanddecision-makingskills.
  • Workswellundertimelimits,handlesmultipletasksconcurrently,andprioritizesresponsibilities.
  • Strongproblem-solvingskillswiththeabilitytoidentifyandcorrectsituations.
  • Takesriskstoinnovateandcreatebettersolutionsforthejob,department,andthecompany.


RequiredQualifications

  • Baradmissionpreferredbutnotrequired
  • Fiveyearsexperienceinthefinancialservicesindustry
  • Fiveyearsofknowledgeoflegalandregulatoryrequirementsrelatedtomortgagelendingactivities,specificallyknowledgeoffederalTILA,RESPA,FCRAandHPArequirements,statelegalandregulatoryrequirementsaswellasinvestorguidelines,e.g.,FNMA/FHLMC,FHA,VA,USDA
  • MustbuildstrongworkingrelationshipswithvariouspersonalitieswithinDocMagic,includingtheabilitytocommunicatewellwithpeopleatalllevelsatDocMagic
  • Mustworkwellunderpressureinafast-pacedenvironmentandmeetmultipleandsometimescompetingfordeadlines
  • Superioranalytical&researchskillswiththeabilitytosynthesizeinformationneededforpreparingdocumentsanddisclosuresandfieldingquestionsfromcustomers,customerservice,etc.
  • Excellentwritingandverbalcommunicationskillsneededtoeffectivelypresentinformationtoemployeesandmanagementaswellascommunicatewithcustomersandpublisharticles
  • ExperienceworkingwithWord,Excel,Outlook,andPowerPoint
  • Knowledgeofnon-consumermortgagelendingdesired


OtherDuties

Inadditiontoperformingtheessentialfunctionsofthejob,thispositionmayrequireotherdutiesasassigned.Duties,responsibilities,andactivitiesmaychangeatanytimewithorwithoutnotice.





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