VP, Originations Compliance bei Fay Servicing

Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both residential and business purpose loans. As a specialty mortgage servicer who sees the customer behind every loan, we understand that our customers are not loan numbers — they’re homeowners.

Before founding our company, we conducted an exhaustive analysis of the mortgage servicing industry and gained valuable insight into the problems facing mortgage servicers and their customers. With that insight, we set out to build a different kind of servicing company from the ground up.

Join us on Our Journey

Come join us on our journey to serve our customers and be the leader in our industry! We are currently looking for a VP, Originations Compliance to join our team!

Reporting to the Chief Compliance Officer, this position is responsible for overseeing compliance initiatives across the company’s residential and business purpose loan origination operations. This position supports the execution of the Compliance Management System (CMS) by partnering with senior leadership to understand the proposed strategy and direction of the business in order to provide guidance on how to deliver production volume while effectively managing compliance risk. This position identifies, escalates, and mitigates compliance risks and provides timely advice regarding regulatory requirements, regulatory change, expectations, and the implementation of controls.

Additionally, this role supports the delivery of all content produced, including policies, procedures, job aids, letters, forms, and marketing materials, ensuring appropriate representation and adherence to all loan origination regulations. This position assists with audit and exam preparation and response, coordinates the schedule, and conducts risk assessments and compliance monitoring activities. 

Qualifications include:

• Bachelor’s degree in a related field, or equivalent work experience; CRCM certification preferred
• 5+ years’ experience in compliance or legal roles, with a background in real estate or mortgage originations
• Proven experience working directly with regulatory agencies to ensure compliance with mortgage regulations, leading external audits of financial/ operational processes, and partnering with legal teams to manage contracts, mitigate risks, and resolve legal and regulatory issues
• In-depth knowledge of loan origination laws, federal and state mortgage regulations, compliance framework, and mortgage lending practices
• Demonstratable ability to read and comprehend regulatory content; ability to translate complex information into easy-to-understand language
• Strong project management abilities with demonstrated experience leading cross-functional engagements
• Strong skills and experience in MS Word, Excel, and PowerPoint
• Strong verbal and written communication skills
• Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization to influence and drive required results
• Effective management skills to include talent selection, training, coaching, mentorship, and performance management
• Strength of leadership with proven ability to foster an environment of positive employee engagement
• Demonstrated ability to quickly establish credibility, coupled with recognizing and supporting the organization’s culture, values, and priorities
• Collaborative and consultative work style
• Able to manage and lead change; agile; high learning agility
• Client-focused with strong execution skills and a results orientation; able to link to business needs with tactical execution and results
• Strong analytical skills coupled with sound judgement; strong problem-solving abilities
• Ability to analyze and interpret data to identify opportunities and propose solutions
• Strong project management skills with the ability to effectively lead matrix teams
• Strong attention to detail; strong quality and compliance orientation
• Ability to effectively prioritize under tight deadlines in a fast-paced, dynamic environment; effective time management for self and team
• Self-directed; ability to proactively surface questions, opportunities, issues, and concerns
• Professional maturity, integrity, and the ability to maintain confidential data and information
• Strong business acumen; strong fiscal and technical aptitude

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Featured Benefits

• Medical, Dental, and Vision Insurance
• Company Paid Life Insurance
• Disability Insurance
• Pet Insurance
• 401k Program with Employer Matching
• 3 Weeks Paid Time Off (PTO)
• Paid Holidays
• Wellness Initiatives
• Employee Assistance Program
• Eligible for Hybrid Work Schedule with Remote Flex Days

Compensation

• The hiring range for this position is between $135,000.00-$150,000.00 annually
• This position is eligible for an annual discretionary bonus 

Fay Cares!

The Fay-Constructive Foundation was established to fulfill the philanthropic mission of The Fay Group employees to serve the communities in which they live and work. Our employees make voluntary contributions to the Foundation. Each quarter, their contributions are donated to organizations focused on improving education opportunities, combating poverty, and supporting military service members and first responders.

At Fay, we believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected, and included, and is presented with equal opportunities to be successful. Fay is an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information, go to www.dhs.gov/E-Verify.