About the Company
Valon’s mission is to empower every homeowner. We believe the journey of home ownership starts when you get your keys, but lasts far beyond. We’re creating a world where home ownership comes with ease, security, and financial know-how. Our growing team of engineers, operators, product enthusiasts, and experienced servicing professionals are leveraging technology to fundamentally improve the homeownership experience. Through mortgage servicing—the process of paying off one’s mortgage—Valon is taking the first step in transforming the industry one homeowner, and lender, at a time.
LRC at Valon
The LRC (Legal, Risk, and Compliance) organization at Valon is responsible for advising our company on the various legal, regulatory, and contractual provisions that impact the business. Our team members partner closely with our operations and technology teams to provide the applicable legal, compliance, and risk frameworks that help inform our business strategies. The LRC team is also responsible for managing and responding to regulatory, client, and investor audits and examinations. As a member of the LRC team, you will work closely with internal colleagues and state regulators to coordinate, track, and complete regulatory reports, manage company and MLO licenses and registration renewals.
About this Role
In this role, you will work with teams across the organization to manage and complete regulatory reports, company and MLO license renewals, and registrations. As a member of the LRC team, you will work closely with a variety of business units to ensure complete, accurate, timely, and compliant responses. We're looking for someone with project management abilities, general mortgage domain knowledge, and experience working with both operations and external regulators and clients.
Since Valon is a fast-growing startup, the right candidate thrives in a fast-paced, dynamic environment, can take a self-directed, proactive approach to problem-solving, and is able to build and drive processes end to end. We’re looking for someone who can both roll up their sleeves and work independently as well as partner cross-functionally across the company.
Responsibilities
- Independently compile and submit a variety of license renewal and report packages from various state regulators, as well as annual company reports.
- Support MLO Licensing: order education, submit new license applications, submit renewals, and actively monitor status on and resolve or escalate license items on NMLS to ensure compliance.
- Work on a variety of licensing-related projects, which could include new licensing applications, MLO work-from-home requirements, licensing-related items that arise in exams/audits, change management, policies and procedures.
- Create tracking/dashboard and periodic reporting for renewal timelines.
- Monitor timelines and work with a sense of urgency to ensure deadlines are met in a timely manner.
- Develop and execute on business continuity plans for qualified individuals
- Independently monitor and submit filings for qualified individuals and licensed branch locations
- Review responses received from the relevant business units to ensure accuracy and compliance
- Clearly communicate with leadership on progress and deadlines while escalating any barriers.
- Establish and streamline report and renewal tracking processes. Build out checklists for repetitive licensing-related tasks.
- Maintain and innovate LRC record retention electronic resource for retaining licensing-related items and historic records.
Ideal Background
- Previous experience with NMLS and the management of company and/or MLO licenses
- Proficiency in JIRA, Google suite. High degree of comfort and fluency with computers and technology.
- Previous experience working on cross-functional projects.
- Ability to manage multiple deadlines.
- Collaboration skills and initiative and drive to resolve issues and questions.
- Previous experience with a mortgage company, regulator, or financial services company.
- Experience creating project plans and tracking documents.
Minimum Qualifications
- 3+ years of experience in financial services (mortgage preferred)
- 1-3 years of experience in regulatory reporting, licensing, or similar function
Benefits
- Compensation: Competitive salary and the option to partake in our performance bonus program and 401k plan
- Health & well-being: We’ll invest in your physical and mental well-being with comprehensive medical, dental, & vision benefits, a One Medical membership, and a Talkspace subscription to provide mental health support
- Food & meals: In-office snacks and drinks, Bagel Fridays, and regular food trucks on premise
- Commuter benefits: We offer pre-tax deductions for public transportation, rideshare services, and parking expenses to make your commute more affordable and convenient.
- Grow together: Company-wide orientation for you to successfully onboard alongside other learning and development opportunities, including regular review cycles that feature 360 degree feedback
- Play together: Quarterly budgets for team and company outings. Use it for team swag, cooking classes, or team dinners!
- Generous time off: 17 days paid time off, sick days, and 11 company holidays
Throughout the interview process, please remember that emails will only be from valon.com emails. We won't ever be asking for any personally identifiable information during the interview process itself. Please reach out to talent@valon.com if you have any requests to verify the authenticity of an outreach.
Valon is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. Valon makes hiring decisions based solely on qualifications, merit, and business needs at the time.