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This Assistant General Counsel role will specialize in drafting, reviewing, editing, and negotiating contracts, and provide legal counsel and interpretation to management and operations teams on matters of contract. This role will also provide general legal advice and counseling to all mortgage servicing operations, risk, and compliance; draft and review mortgage servicing disclosures and communications to borrowers; draft and review responses to escalated complaints; assist with litigated matters; review and revise policies and procedures, and coordinate with other members of the Legal Team on the provisions of legal services to servicing operations.
Job Responsibility:
Draft, review, edit, and negotiate a variety of commercial contracts, including vendor agreements, servicing-related contracts, NDAs, and technology agreements
Manage contract lifecycle processes, including intake, tracking, and execution
Identify legal and regulatory risks in contractual arrangements and propose appropriate mitigation strategies
Provide legal advice to servicing operations on complex legal issues, compliance policies and risk management
Draft and review responses to government agencies regarding escalated consumer complaints and aid with examinations and investigations
Draft and review regulatory disclosures and customer communications
Participate in the review and revision of servicing policies and procedures and training manuals
conduct comprehensive training on laws and regulations related to servicing operations
Provide support to in-house litigation staff on matters involving servicing allegations
Provide advice and counseling in connection with risk assessments (including legal risk assessments), compliance testing, internal audits and state and federal examinations of mortgage servicing operations
Support the General Counsel on legal matters related to mortgage servicing, including regulatory compliance and operational issues
Coordinate with external counsel as needed
Assume responsibility for special projects as assigned
Requirements:
Law Degree required
Admitted to practice law in any state and in good standing
Minimum of 2-4 years of professional legal experience, including at least 2-3 years of experience in commercial contract review, drafting, editing, and negotiation (law firm or in-house)
Demonstrated knowledge of fundamental legal concepts, practices, and procedures within the area of specialization
Working knowledge of applicable federal and state mortgage servicing laws and regulations
Strong legal research, writing, and verbal communication skills
Excellent organizational skills with the ability to manage multiple priorities and work effectively under pressure
Ability to build and maintain effective relationships with internal stakeholders (leadership, peers, team members) and external partners
Ability to balance legal risk with business objectives
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)