Job description
Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). We harness the power of data & technology to offer our customers a simpler, more reliable, and faster way to access the capital they need to scale their businesses.
Formerly known as LendingHome, we’re committed to helping REIs revitalize the approximately $25 trillion worth of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country.
Combining our technology and industry expertise, Kiavi has grown to a team of over 400 and has won many awards over the years including Forbes Fintech 50, Finovate Awards, Best Digital Mortgage Platform, Fast Company’s Most Innovative Companies, and many more.
- Loans Funded: $22 billion in loans funded
- Homes financed: 71,000+ projects funded for our customers across the country
- Geography: 31 states + D.C. where we lend to REIs so they can revitalize neighborhoods
- Employees: Over 400 employees with competitive benefits and perks
This position can be based remotely in any of our approved hiring regions. Our hybrid distributed workforce philosophy allows us to find the best talent in the country and build diverse teams, while allowing our colleagues to work from the location that works best for them.
The Team
Legal and Compliance is responsible for managing a wide variety of legal and compliance matters for the company, including licensing.
The Role
Sr. Analyst, Compliance and Licensing, is an integral role that will manage all (i) company mortgage lending, servicing, and brokering licenses as well as the regulatory examinations related to such licenses and (ii) employee mortgage originator licenses. In addition, Sr. Analyst, Compliance and Licensing, will be responsible for managing new product licensing requirements, such as real estate broker and sales persons licensing as may be required for new product offerings. Sr. Analyst, Compliance and Licensing, will also manage regulatory updates and support various legal and compliance projects, including external audits, annual and new hire compliance training, procurement, legal research, and company operations related to fair lending regulations (e.g. ECOA).
The ideal candidate should have knowledge of the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), familiarity with interaction with regulators, experience in responding to and managing state examinations, and experience in managing mortgage licenses including new applications, renewals and reporting requirements.
Responsibilities
Manage company licenses, branch licenses and loan officer licenses, including new applications, surrenders, terminations, amended filings, transfers using the NMLS and/or state specific regulatory websites
Lead processes for loan originator licensing, renewals and monitoring of continuing education, including for qualified individuals and company owners
Research state law requirements to ensure Kiavi is properly registered and licensed to conduct business in new states we may do business in
Work closely with sales personnel to ensure individual licensing is obtained and maintained to offer Kiavi products
Assist with mortgage call reports
Lead periodic state specific and federal reports
Track legislative and administrative activities in key issue areas. Ensure applicable changes are assigned to appropriate team members and follow up for proper implementation
Partner with internal stakeholders to ensure state licensing and reporting requirements are satisfied
Determine and obtain appropriate types and amounts of relevant corporate and individual bond coverage to cover risks to Kiavi and Kiavi personnel
Serve as primary point of contact for state examinations, including but not limited to, obtaining and reviewing all requested materials for the examination, reviewing and drafting response to examination results and ensuring any fees are paid timely
Ensure reporting for state requirements is accurate and submitted in a timely manner
Ensure Kiavi’s compliance with state usury, disclosure, insurance and other lending laws
Conduct ad hoc research on relevant state or federal laws
Develop and maintain management reporting of licensing status and activities
Draft Policies and Procedures
Assist with additional legal/compliance tasks as needed, including procurement, and compliance monitoring/testing
Qualifications
- 3-5 years of experience supporting a legal, compliance or operations team with focus on state lending laws or state licensing
- Knowledge of NMLS and reporting requirements
- Demonstrated knowledge in mortgage banking or regulatory compliance (ECOA, FCRA, BSA/AML, HMDA)
- Experience interacting with regulators/state examiners preferred
- Ability to work with and communicate effectively with cross functional partners
- Enthusiasm for taking on new responsibilities, even if outside areas of expertise
- Able to work independently and problem solve autonomously in fast-paced environment
- Ability to think critically and creatively to solve problems
Kiavi takes a market-based approach to pay, and pay may vary depending on your location. The expected annualized base pay range for this full-time role to be performed remotely is 82K - 120K plus 5% bonus determined based on job-related skills, experience, qualifications, work location, and market conditions. Your recruiter can share more about the specific base pay range for your preferred location during the hiring process. Please note that the pay range listed above reflects the base salary only, and does not include the target value of bonus [remove if not applicable], equity, or benefits.
Benefits and Perks
- Medical, Dental, and Vision Insurance: Kiavi offers free employee-only coverage for medical, dental, and vision plans. Dependents receive a heavily discounted premium, competitively placed in the 90th percentile for cost.
- Health Savings Account (HSA): For those enrolled in a High Deductible Health Plan (HDHP), Kiavi provides an annual employer contribution to HSAs: $500 for individual coverage and $1,000 for dependents.
- Disability and Life Insurance: Immediate access to short-term and long-term disability insurance, as well as group life and AD&D insurance, with coverage at 1x annual salary.
- Remote Work Policy: Kiavi supports working remotely for day to day activities for most roles and occasionally may ask employees to gather in person for key meetings, trainings, team building etc. For remote workers, Kiavi offers a one-time office setup reimbursement of up to $500 and a monthly $85 stipend for internet and phone expenses. For in-office workers, Kiavi offers employer contributions to commuter benefits account, either for parking or public transportation.
- Flexible Time Off: Employees are empowered to manage their own time off, with no strict limits, as long as it’s approved by their manager.
- Paid Leaves: Up to 8 weeks of paid leave for medical or caregiver purposes, and 12 weeks of paid maternity/paternity leave. Short-term disability leave is also available for birthing mothers.
- 401(k) & Company Match: A 401(k) plan managed by Fidelity, with Kiavi matching 100% of contributions up to 3% of compensation or $6,000 (whichever is less). All employer contributions are immediately vested.
Protect yourself from recruitment scams:
- If you are offered an interview or a role with Kiavi, this will be communicated with you through email, via an official email address ending in @kiavi.com or @lendinghome.com.
- You will never be asked for payments of any kind during the process.
- We also never communicate with candidates via Whatsapp at any point during the recruitment process.
- We won’t ask for personal information or data via text message. If you have any concerns regarding how genuine a text message is, please contact your recruiter.
- You can find our official Kiavi careers page here. We advise you to check that the page details and website addresses match if you have any concerns.
