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Counsel, Originations

Altisource

This is a Contract position in Atlanta, GA posted November 12, 2021.

Counsel, Originations
New York, NY or Atlanta, GA
Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (Nasdaq: ASPS), a leading provider of mortgage, financial and technology services for the real estate industry. We utilize the latest technologies to provide “best in class” services related to real estate and mortgage portfolio management solutions which improve our clients’ performance and maximize their returns. We are seeking energetic, highly skilled self-starters who thrive in a dynamic and fast-paced environment. We can offer you a fast-paced and driven working environment with challenging work and great colleagues as well as career development opportunities.
Currently we are hiring for the position of Counsel, Originations. The position reports directly to the Associate General Counsel and supports Mortgage Services. The position will have exposure to a wide variety of senior management level employees throughout the Company.
Responsibilities will include:

  •  Provide legal advice and handle legal issues related to the Company’s loan originations business and advise senior management and ensure compliance with all applicable consumer lending laws, rules and regulations.
  •  Monitor, evaluate and implement changes to state and federal laws and regulations.
  •  Develop legal assessments, interpretations, recommendations and opinions on laws, policies and regulatory issues.
  •  Work to resolve issues raised by customers, agencies and regulators.
  •  Participate in preparation of responses relating to, legal and regulatory examinations and complaints.
  •  Act as subject matter expert on a number of mortgage related regulatory issues as assigned.
  •  Lead or participate in other legal projects and matters as assigned.

Key Result Areas:

  •  Build a business unit specific law and compliance framework
  •  Work with other Law and Compliance managers to build and deliver regulatory compliant programs and processes
  •  Develop training strategy and deliver training that decreases regulatory risk and operational errors
  •  Meet budgeted revenue and contribution targets as directed by senior management
  •  Timely creation of agreements supporting the deal flow process including the formation of joint ventures, acquisitions and strategic on boarding of new institutional customers

Qualifications:
The ideal candidate needs to be a highly successful senior attorney with a strong track record of accomplishments. The position requires an outstanding academic record and a minimum of 5 years of experience gained in a quality law firm and/or law firm/corporate setting. This person will exhibit the following qualities:

  •  Relevant professional experience, including expertise in TILA, RESPA and fair lending laws.
  •  Experience in the residential mortgage loan origination industry.
  •  Experience with reverse mortgage lending preferred but not required.
  •  JD from an accredited law school.
  •  Admitted to practice law in at least one United States jurisdiction.
  •  Deep understanding of the regulatory issues pertaining to the mortgage loan industry.

Expertise & Experience:

  •  Juris Doctorate from a nationally recognized law school required
  •  Admitted to a state bar and eligible to practice under applicable In-House Counsel rules
  •  Broad law experience, preferably in residential real estate
  •  Experience with legal issues related to on-line auctions, e-commerce and web development a plus
  • Personal Characteristics:
  • A successful candidate will exhibit the following qualities:
  •  A willingness to work hard in an individual contributor role helping to grow a business
  •  A record of outstanding success within a Law department or law firm where innovation, collaboration and customer service are high priorities
  •  Exhibits strategic thinking and creativity in addressing future challenges in alignment with Altisource long term goals
  •  Compatible cultural fit with Altisource is essential
  •  Reputation for absolute integrity and building trusted relationships
  •  Self-starter, requires little management oversight as the business’s leadership may be based in Europe

Job Type: Full-time

Experience:

  • Law: 5 years (Required)

Education:

  • Doctorate (Required)

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