Bank Of America Attorney – Mortgage 

United States, Texas, Plano 

175331934

This job is responsible for providing legal counsel on Consumer Mortgage origination related products, services, and regulatory matters. Key responsibilities include reviewing mortgage documents, interpreting state and federal laws and regulations, performing legal research, responding to loan level transactional inquiries, and communicating legal advice to internal partners. Job expectations include directing the work of outside counsel on related matters and coordinating the work of Paralegals or other Legal staff.
Responsibilities:

• Analyzes legal issues and implications on consumer mortgage origination products, services, third-party vendors, and federal and state regulatory matters
• Communicates clear, concise, actionable, and business-informed legal advice, including occasionally to leadership
• Interprets rulings, laws, and regulations from a compliance and business control standpoint
• Drafts and reviews, mortgage documents, analyzes loan files for complaint resolution, and reviews digital and marketing collateral
• Gathers, assesses, and evaluates information from various sources to make a judgment or assist the business with a strategic or risk assessment
• Supports company responses to government agency examinations and investigations, enforcement actions, and private complaints, and litigation.

Skills:

• Interpret Relevant Laws, Rules, and Regulations
• Advisory
• Legal Drafting and Writing
• Critical Thinking
• Policies, Procedures, and Guidelines
• Problem Solving
• Regulatory Compliance
• Issue Management
• Decision Making
• Influence
• Legal Structures and Legal Forms
• Attention to Detail
• Stakeholder Management
• Collaboration

Required Qualifications:

• Juris doctorate and active bar license in at least 1 state (preferably Texas)
• 5+ years of related experience handling mortgage origination and regulatory matters in a law firm, regulatory agency or in-house
• Prior experience handling Texas homestead and home equity lending matters

Desired Qualifications:

• Prior experience of working in or with Financial Services institutions, particularly on mortgage banking
• Federal regulatory experience (HMDA/TRID), as well as digital expertise (E-SIGN/AI), and mortgage operations/product and pricing knowledge

1st shift (United States of America)