Licensing Compliance Coordinator

Licensing Compliance Coordinator (Temporary)

Wayne, PA 19087

• Exempt – Non-Manual Worker
• Salary: $50,000 (annual)

Backed by Private Equity (PE), autoMHatic Financial is leading the charge in revolutionizing the specialty lending industry, particularly in Manufactured Home loans. Formerly known as Tammac Holdings, our legacy spans over 40 years, during which we've proudly originated over $1 Billion in loans

But that's just the beginning of our story. We're embarking on an exciting transformation, ushering in a new era of financial services. Our focus? Launching innovative products, streamlining processes through automation, and harnessing the power of Artificial Intelligence (AI) to redefine speed, service, and solutions for our valued customers, dealers, and community parks

At autoMHatic Financial, we're pioneers in our field. With instant loan decisions and a cutting-edge mobile app, we're not just adapting to change—we're driving it. Our goal? To dominate the Manufactured Homes lending space and set new standards of excellence

SUMMARY:

• The Licensing Compliance Coordinator is responsible for protecting the company by researching, tracking, facilitating, and leading Federal and State examinations. This role reports to the Compliance Manager and educates departments on Federal and State regulatory requirements in addition to recommending or implementing process improvements. The individual will be tasked with the maintenance of higher complexity reporting obligations for all company and branch licenses, ensuring adherence to Federal and State regulatory compliance standards. In addition, the individual will be responsible for building complex queries, data analysis, and manipulating as needed to satisfy Regulatory requests

DUTIES/RESPONSIBILITIES:

• Filing of Corporate Quarterly and Annual Reports
• File Secretary state renewals and required corporate quarterly and annual reports
• Completes Annual reports including but not limited to business volume, as required by applicable Federal and State regulatory agencies, pertaining to licensed activity
• File insurance company regulatory licensing reports and renewals
• Handle Company insurance policy renewals and submissions
• Review and analyze state insurance department statutes, regulations, bulletins, to determine new reporting requirements
• Facilitates ongoing communication with business Executives, Senior Management, Department Managers regarding Federal and State requirements
• Assists with research of Federal and State regulatory changes and statutes for license coverage, as well as assists with implementation and audit of the applicable changes
• Identifies and defines processes as new guidance is received by Federal, State, City, and County agencies
• Files confidential company and personal information with Federal and State Regulatory authorities as required
• Assists Compliance team members with licensing annual reports, NMLS Filings, and renewals as needed
• Maintains Company Licensing Coverage List for licenses held
• Collaborates with stakeholders on implementation of compliance driven requirements based on reporting needs
• Other duties as assigned: This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned

QUALIFICATIONS:

Required Skills/Abilities:

• Bachelor’s Degree required
• 1 year of mortgage, banking, or consumer lending-related experience required
• 2 years of Compliance or other related financial analysis experience
• Working knowledge of loan applications, closing, and servicing documents as well as financing terminology
• Ability to research, build, and run queries and logically understand query definitions and analyze data effectively and efficiently
• Proficiency in Microsoft Word, PowerPoint and Excel, including formulas and features
• Ability to communicate effectively and efficiently via phone, email, and person to person
• Gather facts accurately, analyze causes, evaluate alternative solutions, and arrive at sound conclusions on action to be taken
• Excellent writing skills
• Great attention to detail, organizational skills, and time management
• Ability to manage multiple deadlines, complete tasks on time, and follow-up as needed
• Ability to work in a team environment

PHYSICAL REQUIREMENTS:

• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift up to 15 pounds at times

BENEFITS:

• Paid Time Off
• Expense Card
• Dental Insurance
• Health Insurance
• Vision Insurance
• Life Insurance
• 401k

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