Licensing Manager

Job Title:                              Licensing Manager         

Reports To:                         SVP, Chief Compliance Officer   

FLSA Status:                       Exempt

Department:                      Legal     

JOB SUMMARY: Responsible for managing and coordinating all aspects of state licensing, including lender, collection, and broker licenses, as well as selecting corporate filings and renewals. This role ensures that all licensing requirements are met accurately and on time, in compliance with applicable regulations.  This role also oversees the preparation and execution of state audits, regulatory reporting, and examinations, ensuring timely and thorough completion in accordance with each jurisdiction’s requirements.

ESSENTIAL JOB FUNCTIONS:

• Review, analyze, oversee, and prepare licensing applications, filing of all license reports and renewals in current and new states.
• Stay abreast of changes in financial regulations, laws, and industry standards that may impact the organization.
• Oversee licensing of collections personnel in states requiring separate licensure/registration and corporate licensure via the NMLS online system.
• Coordinate and oversee state auditing processes.
• Coordinate and create new processes and applications with state licensing needs.
• Oversee regulatory communication relating to licensing, including but not limited to regulatory examinations.
• Provide input and analysis with corporate filings and renewals.
• Gatekeeper and educational base for Business Units with respect to Licensing requirements.
• Manage escalated licensing functions, as necessary.
• Oversee reporting, file maintenance, notary assistance and scanning as required.
• Offer input and analysis for large-scale ad hoc projects as needed.
• Attend required training on pertinent compliance laws and regulations as required by LendingPoint.
• Work closely with legal, finance, operations, and other departments to ensure a cohesive approach to licensing and compliance.
• Assist legal compliance with internal and external compliance matters.
• Generate regular reports for senior management on the status of compliance activities, potential risks, and corrective actions.
• Establish mechanisms to monitor and evaluate compliance with laws, regulations, and internal policies.

MINIMUM QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the minimum knowledge, skill, and/or ability required.

• Bachelor’s degree in Accounting, Business, Finance, or similar field, preferred.
• Minimum of two years’ relevant experience required.
  • Licensing (Lending or Insurance), contract administration or lending compliance preferable.
• Proficient in Microsoft Office software applications.
  • Excel spreadsheet working knowledge to pull data and familiarity using pivot tables is a plus.
• Working knowledge of how to research policies, laws and changes using commonly accepted legal tools and familiarity with the NMLS and SES online systems is a plus.

COMPETENCIES:

• Customer Service: Exceptional attitude and a passion for providing outstanding service to internal customers.
• Attention to Detail:  Thoroughness in accomplishing a task through concern for all the areas involved, no matter how small. Monitors and checks work or information and plans and organizes time and resources efficiently.
• Analytical Skills: Collects and researches data; Designs workflows and procedures; Identifies data relationships and dependencies.
• Business Ethics: Inspires the trust of others. Keeps commitments. Treats people with respect. Upholds organizational values. Works with integrity and ethically.
• Communications: Exhibits good listening and comprehension. Expresses ideas and thoughts in verbal and written form. Keeps others adequately informed. Selects and uses appropriate communication methods. 
• Problem Solving: Ability to solve issues efficiently and quickly. 

• Relationship Management: Manages interactions to service and support the organization; establishes credibility with all interactions.

• Teamwork: Contributes to building a positive team spirit. Exhibits objectivity and openness to others' views.

SUPERVISORY RESPONSIBILITY

This position has no supervisory responsibilities.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is regularly required to stand, walk, reach, and sit for a minimum of 8 hours with or without reasonable accommodation. The employee is required to use hands to finger, handle, or feel objects and/or tools. The employee is required to talk or hear with or without reasonable accommodation and must sometimes lift and move up to 10 pounds.

WORK ENVIRONMENT
While performing the logistics duties of this job, the employee is frequently exposed to moderate noises such as computers, printers, and other light traffic noise in an office setting.

This role is in-office. Remote work may be performed from a pre-approved location, as arranged, and scheduled by team management and approved by department leadership.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change or be supplemented at any time with or without notice.