[Hiring] Mortgage Representative @Lowe's Companies, Inc.

Role Description

The Mortgage Representative - Utah (Non-Producing) is responsible for the Company's licensed mortgage activities in Utah. This role includes:

• Oversight of mortgage operations and regulatory compliance.
• Supervision of licensed mortgage loan originators ("MLOs") in Utah.
• Coordination with compliance, legal, licensing, and leadership.
• Providing market competitive information related to product, pricing, marketing, and go-to-market strategies.
• Acting as the Company's responsible manager for Utah mortgage licensing activities.
• Supporting compliance with federal and state mortgage lending laws, NMLS requirements, and state-specific operational and licensing obligations.

Qualifications

• Currently holds an active Utah Lending Manager license, or is able to obtain and maintain one, as applicable.
• Ability to be designated as the Principal Lending Manager for the Company and maintain Licensed Lending Manager status at all times.
• Minimum experience as required by the Utah Department of Commerce - Division of Real Estate to serve as the licensed Utah Lending Manager.
• Demonstrated knowledge of federal mortgage regulations and Utah mortgage licensing requirements.
• Experience supervising licensed mortgage operations and/or licensed MLOs.
• Ability to obtain and maintain active applicable state licensure through NMLS.

Requirements

• Provide subject matter expertise to product, pricing, marketing, technology, and other support groups on HELOC strategy.
• Consult on internal process improvement, technical requirements, and other aspects of the go-to-market strategy.
• Coordinate with compliance, legal, licensing, and management teams regarding regulatory matters and business changes affecting licensure.
• Support implementation and ongoing maintenance of compliance policies and development and delivery of compliance training.
• Monitor MLO licensing status, continuing education completion, and adherence to regulatory and Company standards.
• Coordinate regulatory responses and represent the company in regulatory examinations and licensing reviews in Utah.
• Partner with the Compliance Team to support timely submission of regulatory filings, reports, and renewals.
• Supervise, direct, and support licensed MLOs operating under the Company’s Utah mortgage license.
• Ensure branch locations and any licensed Utah personnel remain properly licensed, registered, and in good standing.
• Oversee the Company’s licensed mortgage activities in Utah to maintain compliance with all applicable federal and state laws and regulations, including but not limited to:
• SAFE Act
• Real Estate Settlement Procedures Act (RESPA)
• Truth in Lending Act (TILA)
• Equal Credit Opportunity Act (ECOA)
• Utah mortgage broker and lending laws and regulations

Preferred Skills/Education

• Bachelor’s degree in Business, Finance, or related field.
• Prior experience serving as a Principal Lending Manager, Qualifying Individual, Branch Manager, or similar responsible person under a state mortgage license.
• Prior experience managing licensing or examination activity through NMLS.
• Experience working with multi-state mortgage broker licensing requirements.