Perseus Group, Constellation Software, is a B2B SaaS organization that invests in and develops enduring software companies serving specialized, mission-critical markets. Part of Constellation Software, the group operates across more than 100 vertical markets and a portfolio of over 800 companies. Its model combines permanent capital with long-term operational support, with recurring revenue generated through SaaS and software maintenance businesses. Perseus Group emphasizes empowered leadership, continuous improvement, operational excellence, and integrity as it helps its companies grow and remain durable over time.
Director of Product and Regulatory Compliance Counsel
Lead regulatory compliance for mortgage technology products by translating mortgage rules into product requirements. Support audits, client questions, compliance issues, and regulatory risk management.
Description
- Monitor federal, state, and investor regulatory developments and evaluate their effects on mortgage technology products.
- Convert regulatory changes into business and functional requirements for product and engineering teams.
- Partner with product managers to prioritize regulatory initiatives and meet implementation deadlines.
- Manage the compliance program, including policies, procedures, risk assessments, and controls.
- Draft, maintain, and routinely review compliance policies.
- Coordinate responses to client audits, vendor due-diligence questionnaires, and regulatory inquiries.
- Support SOC audits and third-party risk assessments alongside Risk, Security, and Legal teams.
- Track compliance findings through remediation and provide leadership with status updates and key risks.
- Provide compliance training for employees.
- Act as the subject matter expert on mortgage regulations, including TRID, RESPA, TILA/Regulation Z, and the Fair Debt Collection Practices Act.
- Evaluate the regulatory impact of client-reported production compliance issues.
- Help determine the severity and priority of compliance-related defects.
- Explain regulatory changes to clients through release notes, advisories, and webinars.
- Respond to client, sales, and internal questions about regulatory product support.
Requirements
- Juris Doctor degree from an accredited U.S. law school.
- Active admission to practice law in the relevant jurisdiction.
- At least five years of mortgage compliance experience, preferably including work with a lender or mortgage technology company.
- Deep knowledge of federal mortgage regulations, GSE and agency guidelines, and state requirements.
- Experience operating or supporting a compliance program involving policies, audits, and client or regulatory inquiries.
- Demonstrated ability to turn regulatory requirements into product requirements.
- Sound, composed judgment when resolving live client issues under time constraints.
- Strong written communication skills for policies, requirements, and client-facing materials.
- Ability to explain complex regulatory requirements in clear, accessible language.
- Working knowledge of privacy and data protection obligations, including GLBA and state privacy laws, preferred.
- Familiarity with emerging AI and model governance expectations, preferred.
Benefits
- Eligibility for the company profit-sharing bonus plan.
- Medical insurance coverage.
- Dental insurance coverage.
- Vision insurance coverage.
- Basic life insurance coverage.
- Short-term disability coverage.
- Long-term disability coverage.
- 401(k) participation with a company match.
- At least 10 vacation days for new employees.
- Sick leave in accordance with state requirements.
- Eight company-paid holidays each year.
- Two personal holidays each year.