Corporate Counsel - Spring EQ LLC

About Spring EQ

Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a national network of experienced brokers and partners. Since its founding in 2016, Spring EQ is among the fastest growing and highest-rated home equity financing partners in the United States. Spring EQ offers a broad range of home equity products and delivers a simple and streamlined process that results in faster funding, trustworthy loans, and less frustration for consumers today. To learn more about Spring EQ, visit www.springeq.com.

 At Spring EQ, we;

• Strive to make every customer interaction a great one 
• Recognize behind every loan is a person or family trusting us to handle what may be a once in a lifetime transaction 
• Work hard and have fun to get the job done 
• Recognize each team member's unique value 
• Encourage ways for our team members to learn, develop, diversify and grow with Spring EQ 
• Promote our team members so they can share their knowledge with others    
• Innovate, innovate, innovate 
• Create and embrace the latest technology   
• Simplify constantly, challenging every process we use to better accomplish our goals 
• Build upon a strong company culture and foster an environment of togetherness, support, and accountability

We are searching for a Corporate Counsel who will be responsible for providing broad legal support to a home equity/mortgage lender.

The ideal candidate has 5 or more years of legal experience in residential lending, banking or a related industry, is proactive and eager to learn, and has excellent verbal and written communication skills and the ability to build positive working relationships with internal and external stakeholders.

The Corporate Counsel will report to the General Counsel and have responsibility for contract management and negotiation; records management; data privacy; monitoring and analyzing new regulatory requirements; responding to due diligence requests from counterparties, auditors, and other third parties;  and providing other legal support as requested.

• Draft and negotiate the terms and conditions of company contracts and leases
• Identify, interpret and apply regulatory requirements for mortgage lending and servicing operations
• Render advice to business leaders on federal and state laws and regulations governing consumer protection, licensing, privacy, cybersecurity, residential real estate, and general corporate matters
• Represent Spring EQ in external audits
• Draft and enhance policies, procedures and training in support of legal, compliance and risk programs
• Maintain expertise on statutes, regulations, regulatory bulletins, court rulings, and enforcement activity relating to consumer protection, mortgage and real estate, and apply expertise to strategic initiatives and business operations
• Support transactions governing the purchase, sale and securitization of mortgage loans
• Respond to due diligence requests from internal and external stakeholders
• Assist the Legal and Compliance functions on other assigned projects

• Bachelor’s degree and Juris Doctor and license to practice law in at least one state
• Minimum 5 years of relevant experience at a law firm and/or financial institution’s legal department
• Experience in lending, banking or financial services industry is preferred
• Excellent verbal and written communication skills, with a strong attention to detail
• Ability to work onsite in Conshohocken, PA office on a regular basis

• Must possess a high level of professional ethics and integrity
• Excellent negotiation skills with a proven track record in contract negotiation and drafting
• Knowledge of current legal trends and developments affecting the industry
• Must have the ability to work independently as well as part of a team.

Benefits 

• 401k Company Match
• Commuter Benefits
• Credit Union Membership
• Company Holidays
• Dental Insurance
• Dependent Care Plan
• Disability Insurance
• Employee Assistance Program
• Life Insurance
• Medical Insurance
• Paid Time Off Plan
• Vision Insurance

Spring EQ is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all team members.