About World Business Lenders (www.wbl.com)
World Business Lenders (WBL) provides short-term, real estate-collateralized commercial loans to small and medium-sized businesses across the United States that do not have access to traditional financing. The company also services its own loan portfolio and those of third parties, with a focus on managing non-performing loan pools and REO.
- WBL is a U.S.-based company with a fully remote workforce.
- Working hours are 9:00am-6:00pm Eastern Time, Monday through Friday
- The role requires strong spoken and written English.
- All resumes must be submitted in English
Overview
- We are seeking a Corporate Legal Compliance Team Lead to oversee regulatory compliance related to corporate operations, contract governance, and licensing requirements across U.S. federal and state frameworks. The ideal candidate will have hands-on experience ensuring adherence to laws impacting corporate transactions, lending activities, and regulatory reporting obligations.
Job Duties And Responsibilities
- Take the lead in owning and continuously enhancing our company's compliance management framework
- Design, roll out, and upkeep comprehensive compliance policies and procedures that keep us ahead of the curve
- Create and deliver engaging compliance and risk management training programs throughout the organization
- Foster a robust compliance culture grounded in clear accountability and strong ethical values
- Develop a dynamic compliance monitoring and testing program to ensure ongoing adherence
- Perform thorough compliance risk assessments and spearhead effective remediation initiatives
- Stay informed and vigilant by researching, monitoring, and maintaining up-to-date knowledge of state-by-state legal and regulatory requirements related to lending activities, including interest rate caps, usury laws, licensing, disclosure rules, collateral limitations, and filing or notice obligations
- Identify necessary registrations, notices, NMLS-related actions, and other local compliance requirements, collaborating closely with internal teams to implement them smoothly
- Translate complex legal and regulatory mandates into clear, actionable guidance for business, operations, legal, and management teams
Requirements
Main Requirements:
- We're looking for someone with at least 7 years of experience in U.S. Legal and/or Compliance roles
- It's important to have proven experience working with U.S. federal and state regulatory compliance, legal risk management, as well as policy development and implementation within complex organizations
- You'll benefit from hands-on experience researching and applying multistate U.S. laws and regulations regarding lending, commercial finance, licensing, registrations, disclosures, interest rate limits, usury, and other related operational requirements
- Experience in analyzing state-specific legal requirements that impact loan products, collateral structures, governing law, and regulatory or filing obligations—and being able to translate those into clear business rules and internal guidance—is key
- We also highly value experience working with or preparing materials for U.S. regulatory and supervisory bodies, such as state regulators, licensing authorities, Secretaries of State, and other relevant agencies
Preferred Background / Industry Experience
- A solid understanding of U.S. federal and state regulatory frameworks is essential
- We highly value experience in financial services, commercial lending, mortgage, consumer finance, fintech, or other industries that are closely regulated
- It's great to have experience with multistate lending compliance, licensing analysis, NMLS-related reviews, state registrations, and managing local filing or notice requirements
- If you've worked on creating or maintaining state law matrices, lending charts, compliance guidance, or similar tools that help manage state-by-state legal requirements, that's a big plus!
- Familiarity with U.S. real estate law, secured transactions, and issues related to collateral compliance would be an added bonus
Specific Technical Skills Needed
- Expertise in Microsoft Office Suite—including Word, Excel, PowerPoint, and Outlook—as well as Adobe Acrobat to boost your productivity
- Exceptional skills in legal research, regulatory analysis, drafting, and thorough document review to ensure accuracy and compliance
- Hands-on experience in conducting compliance risk assessments, monitoring and testing compliance, drafting policies, designing controls, and overseeing their implementation
- Proven ability to navigate and compare state-by-state legal requirements, transforming complex legal analysis into clear, actionable guidance for business teams
- Skilled in preparing comprehensive regulatory summaries, maintaining state requirement trackers, conducting licensing analyses, and delivering professional compliance memoranda or presentations tailored for management
Benefits
- Enjoy Paid Time Off (PTO) to recharge
- Salary paid in USD
- Work comfortably 100% from home
