Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. We leverage creative technology and innovation to make the homebuying journey more approachable and understandable.
Our company is made up of driven, passionate people who bring their unique backgrounds and perspectives to everything we do. We are committed to fostering diversity, multiculturalism, and inclusion. We see the value in each person’s perspective and recognize their talents, regardless of what the market says. We believe it’s important to nurture a company culture that encourages curiosity and passion-from employee resource groups and learning opportunities to team outings and community outreach.
The Role
- Develop the regulatory strategy of a high-growth, high-risk startup, including developing internal company analyses of regulatory trends, and product compliance with state and federal banking law + statutes.
- Support the Head of Regulatory Strategy communicating mortgage origination compliance requirements and offer origination compliance guidance to other teams including Partnerships, Product, Marketing & Mortgage Operations.
- Work cross-functionally prepare examination and investigation materials, in addition to assisting with ad hoc Regulatory Strategy special projects.
- Generate novel analyses that educate business decisions and drive KPI execution (e.g. productivity, cycle time, quality)
- Provide excellent service and support to internal consumers, such as the Operations, Product, and Data Engineering, in preparing SME-specific responses to regulatory requests, both in-person (verbally) and in writing.
- Track and document Better’s regulatory compliance obligations in highly regulated, complex markets.
- Collaborate with cross-functional teams including Sales, Partnerships, Government Relations, Operations, Capital Markets, and Finance
- Develop personal relationships with regulators, to negotiate and advocate for adoption of innovative banking legislation that benefits home buyers and consumers.
Experience
- 5-10+ years of experience in a strategic operational and/or consulting role, preferably within consumer lending and/or a highly-regulated industry.
- Ability to manage multiple tasks simultaneously, prioritize, organize information, and manage and meet deadlines.
- High degree of professional integrity, maturity, ability to exercise appropriate discretion and maintain confidential data and information.
- Highly structured thinker with the ability to methodically break down complex issues
- Strong bias-to-action, as well as a strong sense of practicality and effectiveness
- Highly adaptable, and able to thrive in ambiguous or uncertain environments
- Strong quantitative background in data analysis and modeling required (SQL/Tableau is preferred)
- Strong communication and relationship-building skills.
- Experience with STATA/SPSS, RATAComply
- Role is remote – but would require travel to New York HQ quarerly
“For Colorado -based candidates*: Minimum salary of $185k + bonus potential, equity, and benefits.
*Disclosure of minimum annual salary required by sb19-085 (8-5-20) for opportunities in Colorado .”
Bonus points for:
- Working knowledge of federal and state compliance laws and regulations including a proven ability to apply these requirements to business practices and systems. TILA, RESPA, TRID, TRID 2.0, HMDA, ECOA, BSA/AML, GLBA, ATR/QM, et cetera
- Knowledge of fair lending practices and laws, including, but not limited to, knowledge of the Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHAct), and HMDA.
Better is requiring all US employees to be fully vaccinated to go into the office. Our priority is first and foremost the safety of our employees, and we require COVID-19 vaccination to help ensure their safety in the workplace. Please note that Better will offer a reasonable accommodation process for employees who are not vaccinated for medical or religious reasons.
The Better mission is rooted in values that drive us.
- We do what’s in the best interest of the consumer, not ourselves
- We have growth mindsets, not fixed ones
- We believe that success lies in execution, not credentials
- We act like owners, not just employees
- We work to find answers on our own, not wait for them to be given to us
- We optimize for mission, not ego
Better Benefits & Compensation
Our total rewards package consists of base salary, equity, benefits, and the opportunity for a yearly cash bonus. Some of our benefits include:
- Comprehensive healthcare, retirement, and voluntary benefits. Think medical, dental, vision, savings accounts, 401k, and more
- Personalized care and tools for realizing your mental health and wellness goals
- Robust wellbeing offerings that allow you unlimited access to virtual fitness, meditation, yoga, cooking classes, homeschooling preparedness, physical therapy, and more
- Unlimited time off (with manager approval)
- 12 weeks of paid parental leave after 90 days of employment, and 20 weeks after 24 months of service
- Inclusive fertility benefits for you or your eligible dependents, regardless of participation in a Better medical plan
Better is an equal opportunity employer. We do not discriminate on the basis of race, color, religion or religious creed, sexual orientation, gender, gender identity, marital status, family or parental status, disability, military or veteran status, or any other basis protected by law. All employment decisions at Better are based on a person’s merit, business needs, and role requirements.
California Consumer Privacy Rights Notice for Job Applicants
Under the California Consumer Privacy Act (CCPA), Better is required to inform California residents who are our job applicants or prospective talent (together “job applicants”) about the categories of personal information we collect about you and the purposes for which we will use this information. The notice contains disclosures required by the CCPA and applies only to personal information that is subject to the CCPA.