Counsel/In House/Richmond, Virginia
Company Name:
BITSOFT INTERNATIONAL, INC.
Manager Legal Counsel
The candidate will provide legal and regulatory support for the Enterprise Loss Mitigation collection agency oversight function. Will require extensive involvement in supporting assessment of nationwide collection agency portfolio, including review of external and internal vendor materials (letters, call scripting), as well as assessment of vendor practices for compliance with consumer regulatory laws and internal loss mitigation policies and controls. Responsibilities will include: Collaborate with the business and others within Legal to provide legal and regulatory risk guidance concerning agency and vendor practices. Review and evaluate collection agency practices to identify key areas of risk or areas and assessment prioritization. Act as primary counsel for on-site agency assessments to assist with the identification of risks associated with agency practices, compliance structure, and overall governance. Review agency communications, including letters, phone scripts for legal risk. Evaluate relative risks of agency practices and controls and advise on findings/best practices. Provide guidance and feedback on sufficiency of compliance assessment program as legal and regulatory risks are identified and evolve. Collaborate with other enterprise teams involved in third party management. Work with Enterprise Loss Mitigation, Operations, IT, Third Party Management, and Compliance stakeholders to address risks and resolve issues. Work with Enterprise Loss Mitigation, Operations, IT, Third Party Management, and Compliance stakeholders to address risks and resolve issues. Provide legal guidance to the business to assist the business in understanding the overall risk profile of individual agencies. Advise on relative risks of agency practices to assist the business in prioritizing efforts. Identify risks that need to be addressed or refined/updated via written guidance to agencies. Coordinate within Legal on the development of agency standards and ensure consistency of third party vendor standards across the enterprise. Assist collections with development and updating of state and federal legal requirements database for US Card Loss Mitigation, its vendors, agencies and law firms. Support agency complaint policy and standards consistent with enterprise consumer complaints policy. Review agency complaints to ensure proper responses. Track complaints drivers to determine trends and needs for additional controls.Estimated Salary: $20 to $28 per hour based on qualifications.
BITSOFT INTERNATIONAL, INC.
Manager Legal Counsel
The candidate will provide legal and regulatory support for the Enterprise Loss Mitigation collection agency oversight function. Will require extensive involvement in supporting assessment of nationwide collection agency portfolio, including review of external and internal vendor materials (letters, call scripting), as well as assessment of vendor practices for compliance with consumer regulatory laws and internal loss mitigation policies and controls. Responsibilities will include: Collaborate with the business and others within Legal to provide legal and regulatory risk guidance concerning agency and vendor practices. Review and evaluate collection agency practices to identify key areas of risk or areas and assessment prioritization. Act as primary counsel for on-site agency assessments to assist with the identification of risks associated with agency practices, compliance structure, and overall governance. Review agency communications, including letters, phone scripts for legal risk. Evaluate relative risks of agency practices and controls and advise on findings/best practices. Provide guidance and feedback on sufficiency of compliance assessment program as legal and regulatory risks are identified and evolve. Collaborate with other enterprise teams involved in third party management. Work with Enterprise Loss Mitigation, Operations, IT, Third Party Management, and Compliance stakeholders to address risks and resolve issues. Work with Enterprise Loss Mitigation, Operations, IT, Third Party Management, and Compliance stakeholders to address risks and resolve issues. Provide legal guidance to the business to assist the business in understanding the overall risk profile of individual agencies. Advise on relative risks of agency practices to assist the business in prioritizing efforts. Identify risks that need to be addressed or refined/updated via written guidance to agencies. Coordinate within Legal on the development of agency standards and ensure consistency of third party vendor standards across the enterprise. Assist collections with development and updating of state and federal legal requirements database for US Card Loss Mitigation, its vendors, agencies and law firms. Support agency complaint policy and standards consistent with enterprise consumer complaints policy. Review agency complaints to ensure proper responses. Track complaints drivers to determine trends and needs for additional controls.Estimated Salary: $20 to $28 per hour based on qualifications.
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