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Senior Corporate Counsel, Credit Services
Refer job# YFGV144968
Senior Corporate Counsel, Credit Services The candidate will be responsible for analyzing regulatory developments, assessing compliance risks, resolving consumer complaints, and ensuring service provider oversight. Includes subject matters under the CAF Compliance Management Program include TILA, ECOA, GLBA, FCRA/Fair Lending, FDCPA, SCRA, EFTA, Bankruptcy and state law equivalents of the foregoing plus Retail Installment Sales Acts, and UCC Article. Forms development and management to include development and maintenance of firms consumer finance contracts as part of new state expansion or regulatory change. In addition, coordination with multiple business units at CarMax Auto Finance and the CarMax Home Office in Richmond, VA to ensure new and updated forms are implemented correctly and timely. Coordinate credit services new state research. Specifically, research requirements for originating and servicing consumer credit contracts in new states. Identify business impacts and provide legal counsel and operational risk management in connection with evaluating new or updated process and procedures to comply with state laws. Coordinate the resolution of all necessary credit services process or procedure updates. Provide legal guidance to and management oversight of Paralegals in the areas of sales finance licensing, legislative monitoring, legal research and project management. Provide legal expertise and counsel on special projects as assigned. Must have a law degree. Must be a member in good standing with the bar of a U.S. jurisdiction. Should have 5+ years legal practice experience or other comparable experience.
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