Associate Corporate Counsel - Vendor Oversight
About The Position
The Associate Corporate Counsel joins the Vendor Oversight team for legal collections and provides legal guidance, oversight, and risk management for third-party collection agencies, law firms, recovery vendors, and servicing partners operating on behalf of the company. The role advises business stakeholders, reviews vendor operations for legal and compliance issues, and assesses vendors’ compliance with applicable legal, regulatory, and contractual requirements. It also includes annual on-site audits and quarterly performance reviews, as well as strategic initiatives to strengthen governance, operational effectiveness, and regulatory compliance across the collections ecosystem. Substantial domestic travel is required to conduct vendor audits. The attorney manages an active caseload of files or issues within their area of responsibility, researches legal principles and precedents, and may partner with firms to support compliance with MCM firm manuals and policies. The role may also assist more senior department members with complex matters and special projects.
Requirements
- Juris Doctor degree from an accredited law school.
- Passed the bar in any state.
- At least 2 years of relevant legal experience in a variety of legal subjects.
- Prior experience managing and developing attorneys and staff.
- Proficiency with Microsoft Word, Excel, PowerPoint, and Outlook.
- Strong communication, advocacy, and negotiation skills.
- Required English language proficiency.
- Current authorization to work in the United States on a full-time basis.
Nice To Haves
- Prior experience in both law firms and corporate settings.
- Prior experience in the collections or financial industry.
Responsibilities
- Provide legal support and guidance regarding third-party collection agencies, collection law firms, and related service providers.
- Review and assess vendor compliance with applicable legal, regulatory, and contractual requirements.
- Evaluate vendor controls, complaint management processes, litigation practices, consumer communications, licensing requirements, training programs, and data privacy safeguards.
- Conduct annual on-site audits and quarterly performance reviews of vendors.
- Manage an active caseload of files or issues within the scope of responsibility.
- Research legal principles and precedents.
- Partner with firms to help ensure compliance with MCM firm manuals and policies.
- Advise business partners on applicable federal and state consumer financial services laws, collections regulations, and ethical obligations.
- Assist more senior department members with complex matters and special projects as needed.
Benefits
- Monthly incentives or annual bonus eligibility.
- Paid training and development programs, including MCM Academy.
- Awards and prizes, including all-inclusive vacations.
- Tuition assistance for education or coursework related to the current or desired role.
- Comprehensive healthcare plans and options.
- Fitness membership reimbursements, Weight Watchers, and wellness rewards.
- Up to eight hours of paid time off each year for volunteering.
- Volunteer grants and matching financial donations up to US$2,500 per employee annually.
- Retirement savings program.
- Company-paid leave for new parents, new-parent flexible time, and child backup care options.
- Company-sponsored team-building events.
- Paid and floating holidays and generous paid time off.
- Wellness and mental health initiatives.
- Leadership training and skill-building.
- Promotion opportunities from within.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Ph.D. or professional degree
