Associate General Counsel/Director of Compliance

Destination Homes•Draper, UT

11h•Onsite

About The Position

Prestige Financial Services is expanding its third-party recovery and servicing platform, including outsourced servicing solutions and recovery services. The Associate General Counsel & Director of Compliance will serve as a key member of Prestige’s leadership team responsible for helping design, implement, and oversee the legal and regulatory framework supporting these business lines. Working directly with the Chief Legal Counsel, this position will lead legal and compliance initiatives related to third-party debt collection, loan servicing, recovery operations, vendor oversight, client onboarding, licensing, examinations, and regulatory compliance. The ideal candidate will possess deep expertise in the legal and operational requirements governing consumer collections and servicing, including the FDCPA, TCPA, FCRA, UDAAP/UDAAP principles, and state collection laws.

Requirements

Juris Doctor (J.D.) from an accredited law school.
Licensed and in good standing with at least one state bar.
Minimum of 7 years of legal and/or compliance experience involving consumer collections, loan servicing, debt buying, financial services, or related regulated industries.
Significant experience with FDCPA, TCPA, FCRA, state collection laws, and regulatory compliance programs.

Nice To Haves

Experience supporting third-party collection, servicing, debt-buying, or recovery operations preferred.
Experience working with regulatory examinations, and compliance management systems strongly preferred.
Prior compliance leadership, regulatory, or financial services experience preferred.

Responsibilities

Advise executive leadership on legal, regulatory, and compliance risks associated with servicing and collection activities conducted on behalf of third-party clients.
Review and advise on servicing agreements, forward-flow agreements, collection agreements, client contracts, vendor agreements, and related operational arrangements.
Support onboarding of new clients, products, portfolios, and servicing relationships.
Develop legal and compliance guidance for servicing, recovery, call center, litigation, and customer-facing operations.
Oversee compliance with federal and state laws governing debt collection, loan servicing, consumer communications, and consumer protection.
Advise executive management regarding state and federal servicing laws, including: Fair Debt Collection Practices Act (FDCPA), Telephone Consumer Protection Act (TCPA), Fair Credit Reporting Act (FCRA), Gramm-Leach-Bliley Act (GLBA), and Unfair, Deceptive, or Abusive Acts or Practices (UDAAP).
Monitor legislative, regulatory, and enforcement developments and assess operational impacts.
Develop and maintain compliance management systems, policies, procedures, monitoring programs, and testing protocols.
Oversee state licensing strategy and maintenance for collection agency, servicing, and related licenses.
Help coordinate responses to regulatory examinations, audits, investigations, attorney general inquiries, and consumer complaints.
Partner with operations, recovery, servicing, litigation, information security, and vendor management teams to ensure implementation of compliant business practices.
Review call programs, communication strategies, payment processing practices, consumer disclosures, and operational procedures.
Conduct compliance reviews of third-party vendors, collection agencies, law firms, and other service providers.
Develop compliance training programs for servicing and recovery personnel.
Assist with consumer litigation, collection litigation, arbitrations, and regulatory matters.
Coordinate with outside counsel and recovery attorneys throughout Prestige's national network.
Review demand letters, complaints, regulatory inquiries, and consumer disputes.
Provide practical legal guidance regarding escalated consumer complaints and operational issues.