Corporate/Sr. Corp Counsel, CAF

CarMax • Kennesaw, GA

4d • Hybrid

About The Position

This attorney will support CarMax and its captive finance division – CarMax Auto Finance (CAF) – as an associate on the Finance Legal Team. This includes providing legal counsel and operational risk management for compliance with consumer laws relevant to CarMax and CAF’s Compliance Management System (CMS), including TILA, ECOA, GLBA, FCRA, ECOA (Fair Lending), FDCPA, SCRA, EFTA, TCPA, UDAAP, Bankruptcy, their state law equivalents, state Retail Installment Sales Acts, and UCC Article 9. This attorney will provide legal guidance and oversight of CarMax’s sales finance licensing activities. As CarMax continues to grow and explore new opportunities, this attorney may provide legal expertise and support of special projects, digital initiatives, and new features and products.

Requirements

• A law degree.
• A member in good standing with the bar of a U.S. jurisdiction.
• 5 or more years of legal practice experience or other comparable experience.

Nice To Haves

• Previous financial services or other regulatory experience preferred

Responsibilities

• Analyze and deliver legal guidance on several subject matters under the CAF CMS, with responsibility for analyzing regulatory developments, owning policy statements, reviewing procedure documents and job aids, assessing compliance risks, supporting remediation efforts, resolving regulatory consumer complaints, and supporting audit and monitoring functions.
• Coordinate with various CarMax and CAF operations partners to address compliance concerns with practical recommendations, support operational changes and process improvements, and remediation efforts, as necessary.
• Additional responsibilities may include managing litigation, supporting service provider agreements relevant to CAF’s operations, developing and managing various credit services related forms, and counsel on special projects as assigned.
• Provide legal guidance to and management oversight of paralegals.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior