Description:

Requirements:
The Associate Counsel- Student Loan Compliance will oversee the Compliance Management System, ensuring regulatory compliance and effective operation. In addition, this person will manage the maintenance of risk assessments for Department of Education programs, review and revise compliance standard operating procedures, and provide legal support for compliance issues. This position will report to the Assistant General Counsel- Student Loans.

Essential Duties and Responsibilities:
  • Assess, update, and assist with the operation of the company's Compliance Management System, including regulatory change management, consumer complaint response, the updating of systemic and manual controls, and audit remediation.
  • Manage the maintenance of the Company's risk assessment for the Department of Education programs.
  • Review, update, and revise compliance standard operating procedures.
  • Provide legal support for the tracking, response, and management of identified compliance issues.
  • Review training materials; policies and procedures; regulatory compliant responses; and borrower correspondence to ensure these materials align with contractual requirements, federal law, and state law.
  • Manage legal research related to state licensing requirements. • Establish policies and practices that minimize legal risk.
  • Work closely with the Assistant General Counsel – Federal Student Loan Compliance with managing the day-to-day operations of the department and legal questions from operational management.

Minimum Requirements:
Minimum Requirements:
  • JD from an accredited law school and admission to one or more State Bars is required.
  • 5-7 years of experience