Credit Acceptance is proud to be an award-winning company with local and national workplace recognition in multiple categories! Our world-class culture is shaped by dedicated Team Members who share a drive to succeed as professionals and together as a company. A great product, amazing people and our stable financial history have made us one of the largest used car finance companies nationally.
Our Support teams work with multiple departments in a dynamic environment that promotes flexibility and autonomy, while offering the opportunity to collaborate with a diverse group of professionals. We work to comply with our company standards, exceed customer expectations and drive our Great Place to Work culture. Through the consistent delivery of quality services and understanding the needs of our business, we develop innovative improvements as we strive towards our company's Big, Hairy, Audacious Goals!
The attorney in this position is self-assured, articulate and adept at independently analyzing the law and making decisions in a fast-paced, continuously evolving work environment. You will be responsible for serving as product counsel for the Company's servicing products, systems and operations.
Your primary responsibility will be to ensure the Company services retail installment sale contracts in accordance with the law and Company policy. You will provide timely and professional legal advice and counsel to business colleagues on product initiatives to address legal, regulatory and policy concerns and ensure alignment with Company strategic objectives.
You will need to be tech-savvy with excellent collaboration skills. If assigned, you will also be expected to represent the Company's interests with regulators and other outside parties.
Outcomes and Activities:
This position will work from home; occasional planned travel to our Southfield, Michigan office may be required.However, this position is permitted to work at our Southfield, Michigan office if requested by the team member.
As servicing product counsel, you will serve as a primary legal advisor, providing direct support (verbally and in writing, as appropriate) to Product Managers, Engineers, Designers, Sales, Marketing and others on matters related to the Company's servicing products, systems and operations.
You will serve as Subject Matter Expert (SME) on consumer protection law and regulation impacting the servicing of a retail installment transaction, including but not limited to fifty state knowledge of retail installment sales acts and/or consumer credit codes, Article 9 and other laws relating to repossession, debt collection, state certificate of title laws, federal consumer bankruptcy law, TILA, FTC Act, SCRA, and state and federal UDAAP.
You will provide primary legal support to servicing operations leaders and teams, including but not limited to repossession, redemption, remarketing, titles, deficiency collection and bankruptcy teams, as well as servicing systems' product and engineering teams.
If assigned, you will integrate into cross-functional Customer Value Teams (CVTs) consisting of colleagues from Product, Engineering, Design, Operations and Marketing to provide legal, business, and strategic advice. You will collaborate with CVTs to creatively solve problems identified by the business and support the execution and delivery of a product roadmap.
You will coordinate closely with other Legal department SMEs to ensure the timely delivery of practical legal advice to CVTs and servicing business teams.
You will analyze changes to laws, regulations and policies affecting motor vehicle finance servicing and relevant to product goals and objectives and clearly communicate changes and impacts of changes to CVTs and servicing and operations business teams. As necessary, you will scope, prioritize and execute product enhancements or other system or process changes to respond to regulatory and legal changes.
You will recognize and balance priority of business initiatives with legal risk and scale your advice to provide guidance appropriate to the successful implementation of business initiatives while mitigating risk to the Company.
You will support the development and maintenance of job aids, guidelines and policies related to business teams to whom you provide legal advice.
You will develop and maintain ongoing relationships with all levels of the business to maintain knowledge about daily business operations, in order to provide appropriate legal advice and guidance on servicing related issues.
You will support CVTs and servicing-related business units by negotiating and drafting a variety of legal agreements, including vendor agreements. You will serve as the principal legal resource for the Company's vendor management initiatives.
You will complete special projects and support Compliance Management Program initiatives.
If assigned, you will develop relationships with regulators and explain and advocate for Company practices, systems, processes and policies.
Knowledge and Skills:
Be organized and capable of meeting all deadlines.
Remain positive, professional, determined, calm and focused when faced with challenging situations.
Be a quick thinker, with an ability to understand and interpret information promptly and effectively.
Be flexible and adaptable in a fast-paced, innovative, and demanding environment.
Be able to effectively and efficiently manage numerous... For full info follow application link.
Credit Acceptance is dedicated to providing an inclusive environment for all. We are proud to be an Equal Opportunity Employer and value a culturally diverse workforce. We believe in ensuring all team members demonstrate mutual respect for one another. All qualified applicants will receive consideration for employment without regard to protected characteristics like age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
