Compliance Default Servicing Analyst

About the Role:

Our Compliance team is looking for a Compliance Default Servicing Analyst to play an important role in ensuring that a company's default servicing practices comply with applicable regulations and internal policies. You will work with different internal teams on various collections and default issues.

What You’ll Do: 

• Perform initial due diligence reviews on potential default servicing and debt purchasing vendors
• Conduct ongoing oversight and testing of existing vendors and debt buyers
• Work closely with Compliance, Vendor Management and Operational teams to ensure identified issues are remediated timely
• Work with Compliance and Legal departments to advise Operations on nuanced or high risk collections and default issues involving bankruptcy, debt settlement, repossession, and loss mitigation
• Review collection communications
• Advise on proper credit reporting for delinquent accounts

What We Look For:

• 2-4 years background in compliance, auditing, testing, legal, or regulatory/law enforcement experience specific to default servicing and collections
• Experience in the financial services industry, either working for an lender, investor, marketplace platform, law firm, or regulator
• Understanding of consumer-facing regulations, information technology systems, and standard system implementation methodologies
• Broad knowledge of financial products, markets, and laws and regulations, including consumer regulations such as FDCPA, FCRA, and UDAAP

Nice to Have:

• Deep understanding of FDCPA and its application in different forms of collection activities
• Understanding of regulations applying to credit cards, auto loans, and unsecured credit
• Excellent critical thinking, presentation, written communication, time management, and analytical skills
• Integrity, motivation, intellectual curiosity, and enthusiasm
• Knowledge of Microsoft Word and Excel

What We Offer You: 

• Competitive salary and stock option plan
• 100% paid coverage of medical, dental and vision insurance 
• Flexible PTO
• Opportunities for professional growth and development  
• Paid parental leave
• Health & wellness initiatives

#BI-Remote  #LI-Remote 

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