Job Description
Description & Requirements The 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 oversee the operation of the company's Compliance Management System, including regulatory change management, consumer complaint response, and audit remediation.
- Manage the maintenance of the Company's regulatory risk assessment for the Department of Education programs.
- Review, update, and revise compliance standard operating procedures.
- Provide legal guidance for the tracking, response to, and management of identified compliance issues.
- Review training materials; operational policies and procedures; regulatory compliant responses; and borrower-facing materials to ensure these materials align with contractual requirements, federal law, and state law.
- Manage legal research related to state licensing and servicing requirements. Establish policies and practices that minimize legal risk.
- Provide legal counsel and support for regulatory examination response
- 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
- JD from an accredited law school and admission to one or more State Bars is required.
- 7-10 years of experience
Additional Minimum Requirements:
- Legal experience specific to student loan servicing compliance at a government agency, law firm, and/or in-house environment
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EEO Statement
Maximus is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information and other legally protected characteristics.
Pay Transparency
Maximus compensation is based on various factors including but not limited to job location, a candidate's education, training, experience, expected quality and quantity of work, required travel (if any), external market and internal value analysis including seniority and merit systems, as well as internal pay alignment. Annual salary is just one component of Maximus's total compensation package. Other rewards may include short- and long-term incentives as well as program-specific awards. Additionally, Maximus provides a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement savings plan, paid holidays and paid time off. Compensation ranges may differ based on contract value but will be commensurate with job duties and relevant work experience. An applicant's salary history will not be used in determining compensation. Maximus will comply with regulatory minimum wage rates and exempt salary thresholds in all instances.
Minimum Salary
$
130,050.00
Maximum Salary
$
175,950.00
Job Tags
Minimum wage, Holiday work, Permanent employment, Contract work, Temporary work, Work experience placement,