Legal Compliance Intern
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Job Description
About Company: Information not provided in the text.
Job Description:
This internship position, reporting directly to the Chief Compliance Officer and supporting Real Time’s legal team, focuses on regulatory compliance and research within the receivables management industry.
Key Responsibilities:
• Regulatory Research & Monitoring: Routinely conduct regulatory research, writing, and document review. Continually monitor, compare, and track state-to-state as well as Federal regulations through Westlaw. Report any and all regulatory changes found through ACA International (formerly American Collectors Association) as well as Receivables Management Association International (RMAI).
• Compliance Duties: Conduct compliance duties, including but not limited to, reviewing and extracting data from various online resources and databases.
• Memorandum Preparation: Prepare memoranda for the compliance and legal team based on changes found in regulations.
• Borrower Inquiry Response: Responsible for responding to borrower inquiries and disputes, as well as internal research requests, and will work closely with all company departments to achieve maximum results.
• Data Input: Report and input results of research into Real Time’s servicing system.
• Strategic Support: Additional business focus on achieving strategic and operational objectives.
• Project Assistance: Assisting with outside projects as required.
Qualifications and Skills:
• Must be enrolled in 12+ hours of undergraduate coursework, or 6+ hours of graduate coursework
• Current enrollment in a Law – Juris Doctorate program with 3.0 GPA or higher required
• Should enjoy speaking to people and performing computer-based research.
• Technical and analytical skills are required for making decisions and piecing together information.
• Good attitude, team player, willing to learn all aspects of loan servicing industries.
Work Environment:
• Hybrid setting: Splits time between a professional office environment (call center) and a remote home office.
• Requires standard office equipment including keyboard, mouse, and telephone.
• Office: Typical call center setting with background noise and team interactions.
• Remote: Requires a dedicated and quiet workspace, reliable internet connection, and secure access to company systems.
Physical Demands:
• Prolonged periods of sitting and reviewing information on a computer screen.
• Repetitive motions of hands and wrists related to typing.
• Voice Clarity: Regular use of a clear and professional speaking voice for effective communication.
• Occasional lifting of office supplies up to 20 pounds.
Position Type/Expected Hours:
• Internship position.
• Extended work hours and/or overtime may be required as dictated and/or approved by management and business needs.
