A tech focused international business process and services company is seeking experienced Compliance Counsel to add to their Legal/Compliance team.

Located in the tropical, sunny St. Croix, US Virgin Islands, this Company also offers 100% Company-Paid Employee Medical Benefits; Paid Time Off, 401(k) Retirement Plan, 11 Company-Paid Holidays; Quarterly Incentive Bonus Opportunity; Years of Service Program; a business casual working environment; the Caribbean for your back yard; and most importantly an amazing team-driven working environment.  

Founded in 2009 by two highly experienced international business executives, our company has experienced significant consistent growth over the last six years. We specialize in providing services to clients in need of creative and dynamic business solutions, including sophisticated risk management models, analytics, product design and development, marketing and financial analysis, and balance sheet strategies.

Position summary:

Our Compliance Counsel is primarily responsible for assisting in the protection of the organization's legal interests and maintaining its operations within the scope established by law. This position must understand and work with Federal laws regarding consumer finance including but not limited to Reg Z (TILA), Reg E, FDCPA, UDAAP, and ECOA.

Essential Functions:

·      Responsible for identifying and analyzing legal issues, presenting clear recommendations, and assuring legal compliance. Assess and advise on current and        emerging legislative/regulatory/policy.

·         Keep abreast of relevant laws, regulations, and supervisory guidance.  Educate management on best compliance practices, legal requirements and                 compliance trends  Inform management, clients and interested parties of new and modified compliance requirements.

·         Manage, develop and maintain Compliance Management Programs for the Company, coordinate licensing and reporting requirements.  Continually asses           effectiveness of overall compliance and ethics program

·         Review and update policies, procedures and disclosures as needed for adherence with applicable laws and regulations.  Manage the development of                 compliance-related policies and procedures.

·         Create and maintain company standards related to higher risk products, services, and practices.  Ensure documentation and training materials are                   current to minimize risks.

·         Perform or Coordinate compliance reviews and risk assessments on existing and new programs and initiatives.

·         Perform ongoing evaluation of third parties requiring enhanced oversight.

·         Participate in offsite and onsite due diligence reviews of key third party service providers.

·         Review marketing programs and materials for adherence to regulatory requirements and Company standards, providing guidance and advice as needed           to bring the materials into compliance.

·         Oversee monitoring and testing to ensure that activities are completed in accordance with approved schedules.  Identify appropriate corrective action               when needed and follow up to ensure corrective action is implemented.

·         Serve as the compliance resource in the area of product development, including preparing and reviewing program documentation

·         Provide Corporate Governance Support

·         Manage the Contract Compliance Initiative. 

·         Build and maintain close working partnerships with internal and external clients to ensure they seek advice and counsel when needed on compliance               issues.  Partner with clients to develop solutions and recommendation to meet compliance needs.

·         Train internal and external clients on compliance requirements through a variety of methods including one on one or staff meetings, webinars, memos,           educational presentations, and providing guidance on specific situations.

·         Prepare and present compliance reports and executive summaries of compliance activities including concerns, issue trends and patterns, etc. and                   discuss recommendations for initiating additional controls and audits as needed.

·         Assist in the management of compliance-related audits and examinations.  Gather relevant documentation as requested, meet with auditors to respond           to questions, prepare audit responses as needed, and implement actions recommended by auditors and examiners.

·         Performs legal research and analysis of data related to compliance practices, policies and procedures

·         Perform other related duties as assigned.