Corporate/Sr. Corp Counsel, CAF

⁠​‌‌​​​‌​​​‌‌‌​‌​​​‌‌‌​​​​‌​​‌​‌‌​​‌‌‌​​‌⁠8509 - Corp Office GA Hub - 225 Chastain Meadows Court NW, Kennesaw, Georgia, 30144

CarMax, the way your career should be!

This attorney will support CarMax and its captive finance division – CarMax Auto Finance (CAF) – as an associate on the Finance Legal Team. This includes providing legal counsel and operational risk management for compliance with consumer laws relevant to CarMax and CAF’s Compliance Management System (CMS), including TILA, ECOA, GLBA, FCRA, ECOA (Fair Lending), FDCPA, SCRA, EFTA, TCPA, UDAAP, Bankruptcy, their state law equivalents, state Retail Installment Sales Acts, and UCC Article 9.

This attorney will provide legal guidance and oversight of CarMax’s sales finance licensing activities.

As CarMax continues to grow and explore new opportunities, this attorney may provide legal expertise and support of special projects, digital initiatives, and new features and products.

What you will do – essential responsibilities

· Analyze and deliver legal guidance on several subject matters under the CAF CMS, with responsibility for analyzing regulatory developments, owning policy statements, reviewing procedure documents and job aids, assessing compliance risks, supporting remediation efforts, resolving regulatory consumer complaints, and supporting audit and monitoring functions.

· Coordinate with various CarMax and CAF operations partners to address compliance concerns with practical recommendations, support operational changes and process improvements, and remediation efforts, as necessary.

· Additional responsibilities may include managing litigation, supporting service provider agreements relevant to CAF’s operations, developing and managing various credit services related forms, and counsel on special projects as assigned.

· Provide legal guidance to and management oversight of paralegals.

Skillsets and characteristics desired for this role

This role requires a self-motivated, conscientious individual who has strong attention to detail and a willingness to continuously learn and grow.

The candidate for this role should exhibit strong analytical and reasoning skills required in connection with researching and analyzing laws, assessing impacts on business processes, and making practical recommendations to business departments that effectively describe legal and operational risks.

Strong written and verbal communication skills are key to effectively communicate legal concepts and positions to associates, all levels of management, outside counsel, opposing counsel, and regulatory authorities.

A good teammate, willing to practice law with a small, closely-knit legal team.

Work Location and Arrangement: This role will be based out of the Kennesaw Georgia Auto Finance location or the Richmond Virginia Home Office location and have a Hybrid work arrangement

Work Authorization: Applicants must be currently authorized to work in the United States on a full-time basis.

Qualifications and Requirements

· A law degree.

· A member in good standing with the bar of a U.S. jurisdiction.

· 5 or more years of legal practice experience or other comparable experience.

· Previous financial services or other regulatory experience preferred

About CarMax

CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 200 locations nationwide.

Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.

The annual salary for this position is:

$143,800.00 - $249,300.00

May be eligible for bonus and equity.

Benefits:

Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time.

Associates that are considered full-time hourly or commission/incentive eligible:

• To earn up to 48 hours of sick time per year accrued on a per pay period basis and between 80 hours and 200 hours per year of vacation time after a 90 day waiting period depending on years of continuous service with the Company.
• For 8 hours of pay for each of a total of 6 paid scheduled holidays per year plus 1 floating holiday. If such an Associate does work on a scheduled holiday due to business need, they are eligible for Holiday Premium Pay.

Associates considered full-time salaried are entitled to paid time away with no specified limit as needed for sick, vacation, bereavement, jury duty, holidays, floating holiday, etc. subject to manager approval.

For more details about benefits, please visit our CarMax Benefits website.

Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.