TrueML

Legal, Audit and Compliance (LAC) Operations Manager

Indiana, United States

TrueML Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Software, Legal Services, ComplianceIndustries

Requirements

Candidates should possess a Juris Doctor (JD) degree from an accredited law school and be admitted to practice law in at least one state. They must have at least 8 years of experience in legal operations, audit, or compliance, with a strong understanding of corporate governance and regulatory requirements. Experience with contract lifecycle management systems, particularly Ironclad, is highly preferred.

Responsibilities

The Legal, Audit and Compliance (LAC) Operations Manager will provide legal support to the General Counsel, including drafting and reviewing contracts, assisting with corporate filings, and conducting legal research. They will also lead the administration and optimization of the contract lifecycle management process, serve as the system administrator for Ironclad, and ensure consistency and efficiency in contract management across the organization.

Skills

Legal support
Contract review
Corporate governance
Corporate filings
Legal research
Contract lifecycle management

TrueML

Fintech solutions for debt collection and management

About TrueML

TrueML operates in the financial technology sector, focusing on enhancing the financial services experience for consumers. Its main product, TrueAccord, is a digital platform that streamlines debt collection and recovery, using intelligent technology to improve outcomes for businesses while ensuring a positive experience for consumers. TrueML also offers True Life Solutions, which includes consumer-facing tools like Engage, a communication platform that connects consumers with debt collectors and creditors, helping them manage and pay down debts. Unlike many competitors, TrueML emphasizes inclusivity and customer-friendliness in its approach to financial services. The company's goal is to make financial services accessible to everyone, regardless of their financial situation, and to transform the often challenging experience of managing debts into a more manageable and respectful process.

Key Metrics

16011 College Blvd Suite 130, Lenexa, KS 66219, USAHeadquarters
2013Year Founded
$199.9MTotal Funding
VENTURE_UNKNOWNCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Unlimited Paid Time Off
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
401(k) Retirement Plan
Family Planning Benefits
Mental Health Support
Wellness Program

Risks

Emerging fintech startups may erode TrueML's market share with similar solutions.
Consumer privacy regulations like GDPR could impact TrueML's operations significantly.
Economic downturns may challenge TrueML's ability to recover debts effectively.

Differentiation

TrueML uses machine learning to personalize debt collection outreach across digital channels.
TrueAccord platform optimizes debt recovery while enhancing customer experience and brand loyalty.
True Life Solutions offers tools like Engage to help individuals manage and pay down debts.

Upsides

Retain product recovered $375 million in past-due balances since January 2023.
Thomas Overton's appointment as CTO enhances focus on machine learning capabilities.
Retain reduces operational costs by automating delinquency communications, increasing efficiency.

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