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Carrot Peelers, Sales, Personality and Your Job Search
In-House
Legal Staff
Corporate - General
Min 5 yrs required
Franchise Compliance Administration Manager The candidate will manage compliance process for new franchise candidates - this includes review of the application to validate certain eligibility requirements (US citizenship, Subway franchisee, and veteran/first responder), review of credit report and background check on each candidate for potential red flags, and verification of other required information. Disclose candidates with the proper FDD document and follow up to ensure collection of the FDD receipts. Will process requests for multi-unit development of existing franchisees - this includes obtaining/reviewing personal financial statements to ensure adequate liquidity, running a soft-pull credit report, and collecting feedback on franchisee performance with Operations and AR. Prepare a multi-unit approval summary, which includes financial information, current store sales and performance criteria, current P&L information and financing status, to key executives for approval. Process franchise agreement requests for approved candidates - this includes collecting supporting documents to verify candidate’s business entity, EIN, and entity ownership information, ensuring proper payments/commissions are listed on franchise agreement request form, and obtaining drafted addenda/amendments for franchise agreements as needed. Prepare request for franchise agreements and send to proper team member for processing. Assist sales team with follow-up to ensure timely signing of agreements. Manage store transfer program – this includes gathering information on the proposed purchase, submitting to executive team for approval/right of first refusal, and ensuring completion/submission of all legally-required documents to complete the purchase/sale. Work with both incoming and outgoing franchisee to ensure a smooth transfer of ownership. Prepare request for franchise agreements, send to proper team member of processing, and follow up to ensure timely signing. Manage store renewal program – this includes tracking of expiration dates, working cross-functionally with Operations, Development, and the AR to gain approval for renewal and required action items. Gather and validate existing information for preparing new franchise agreements/required documentation, send to proper team member for processing, and follow up to ensure timely signing. Coordinate the tracking and validation of various store statistics needed for the FDD, including total store counts, closures, relocations, status of AR development schedules and AD development schedules, and outstanding franchise agreements. Prepare reports as needed. Submit data to various rankings publications, and coordinate list of current rankings with the Development Team. Complete the annual Bank Credit Report. Gather required information from various departments and compile into a final draft for approval by Finance Team. Submit final report to Fran Data. Provide other support to the Legal Team as assigned. Bachelor’s degree in Paralegal Studies, Business Administration, or related field is needed. Should have 5 years of prior work experience in a business/transactional role, with a proven record of successful growth and development. Prior franchise experience is preferred. Strong communication skills and professionalism, with ability to present information to varying work groups are must. Knowledgeable computer skills including Excel, Word, Adobe, Power Point and Outlook is needed.
Req #: 2252801
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