December 9, 2022 (Sacramento, CA) – Receivables Management Association International (RMAI) has selected Maxwell & Graves Solutions, LLC (M&G) as an authorized audit provider for the RMAI Receivables Management Certification Program. The purpose of the Certification Audits is to ensure that Certified Receivables Businesses (CRB) and Certified Receivables Vendors (CRV) conform to the Certification Standards.
The Audit Committee designates authorized audit providers based on demonstrated excellence in the subject matter related to the Certification Program. Currently, there are 11 Authorized Audit Providers.
RMAI’s Receivables Management Certification Program offers professional designations to businesses and individuals operating and employed within the receivables industry. Collection agencies, debt buyers, collection law firms, vendors, brokers, and their employees can earn designations. RMAI launched the Certification Program in 2013 with a stated mission to “provide enhanced consumer protections through rigorous and uniform industry standards of best practice.” Celebrating its tenth year in 2023, the Certification Program is highly regarded by regulators and legislators. Many companies make earning a Receivables Management Certification Program designation a requirement for doing business.
“We are pleased to welcome M&G as an authorized audit provider for the RMAI Receivables Management Certification Program,” said RMAI Executive Director Jan Stieger. “We thank them for their membership support of RMAI and look forward to their involvement with the RMAI Receivables Management Certification Program.”
M&G is a specialized consulting firm founded in 2018 that provides services to lenders, fintechs, debt buyers, and collection agencies. M&G is comprised of four partners and a team of subject matter experts, each with deep, first-hand experience in the financial services space. M&G’s Partners also serve as Advisors and Fractional Leaders for multiple organizations across our industry. One of the several areas that M&G specializes in is audit preparation, response, and remediation, internal and external audit program design, and end-to-end audit program facilitation.
For more information on RMAI certification for receivable businesses and individuals, please visit the RMAI website at www.rmaintl.org/certification. Search the Directory of Certified Businesses to find Certified Receivables Businesses and Certified Receivables Vendors and the Directory of Certified Individuals to find Certified Receivables Compliance Professionals.
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About Receivables Management Association International
Receivables Management Association International (RMAI) is a nonprofit trade association representing more than 600 businesses that support the purchase, sale, and collection of performing and nonperforming receivables on the secondary market. The RMAI Receivables Management Certification Program and Code of Ethics set the global standard within the receivables industry due to the rigorous uniform standards of best practice which focus on protecting consumers.
More information about RMAI is available at www.rmaintl.org.