Chief legal and compliance officer | Altisource Portfolio Solutions, S.A.

Gregory Ritts
Chief legal and compliance officer | Altisource Portfolio Solutions, S.A.
Team size: 12 lawyers; approx. 80 professionals amongst risk management functions reporting to me
What are the key projects you have been involved in over the past twelve months?
The exchange and maturity extension of Company debt, and related issuance of common stock and stakeholder warrants.
Can you describe an instance where your legal advice directly influenced business strategy or commercial objectives?
I was involved in the strategy and execution of debt exchange and maturity transactions.
What key trends should in-house counsel be monitoring over the next six to twelve months ?
The development, deployment and utilisation of artificial intelligence in legal and risk functions.
How do you navigate situations where legal advice and commercial objectives conflict?
I navigate potential legal and commercial conflicts through synchronous communications regarding business objectives, risk analysis and mitigation strategies.
How have you implemented AI within your legal team to improve efficiency while maintaining quality and governance – and keeping the human element?
Developing and/or deploying contract management, legal research, dispute analysis and budgeting, and compliance management AI-enabled solutions.
Beyond your legal role, is there a cause or initiative you are especially passionate about?
Scouting and the World Scout Foundation.
Chief legal and compliance officer | Altisource