Associate General Counsel
Associate General Counsel
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$ 320000 - 351875
1 Vacancy
Job Description
*Banking services provided by MVB Bank Inc. Member FDIC
The Associate General Counsel will be a critical member of the legal department responsible for providing legal advice and support across the companys payment and loan product lines. This role will involve a broad range of legal and regulatory matters requiring a strong understanding of financial services law consumer protection regulations and the Fintech landscape. The ideal candidate will be a proactive problemsolver with excellent communication and negotiation skills capable of working independently and collaboratively with crossfunctional teams.
This is an exciting opportunity to join a dynamic company at the forefront of financial innovation and make a significant impact on its continued growth and success. If you are a skilled and passionate legal professional with a strong background in payments and lending within the Fintech space we encourage you to apply.
Key Responsibilities:
- Provide expert legal counsel and guidance to the companys business units on all aspects of its payment and loan products from development and launch to ongoing operations and compliance.
- Advise on federal and state laws and regulations applicable to payment processing (e.g. EFTA NACHA rules card network rules) lending (e.g. TILA FCRA ECOA) and consumer protection (e.g. UDAAP TCPA CANSPAM).
- Develop review and update terms and conditions disclosures policies and procedures related to payment and loan products to ensure compliance and mitigate legal risks.
- Draft review and negotiate a wide range of commercial agreements including partnerships with financial institutions technology vendors and other service providers.
- Advise on regulatory inquiries examinations and enforcement actions related to payment and lending activities.
- Monitor and analyze new and evolving legislation regulations and industry trends in the Fintech and financial services space providing proactive guidance on potential impacts to the companys products and operations.
- Collaborate with compliance risk product engineering and other internal teams to ensure legal considerations are integrated into product development and business strategies.
- Manage and instruct external legal counsel as needed.
- Develop and deliver training to internal stakeholders on relevant legal and regulatory matters.
- Assist the General Counsel on various legal projects and initiatives.
Skills and Qualifications:
- Juris Doctor (JD) degree from an accredited law school.
- Admission to the bar of at least one US state (preferably California).
- Minimum of 1012 of relevant legal experience with a significant focus on financial services law particularly in the areas of payments and lending.
- Indepth knowledge of federal and state regulations governing payment processing and lending including but not limited to:
- Electronic Fund Transfer Act (EFTA) and Regulation E
- Truth in Lending Act (TILA) and Regulation Z
- Fair Credit Reporting Act (FCRA) and Regulation V
- Equal Credit Opportunity Act (ECOA) and Regulation B
- Unfair Deceptive or Abusive Acts or Practices (UDAAP)
- Telephone Consumer Protection Act (TCPA)
- CANSPAM Act
- NACHA Operating Rules
- Card network rules (e.g. Visa Mastercard American Express)
- Statespecific lending and consumer protection laws
- Strong understanding of the Fintech and neo banking landscape including emerging payment technologies and alternative lending models.
- Experience drafting and negotiating complex commercial agreements.
- Excellent legal research analytical and problemsolving skills.
- Exceptional written and verbal communication skills with the ability to explain complex legal concepts clearly and concisely to nonlegal stakeholders.
- Proven ability to work independently manage multiple priorities and meet deadlines in a fastpaced environment.
- Strong business acumen and the ability to provide practical and strategic legal advice.
- Excellent interpersonal and collaboration skills with the ability to build effective working relationships across the organization.
- Experience working inhouse at a Fintech company or financial institution is highly preferred.
- Familiarity with privacy laws (e.g. CCPA GDPR) and data security regulations is a plus.
- Experience with regulatory interactions and enforcement matters is beneficial.
Benefits at Credit Karma includes:
- Medical and Dental Coverage
- Retirement Plan
- Commuter Benefits
- Wellness perks
- Paid Time Off (Vacation Sick Baby Bonding Cultural Observance & More)
- Education Perks
- Paid Gift Week in December
Pay Transparency Notice:
Credit Karmas mission of championing financial progress for all starts from within. Thats why we implemented rolebased compensation which ensures people who are in the same role receive the same pay with variations for geographic location only. Its all part of a more comprehensive DEI strategy that helps level the playing field. The base salary range for this role is $320000 $351875 plus equity and benefits.
Equal Employment Opportunity:
Credit Karma is proud to be an Equal Employment Opportunity Employer. We welcome all candidates without regard to race color religion age marital status sex (including pregnancy childbirth or related medical condition) sexual orientation gender identity or gender expression national origin veteran or military status disability (physical or mental) genetic information or other protected characteristic. We prohibit discrimination of any kind and operate in compliance with applicable fair chance laws.
Credit Karma is also committed to a diverse and inclusive work environment because it is the right thing to do. We believe that such an environment advances longterm professional growth creates a robust business and supports our mission of championing financial progress for everyone. We offer generous benefits and perks with a single eye to nourishing an inclusive environment that recognizes the contributions of all and fosters diversity by supporting our internal Employee Resource Groups. Weve worked hard to build an intensely collaborative and creative environment a diverse and inclusive employee culture and the opportunity for professional growth. As part of the Credit Karma team your voice will be heard your contributions will matter and your unique background and experiences will be celebrated.
Privacy Policies:
Credit Karma is strongly committed to protecting personal data. Please take a look below to review our privacy policies:
Required Experience:
IC
Employment Type
Full Time
