Product Counsel

As Product Counsel, you will have a broad range of responsibilities providing legal guidance on product and feature development.
You will also be our compliance lead providing company-wide advice related to anti-money laundering obligations, payments, and business lending operations.
This role requires both a passion for designing products and an adherence to building a strong regulatory compliant framework.
You will be providing strategic legal and regulatory advice to the company while helping us bring our products to market and sign customers.
Why work with us? You will get the chance to be an early team member at a fast-growth YC startup.
We truly believe that it’s slope — not where you start but how fast we are growing and iterating We are growing fast and well-funded.
This is a once-in-a-lifetime opportunity to join our rocketship at an inflection point! We’re a tight-knit, intense team, where you'll learn a ton and have ownership Work with seasoned second-time founders What you'll do Provide guidance to product and engineering teams on issues related to all products and features throughout the entire product development lifecycle Provide pragmatic, actionable advice on requirements for existing and new products Draft terms of service and commercial agreements related to our products and services Cultivate creative ideas and insights into how legal frameworks can support new product developments and customer experiences Advise on product and marketing collateral, customer communications, and disclosures Manage regulatory examinations and audits Policies & Procedures - develop and maintain the compliance policies and procedures required by the credit framework, in order to support lending Provide strategic insight for Operations as they build support for lending workflows Provide reporting required by the compliance framework Train employees and partners with respect to the compliance required for lending and payments Case manage customer compliance complaints related to lending and provide formal responses to such matters Manage state licenses and the relationship with the state regulators Manage all monthly testing and reporting to the Partner Bank Requirements 8+ years of combined, relevant experience in law firms or in-house fintech / software legal departments Business credit background a plus Demonstrated solution-oriented business and compliance judgment Excellent commercial negotiation and drafting skills Experience with product development and advising on laws and regulations applicable to technology Familiarity with ECOA, RegZ, FCRA, FDCPA, UDAAP, Truth in lending, True lender consideration Excellent communicator both internally and externally, with ability to break down complex regulatory requirements into easy-to-understand and practical advice Basic understanding of AML and sanctions programs, including applicable U.
S.
legislation Compensation Range: $190K - $250K