Description:

As the Lead Product and Regulatory Counsel - Home Lending at Upstart, you will play a key role in helping develop new products to serve the home lending market and establishing the legal and regulatory framework for Upstart's home lending platform.

How you'll make an impact:

Build strong, trusted relationships across the organization
Serve as a core member on the Home Lending leadership team as we build, launch, and scale new loan products such as HELOCs and eventually purchase loans;
Provide prompt, proactive, practical legal advice cross functionally on the application of state and federal laws and regulations governing various consumer financial products offered via Upstart's platform, including developing legal analyses and requirements documents for new products and features
Advise product and engineering team on the design of new consumer product flows
Provide advice and guidance on disputes and issues escalated from the Compliance team including, but not limited to, those related to mortgage advertising, underwriting, closing and servicing
Analyze new laws and regulations and their applicability to Upstart's lending platform
Advise on internal and external consumer agreements, notices and disclosures
Review internal policies and procedures to ensure compliance with applicable laws

What We're Looking For:

J.D. degree with superior academic credentials and a state bar membership
At least 6+ years of experience in a top-tier law firm, government, and/or an in-house legal dept with a banking and/or regulatory focus
In-depth knowledge of federal and state home lending and consumer protection laws and regulations, including FCRA, RESPA, TILA, GLBA, UDAAP, EFTA, and ESIGN
Background with mortgage fair lending issues arising under FHA, ECOA, as well as HMDA, CRA, and state and federal civil rights laws
Strong communication skills with a demonstrated ability to effectively and proactively provide quick, concise, and practical legal advice
Excellent judgment with demonstrated decision-making capability while dealing with legal, regulatory and business issues involving competing interests
Experience working for or with a fintech or proptech company, preferably in a vertically integrated company covering loan origination, title, and real estate preferred