Description:
At A Financial Services Company, our mission is to unlock financial freedom for everyone. There has never been a better time than now to start building the future of fintech with us. A Financial Services Company powers the tools millions of people rely on to live a healthier financial life. We work with thousands of companies like Venmo, SoFi, and Betterment, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. A Financial Services Company's network covers 12,000 financial institutions across the US, Canada, UK and Europe. Founded in 2013, the company is headquartered in San Francisco with offices in New York, Washington D.C., London and Amsterdam.We are seeking a highly skilled and experienced Product Counsel to join our legal team, bringing expertise in advising on the Fair Credit Reporting Act (FCRA) and its application to consumer reporting agency operations. As a crucial member of A Financial Services Company's new consumer reporting agency subsidiary, you will play a pivotal role in ensuring compliance and guiding the development of our cutting-edge products. Your insights and legal acumen will be instrumental in navigating the complex regulatory landscape and shaping the future of our offerings. You'll operate as an embedded member of the product team and be trusted to be a key legal, business, and strategic advisor on complex legal, regulatory, and data privacy questions.
The ideal candidate is highly collaborative, inquisitive, and solutions-oriented with prior experience advising at a consumer reporting agency. This candidate will possess a deep understanding of the FCRA and its implications for consumer reporting, particularly within the fintech industry, and experience in collaborating with cross-functional teams to integrate legal requirements into product development processes.
We are looking for a proactive individual who thrives in a fast-paced environment and is passionate about driving innovation while maintaining regulatory compliance. If you're interested in a forward-thinking role within an ambitious and dynamic company, and pride yourself on seeing around corners and connecting dots, we'd love to talk to you!
Responsibilities:
- Provide expert legal advice and guidance on Fair Credit Reporting Act (FCRA) compliance matters related to consumer reporting agency activities
- Collaborate with cross-functional teams, including product, engineering, compliance, and product marketing to integrate legal considerations into the product lifecycle
- Assist go-to-market and commercial counsel in deals, ensuring legal compliance and mitigating potential risks
- Stay abreast of changes in relevant laws and regulations, and ensure proactive adjustments to company policies and procedures
- Draft and review legal documents and disclosures related to consumer reporting and data protection
- Work closely with external legal counsel when necessary and represent the company in regulatory discussions
Qualifications:
- Juris Doctor (JD) degree from an accredited law school with an active license to practice law
- Minimum of 5 years of legal experience, with a focus on FCRA compliance and consumer reporting agency operations
- Prior experience with consumer reporting agencies
- Familiarity with regulatory examinations, ability to navigate and successfully respond to inquiries from regulatory bodies
- Strong understanding of consumer protection rules and regulations, including UDAAP and GLBA, and data protection and privacy laws
- Excellent communication and collaboration skills
- Proven ability to provide practical and strategic legal advice to cross-functional team
- Good sense of humor with a strong desire to grow and learn
