Description:
Job Description Summary:The Senior Legal Counsel (L27) role is focused on supporting all teams responsible for all US buy now, pay later product offerings. The US GPL existing product suite includes the An American Company Operating an Online Payments System Pay in 4 product issued by PPI and the Pay Monthly product offered by PPI on behalf of a bank partner. This support includes providing guidance from inception of an initiative through its planning, development, preparedness, and launch, and then carrying through post launch for all aspects of the product lifecycle pre-collections.
Job Description:
The successful candidate will have the following specific qualifications and experience:
- 7 plus years of experience with legal issues arising in most, if not all, of the following areas: credit and lending, financial services, consumer protection, sales, contracts and marketing.
- Experience in interpreting and counseling clients regarding the following laws and regulations is required: UDAAP, EFTA/Reg. E, TILA/Reg. Z, GLBA/Reg. P, FCRA/Reg. V, FDCPA, ECOA/Reg. B, CAN-SPAM, TCPA and other laws affecting payments products, and consumer and small business credit products.
- Exceptional legal research skills, particularly in areas of new legislation and regulation and application of same to specific use cases.
- Experience with e-commerce, payments, credit cards or other lending products.
- Experience dealing with regulatory bodies, regulatory exams, internal and third-party audits.
- Ability to thrive in a fast-paced environment and to tolerate change and ambiguity.
- Ability and drive to take ownership of projects and tasks which, in many cases, will be matters of first impression.
- Openness to adapting his/her practice in response to the changing landscape of the industry.
- Facility with a team-based approach to subject matter management and knowledge sharing, and comfort with a flexible, agile environment that emphasizes collaboration and team performance over management hierarchy. The successful candidate will enthusiastically collaborate with An American Company Operating an Online Payments System legal colleagues across our global organization and be able to hit the ground running.
- Creative thinker with strong problem-solving skills and the ability to stay calm under challenging circumstances.
- Juris Doctorate or equivalent degree. Admitted to a state bar and in good standing.
- Exceptional writing skills, with strong attention to detail and ability to generate creative original drafted documents.
- Outstanding communication skills and ability to work both in teams and independently.
- Ability to effectively synthesize and explain complex and detailed legal requirements to clients across different levels within the organization.