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Sr. Item, Regulatory & Business Counsel
LendUp, Oakland, CA (temporarily remote)
Our objective is always to offer you aren’t a way to better monetary wellness.
LendUp is really a technology that is financial situated in Oakland centered on changing the subprime credit and financing room. We’re a Y-Combinator alum w12 that is(YC supported by prominent investors such as for example Bing Ventures, Andreessen Horowitz, Kleiner Perkins, and Kapor Capital. Our item has been utilized in 7 states and we’ve seen press that is great into the Wall Street Journal, Financial instances, CNN, NBC, TechCrunch, Venturebeat, Inc, Wired, Bloomberg, Fortune, and Dow Jones, and others.
Just just What we’re doing:
At LendUp our company is on an objective to offer you aren’t a pathway to higher health that is financial. Huge numbers of people don’t have admission to quality credit. Their choices are usually restricted and unfair, plus it’s very easy to become caught in a financial obligation period. This is basically the very first problem LendUp attempt to re re solve, through the use of our blended expertise in computer pc software, information technology, credit, and training, to the shared passion for economic health insurance and dignity.
Our core item, the LendUp Ladder, is an alternative solution to payday advances that transforms a trap into a way to borrow at reduced prices and build credit. And each we see our customers succeed day. We’re building additional lending options that can help us further accelerate our objective of supplying you aren’t a course to raised monetary health.
The Sr. Product, Regulatory and Corporate Counsel will undoubtedly be accountable for employed in close partnership with specific sections and get a cross practical groups to offer appropriate and regulatory guidance as LendUp develops, implements and updates its services and products.
- Advise business lovers who’re focusing on brand brand new and existing services and services and products from item development through launch, including compliance advising with regards to such items
- Offer timely, concise and business-focused legal counsel on federal and state customer banking and financing rules, including Regulation E, TILA and Regulation Z, MLA, ECOA, FCRA and UDAAP, and banking laws like BSA/AML, and information privacy and security regulations.
- Advise the LendUp item group on item advertising, adverts and disclosures.
- Offer advice that is regulatory LendUp’s commercial and federal federal government relations counsel to help with negotiating commercial and bank agreements, and help legislative and policy matters.
- Offer advice that is regulatory support to LendUp’s conformity group.
- Work with banks in developing cardholder agreements, disclosures as well as other item security
- Instruct and handle outside counsel, since necessary
- Manage LendUp’s state lending certification needs, including getting and maintaining licenses
- Structure and draft loan agreements for LendUp products
- Handle litigation and employment things, and any matter impacting company, as essential to offer the company
- A proven high-caliber, experienced, solution-oriented and proactive lawyer with expertise in the financing area
- Deep experience analyzing and advising on many problems pertaining to the monetary solutions industry, with certain expertise on customer electronic banking, individuals in different payments systems, including issuer processors and system supervisors, sub-prime and installment loans, like the regulations, foibles pertaining to banking institutions and state certified
- Deep knowledge of Regulation E, Regulation Z, BSA/AML, TILA, ECOA, FCRA, MLA and state guidelines associated with lending
- Capacity to balance working separately with little to no guidance and working closely and collaboratively within a tiny team that is legal
- Capability to interface effortlessly along with known degrees of the corporation (professional management, HR, company divisions, etc. ) also to gain the trust and self- self- confidence of other people
- An enthusiastic feeling of ownership, and extremely adaptable to a fast-changing environment
- A solid company focus with practical danger understanding
Education and Experience
- JD and 8+ years of expertise, including in-house that is practicing a fast paced FinTech startup business ( or in an comparable environment) for at the very least 36 months, with significant give attention to consumer financing
- Preferred candidate could have experience doing work in the re payments room, straight with regulators representing certified businesses, and negotiating and drafting complex economic solutions contracts
- Tested solution oriented and problem that is creative
- Capability to handle multiple projects simultaneously, with effective quality of conflicting priorities
- Exceptional dental and written interaction abilities and capability to work both in groups and individually
- Admitted into the CA a state club or authorized in-house counsel with hawaii Bar of Ca
- Love of life
LendUp has all the stuff you’d expect from a mission-driven business, like a competitive salary; very early stage equity; 100% business paid medical, dental and eyesight insurance coverage; ample vacation/sick leave policy; 401(k).
But right right here’s everything we really like about LendUp Life:
- We’re devoted to a diverse and inclusive tradition that spurs innovation and produces a significant and impactful work place
- Certainly one of our values is “different backgrounds, exact exact same objective. ” we’re passionate about diverse prospects and also have slack networks devoted to anything from mu
LendUp can be an opportunity that is equal
We stretch equal occupations to qualified candidates and workers on a basis https://speedyloan.net/payday-loans-md that is equal of ones own age, battle, color, intercourse, faith, national beginning, impairment, intimate orientation, sex identification or phrase, pregnancy status, marital status, military or veteran status, hereditary disposition, or other explanation protected for legal reasons.