Consumer Lending Attorney (Remote or Hybrid)

Overview

This role supports a financial institution on an interim, flexible basis as a Consumer Lending Attorney. Engagements start part-time and may increase to full-time as business needs require. Work is remote from anywhere, with a potential pathway to convert to a permanent position.

Candidates seeking permanent conversion must be located in or willing to relocate to Portland, Oregon.

Responsibilities

• Advise the business on legal and regulatory matters relating to consumer lending products and services.
• Provide guidance on applicable federal and state consumer financial services laws and regulations, including lending and consumer protection requirements.
• Review new and existing lending products, programs, policies, disclosures, and customer communications for legal and regulatory compliance.
• Draft, review, and revise consumer lending agreements, disclosures, notices, policies, procedures, and related documentation.
• Counsel business, product, operations, compliance, and risk teams regarding product development, implementation, and ongoing servicing matters.
• Advise on regulatory changes and assist with evaluating and implementing necessary changes to lending products and practices.
• Identify and assess legal and regulatory risks and provide practical recommendations balancing compliance requirements with business objectives.
• Support regulatory examinations, audits, complaints, remediation efforts, and other consumer lending matters as needed.
• Maintain timely, proactive communication with stakeholders and respond promptly to questions, requests, and time-sensitive business needs.
• Collaborate effectively with internal stakeholders and outside counsel on complex or specialized consumer finance issues.

Requirements

• J.D. from an accredited law school and active membership in good standing with at least one U.S. state bar.
• At least 5 years of experience advising on consumer lending and consumer financial services, preferably within a bank, credit union, fintech, other financial institution, or a law firm with a strong consumer finance practice.
• Strong knowledge of federal and state laws and regulations governing consumer lending.
• Experience advising on development, documentation, compliance, and/or servicing of consumer lending products.
• Highly responsive and dependable, with demonstrated ability to manage time-sensitive requests and keep stakeholders informed.
• Excellent written and verbal communication skills, including the ability to explain complex legal and regulatory issues in clear, practical terms to non-lawyers.
• Strong drafting and analytical skills.
• Ability to quickly assess legal and regulatory issues and provide practical, business-oriented guidance.
• Comfortable operating independently in a fast-paced environment while maintaining strong communication and collaboration with business, compliance, risk, and senior leadership teams.

Compensation & Benefits

• Pay: Annualized pay for this position ranges from $175,000 to $225,000 when calculated on a full-time basis.
• Contract engagement pay is based on multiple factors including work experience, qualifications, credentials, location, market supply/demand, and the candidate’s preference (each candidate’s pay rate affects the client bill rate).
• Professional liability insurance: Complimentary professional liability insurance coverage is provided.
• Employment status / benefits: Contract professionals are usually W2 employees and are eligible for full benefits when working in roles for 20 hours per week.
• Group Life, LTD, and AD&D: Complimentary for benefits-eligible contract professionals.
• 401(k): A qualified 401k plan is available.
• CLE and Professional Expense stipend: Provided for benefits-eligible attorneys.

Location

• Remote from anywhere.
• Engagements may have the potential to convert to a permanent position.
• Candidates seeking permanent conversion must be located in or willing to relocate to Portland, Oregon.

Confidentiality

The employer will not disclose your identity or propose you to prospective clients without your prior consent. Candidates selected for further consideration will be contacted.

Equal Opportunity

The employer is an Equal Opportunity Employer.