Lending Regulatory Counsel

Overview

A US Regulatory Team within a financial services organization is seeking a Regulatory Counsel with expertise in state and federal lending laws and bank partnership issues. This role involves advising on consumer and commercial lending regulations, ensuring compliance, and supporting the development and scaling of innovative consumer financial products.

Responsibilities

• Provide legal and regulatory advice on lending regulations including Regulation Z, Regulation B, Fair Lending, and state lending licensing requirements.
• Serve as a subject matter expert on consumer and commercial lending regulation, bank partnership arrangements, model risk management, and related financial services activities.
• Lead resolution of complex, cross-functional regulatory and bank partnership issues, exercising independent judgment on risk evaluation and escalation.
• Act as a trusted advisor to senior business, product, compliance, and bank partner stakeholders by translating legal and regulatory risks into clear, actionable guidance.
• Analyze and summarize the impact of new and evolving rules and regulations, proactively identifying implications for the business.
• Provide legal support and strategic input on emerging and novel consumer financial products, influencing product development from concept through launch.

Requirements

• Minimum of 8 years of experience at a law firm (with lending advisory experience), financial services regulatory agency, bank partnership role, or in-house legal team.
• Substantive experience with lending and bank partnership issues and relationships.
• Proven ability to independently lead and resolve complex legal and regulatory matters.
• Experience engaging directly with senior stakeholders across legal, compliance, product, and business teams.
• JD degree and active membership in good standing with the Bar of the resident state and/or the California Bar or New York Bar.
• High degree of comfort and fluency with technology and understanding of its application to business and regulatory challenges.

Preferred Qualifications

• Experience with emerging or novel consumer financial products.
• Fair lending experience.
• Background in FinTech, lending, and bank partnership relationships.
• Experience working at a technology company or within the fintech sector.

Compensation & Benefits

• Compensation is market-based and varies by location, categorized into four zones based on cost of labor indices:
  • Zone A: $217,800—$326,800 USD
  • Zone B: $202,600—$303,800 USD
  • Zone C: $191,700—$287,500 USD
  • Zone D: $185,200—$277,800 USD
• Starting pay is determined by job-related skills, experience, qualifications, work location, and market conditions.
• Benefits include remote work options, medical insurance, flexible time off, retirement savings plans, and family planning support.

Location

• United States (specific location determines compensation zone).

Additional Information

• Candidates may submit up to 9 active applications within a 60-day period.
• Reapplications to the same role are accepted 90 days after a previous application review.
• The hiring process may utilize automated AI tools for application evaluation in compliance with local regulations.
• The organization is an equal opportunity employer committed to inclusive hiring practices and providing reasonable accommodations during recruitment.
• There is no specific application deadline; roles typically remain open for an average of 55 days before being filled.