Product Counsel, Credit

Overview

This role involves providing legal guidance on product and feature development within a financial technology environment. Reporting to the Head of Product Counsel (Commerce and Credit), the Product Counsel will partner with product teams to develop new offerings while managing legal risk and ensuring regulatory compliance. The position requires experience with lending products and the ability to communicate complex legal topics clearly to non-lawyers.

Responsibilities

• Provide legal guidance to product and engineering teams throughout the product development lifecycle
• Develop trusted relationships with business partners and stay informed on key product developments
• Draft and negotiate commercial agreements related to products and services
• Draft terms of use, product policies, and product disclosures
• Collaborate with tax, compliance, accounting, and outside counsel teams to support business partners
• Generate creative ideas on how legal frameworks can support new product developments and customer experiences

Requirements

• 8+ years of relevant legal experience in law firms, governmental agencies, or in-house legal departments
• Experience advising on consumer lending products, including knowledge of consumer lending protection laws (Regulation Z), bank partnerships, and state licensing regulations
• Familiarity with launching products and advising on legal and regulatory aspects of product development in the technology sector
• Excellent commercial negotiation and drafting skills
• Ability to translate legal advice into actionable guidance for product teams
• Adaptability to work in an evolving and growing environment
• Sound practical business judgment and creativity in problem-solving
• Juris Doctor (JD) degree and active membership in at least one state bar

Compensation & Benefits

• Salary ranges based on geographic location (cost of labor index zones):
  • Zone A: $276,800—$415,200 USD
  • Zone B: $276,800—$415,200 USD
  • Zone C: $276,800—$415,200 USD
  • Zone D: $276,800—$415,200 USD
• 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

• Positions are remote with salary zones based on geographic location within the United States

Additional Information

• Equal opportunity employer evaluating all employees and applicants without regard to legally protected classes
• Commitment to inclusive interview experience and reasonable accommodations for disabled applicants
• Candidates may submit up to 9 active applications within a 60-day period; reapplications to the same role accepted after 90 days
• Use of automated AI tools in the hiring process compliant with local regulations and privacy laws