Assistant General Counsel, Regulatory

LendingClub•San Francisco, CA

2d•Hybrid

About The Position

This role requires high-quality legal analysis and exceptional judgment. You must have strong oral and written communication skills, excellent interpersonal and influencing skills, an ability to anticipate and deliver legal support to satisfy the needs of a dynamic business team, and the flexibility to manage a variety of assignments at a time. You will deliver strategic and tactical legal support for all aspects of our activities in the consumer finance industry and across all stages of our members’ experiences. You will serve as a trusted advisor and partner to business teams, including advising and partnering on the development of new products and services, training and advising on consumer finance and other laws and regulations applicable to our business, third party management activities, marketing materials, and drafting and negotiating partnership and other business agreements. You will assist in monitoring and analyzing federal, state, and local regulatory developments concerning lending, servicing, and other activities that may impact our marketplace and engage with our business partners to ensure understanding of the same and operational readiness. You will partner with our Compliance and Risk teams to ensure comprehensive risk support, including assisting in the investigation of and response to consumer complaints and the management of internal and external compliance reviews and examinations, including regulatory exams by government agencies. You will collaborate with team members to identify issues and improve existing processes and procedures to ensure consistent interpretation and application of legal requirements across Happen Bank’s marketplace. You will drive and support other matters in support of Happen Bank’s strategic objectives. You will assist the Legal Department in support of any other assignments that may be assigned to you. You may oversee other legal team members and support them in accomplishing some or all of the above responsibilities and objectives.

Requirements

J.D. from an accredited law school and licensed, in good standing, in one or more states to practice law (not necessary to be licensed in the states where Happen Bank has offices)
At least 10 years of combined law firm, government and/or in-house legal department experience
At least 8 years of experience in consumer finance law and regulations
Demonstrated experience advising on some or all of the following laws and regulations: TILA/Regulation Z; ECOA/Regulation B; FCRA/Regulation V; BSA/AML; EFTA/Regulation E; TCPA, TSR, CAN-SPAM, and/or state law analogues; FDCPA and/or state law analogues; UDAAP; and GLBA/Regulation P
Adapt well to a rapidly changing business environment and thrive on innovation and change
Comfortable in a legal support role that extends beyond delivery of advice to getting involved in the hands-on execution and implementation of legal advice with business partners
Ability to manage multiple transactions or tasks, take on new responsibilities, and advise on novel issues
Proven ability to develop collaborative relationships with internal partners and external customers, with comfort interacting with and influencing colleagues across departments and job levels
High level of integrity and ability to have candid conversations with business leaders in support of your position if needed
Understand how to apply AI to complex, high-stakes work — not just for efficiency, but to unlock better outcomes
Set a high bar for responsible use, including attention to data integrity, model limitations, and compliance considerations
Building new workflows, not just using existing ones

Nice To Haves

At least part of the 5 years in-house at a bank, credit union or consumer lending fintech

Responsibilities

Deliver strategic and tactical legal support for all aspects of our activities in the consumer finance industry and across all stages of our members’ experiences.
Serve as a trusted advisor and partner to business teams, including advising and partnering on the development of new products and services, training and advising on consumer finance and other laws and regulations applicable to our business, third party management activities, marketing materials, and drafting and negotiating partnership and other business agreements.
Assist in monitoring and analyzing federal, state, and local regulatory developments concerning lending, servicing, and other activities that may impact our marketplace and engage with our business partners to ensure understanding of the same and operational readiness.
Partner with our Compliance and Risk teams to ensure comprehensive risk support, including assisting in the investigation of and response to consumer complaints and the management of internal and external compliance reviews and examinations, including regulatory exams by government agencies.
Collaborate with team members to identify issues and improve existing processes and procedures to ensure consistent interpretation and application of legal requirements across Happen Bank’s marketplace.
Drive and support other matters in support of Happen Bank’s strategic objectives.
Assist the Legal Department in support of any other assignments that may be assigned to you.
Oversee other legal team members and support them in accomplishing some or all of the above responsibilities and objectives.