Associate General Counsel & Director of Compliance

SoLo Funds•Los Angeles, CA

5d•$120,000 - $220,000•Remote

About The Position

SoLo Funds is seeking an Associate General Counsel & Director of Compliance to guide the company’s growth and lead the development and operation of its compliance program. Reporting to the General Counsel, this hands-on role provides legal advice to business teams and owns day-to-day compliance execution. The role helps teams navigate legal and regulatory requirements, drafts and negotiates agreements, advises on products and member experiences, and translates legal requirements into practical policies, controls, and processes. The position works closely with Product, Engineering, Operations, Finance, Data, Marketing, and external partners to support responsible innovation and identify, assess, and address risk. The attorney will advise on legal issues affecting consumer lending, payments, bank partnerships, and new products; support commercial and consumer agreements; and help manage regulatory matters and other legal needs. The compliance leader will build and maintain the company-wide compliance management system, oversee relevant compliance activities, and report on compliance performance, material risks, and remediation progress. An active California Bar license and/or CRCM certification is preferred but not required; candidates must meet the stated attorney qualifications.

Requirements

J.D. from an accredited law school and active membership in good standing in at least one U.S. state bar, with eligibility to practice in the role’s location, including through applicable in-house counsel registration.
At least five years of relevant legal and compliance experience.
Demonstrated experience building, managing, or materially improving an operational compliance program.
Strong knowledge of consumer financial protection requirements, including TILA/Regulation Z, EFTA/Regulation E, UDAAP, ECOA/Regulation B, FCRA, and applicable state lending and servicing requirements.
Familiarity with BSA/AML, KYC, OFAC sanctions, GLBA/Regulation P, state privacy laws, electronic contracting, and ACH and card payment requirements.
Experience drafting and negotiating contracts and preparing consumer agreements and disclosures.
Experience working with regulators, bank partners, auditors, or other external oversight stakeholders.
Ability to explain complex requirements clearly and recommend practical approaches that account for legal risk, business objectives, and member experience.
Strong writing, judgment, project management, and relationship-building skills.
Willingness to work directly on implementation, follow through on remediation, and manage competing priorities in a growing company.

Nice To Haves

Knowledge of corporate laws, transactions, and governance.
Legal or compliance experience at a fintech company or other regulated financial services business.
Experience with community lending, small-dollar lending, bank partnership programs, or digital financial products.
Experience with state licensing, regulatory examinations, or enforcement matters.
Corporate law experience, including corporate governance, financing, commercial transactions, and general corporate matters.
Active California Bar license.
Relevant compliance certification, such as CRCM or CAMS.

Responsibilities

Advise the General Counsel and business teams on legal and regulatory issues affecting consumer lending, payments, bank partnerships, and new products.
Draft, review, and negotiate commercial agreements, including vendor, technology, service provider, and strategic partnership agreements.
Prepare and update member-facing agreements, payment authorizations, disclosures, terms of service, and privacy notices.
Partner with Product and Engineering during product development to identify legal requirements and incorporate them into product design and implementation.
Review marketing materials, product claims, and member communications for legal and regulatory compliance.
Support the General Counsel on regulatory inquiries, examinations, investigations, disputes, and litigation, including coordination with outside counsel.
Assist with corporate governance, financing and transaction diligence, and other legal matters as needed.
Design, implement, maintain, and improve the company-wide compliance management system, including policies, procedures, risk assessments, monitoring, training, issue management, and reporting.
Oversee compliance activities related to consumer protection, lending, payments, privacy, AML/KYC, sanctions, and fraud prevention, in coordination with relevant teams and partners.
Translate applicable requirements into clear operational procedures, controls, and accountable business practices.
Manage compliance monitoring and testing, track findings, and work with business owners to complete and validate remediation.
Oversee consumer complaint compliance, including escalation, trend analysis, root-cause identification, and corrective action.
Support applicable licensing activities, regulatory filings, renewals, and ongoing reporting obligations.
Lead compliance due diligence and ongoing oversight of vendors and service providers, and coordinate compliance requirements with bank and payment partners.
Coordinate regulatory examinations, partner reviews, and compliance-related audits; prepare responses and track resulting commitments.
Monitor legal and regulatory developments and guide implementation of necessary changes.
Develop and deliver employee compliance training.
Prepare reporting for the General Counsel, management committees, and Board of Directors on compliance performance, material risks, and remediation progress.
Maintain organized compliance records and support partner and investor diligence.