Product and Regulatory Counsel

Regis University

About The Position

Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are also serious about helping our customers during hard financial times. We take pride in providing solutions and offering a helping hand, not only to our customers but also to the communities we serve. As we continue to expand and grow into a national leader in consumer financing, we invite you to consider joining our team. If you're passionate about making a meaningful impact in people's lives and bringing a personal touch to finance, we'd love to have you on board! Job purpose The Product and Regulatory Counsel will report to the Company’s VP, Associate Counsel & Assistant Secretary and will work closely with other attorneys in the Company’s Legal Department as well as key members of the Compliance, Marketing, and Technology Departments. This position will provide legal guidance throughout the entire lifecycle of financial products, from conceptualization to launch and maintenance. The Product and Regulatory Counsel will ensure compliance with financial regulations, manage risk, and collaborate with product, engineering, and marketing teams to facilitate compliant, rapid innovation of the Company’s lending products. The successful candidate will have the following specific qualifications and experience: Familiarity with legal issues arising in consumer lending, bank sponsor programs, technology, and consumer protection.

Requirements

Law degree and admitted to a state bar
Knowledge of the following laws and regulations: Uniform Commercial Code (UCC) Article 2 and Article 9; Unfair, Deceptive or Abusive Acts or Practices (UDAAP) principles; Federal Trade Commission Act; Truth in Lending Act (TILA/Reg. Z); Fair Credit Reporting Act (FCRA/Reg. V); Fair Debt Collection Practices Act (FDCPA); Equal Credit Opportunity Act (ECOA/Reg. B); CAN-SPAM Act; Telephone Consumer Protection Act (TCPA); you
At least 3 to 5 years of experience in the legal field
Experience advising clients with respect to legal issues arising in consumer lending, technology, consumer protection, financial services and operations
Ability to research laws and regulations
Proficient in Microsoft Word, Excel, and PowerPoint
Excellent analytical abilities, attention to detail, professional written and verbal communication, and interpersonal skills required
Ability to prioritize assignments, deal with interruptions, and meet deadlines in a fast-paced and growth oriented environment
Ability to travel 0-5%

Responsibilities

Represent Legal on cross-functional teams to help design and implement financial products, identify creative solutions to unique use cases and escalated issues, and ensure compliance with financial regulations and other applicable laws, partner contracts, card brand rules, and industry best practices.
Review customer-facing materials, including multi-channel advertising, and user experience content, for compliance with federal and state laws and best practices, and provide feedback and guidance to stakeholders.
Advise on state and federal regulatory matters, including the engagement and management of outside legal counsel when necessary.
Continuously monitor and maintain comprehensive knowledge of consumer lending and other applicable laws/regulations for a multi-state consumer finance company with numerous locations and a digital platform.
Preparation of legal documents including loan contracts and related documentation, software service agreements, non-disclosure agreements, and other commercial and related agreements.
Work cooperatively and strategically with other departments to advise on matters consistent with applicable laws and regulations, including closely assisting with state and digital expansion efforts.