Product and Regulatory Legal Director

Dave

3d•$245,000 - $282,000•Remote

About The Position

Dave is seeking an experienced product and regulatory attorney to help shape the next generation of financial products for its members. The Director, Product & Regulatory Legal will advise teams across Product, Engineering, Risk, Compliance, and Operations, helping shape product strategy, guide regulatory decisions, and build practical legal frameworks that support innovation and responsible growth. This is a senior individual contributor role with meaningful autonomy and visibility. The position influences decisions across Dave’s banking, lending, payments, and subscription products, balancing legal risk, business objectives, and member experience. The role also supports strategic partnerships, owns complex legal matters, monitors regulatory developments, and improves Legal processes through scalable practices and thoughtful use of technology, AI, and outside counsel. The position is virtual-first and may be performed anywhere in the United States except Hawaii. The Director reports to the Senior Director, Assistant General Counsel.

Requirements

J.D. from an accredited law school.
Active membership in good standing with a state bar.
7–10 years of relevant legal experience in consumer financial services, fintech, banking, or a related regulatory practice.
Deep expertise in consumer banking and payments regulations, including Regulation E, NACHA rules, card network requirements, BSA/AML, and state money transmission laws.
Strong working knowledge of applicable federal consumer financial regulations, including FCRA/FACTA, SCRA/MLA, FDCPA, FDIC insurance requirements, and GLBA/Regulation P.
Experience advising on state licensing requirements, regulatory change management, and banking or lending operations.
Demonstrated ability to independently evaluate complex legal issues, negotiate commercial agreements, and provide actionable, business-oriented counsel.
Sound judgment, intellectual curiosity, and a practical approach to complex problems.
Ability to connect legal considerations to product strategy, operational realities, and member impact.
Ability to build trust across functions, communicate complex issues clearly, welcome different perspectives, and take ownership of outcomes.

Nice To Haves

Experience advising a neobank, banking-as-a-service platform, or consumer-facing fintech.
Familiarity with digital assets, emerging payment technologies, or financial services regulatory advocacy.
Experience improving legal workflows through automation or AI.

Responsibilities

Partner with cross-functional teams to advise on new product launches, payment capabilities, banking services, and enhancements to existing products.
Provide strategic counsel on consumer financial regulations, state licensing, payments, bank partnerships, and emerging regulatory requirements.
Draft, review, and negotiate complex commercial agreements with financial institutions, payment processors, fintech partners, and technology providers.
Serve as a subject matter expert on BaaS, NACHA rules, payment networks, BSA/AML, fraud, privacy, and consumer servicing matters.
Monitor regulatory developments, evaluate emerging financial technologies, and translate evolving requirements into practical business recommendations.
Build scalable processes, strengthen regulatory monitoring, and use technology, AI, and outside counsel thoughtfully to improve Legal’s efficiency and impact.
Independently evaluate complex legal issues and provide actionable, business-oriented counsel.
Help teams make informed decisions that protect members, strengthen partnerships, and support sustainable growth.