Product Counsel

ClarityPay•New York, NY

1d•$180,000 - $220,000•Hybrid

About The Position

ClarityPay is seeking a Product Counsel, a key foundational hire for its legal and compliance team. This role offers significant opportunities for professional growth within a rapidly expanding fintech company. The position is broad-based, with a primary focus on regulatory and operational matters, complemented by support for commercial contracting. It is an ideal opportunity for a seasoned financial services regulatory attorney aiming to transition into an in-house generalist role, or for a fintech generalist looking to specialize in the lending sector.

Requirements

JD from a top-tier law school.
License to practice law in good standing in primary state of residence.
7+ years of total legal experience.
At least 2 years of law firm experience.
Deep experience advising clients on consumer financial services matters.
Contract drafting and negotiation experience.
Strong legal research skills.
Strong written and verbal communication skills.
Ability to learn and leverage new technology quickly and effectively, including hands-on experience leveraging modern AI tools for legal work.

Nice To Haves

Prior experience in fintech lending.
Broad legal experience covering regulatory, transactional, and dispute resolution matters.
Prior experience performing in-depth legal risk assessments on consumer financial services regulations.
Experience supporting the compliance function of a consumer lender or lending platform.
Experience working with regulators to quickly and effectively resolve inquiries, complaints, or information requests.

Responsibilities

Serve as an in-house subject matter expert on consumer and small business lending regulations, monitoring changes and directives impacting the company and its partners.
Lead the establishment of regulatory requirements for new product development and implementation.
Provide accurate and pragmatic regulatory advice and in-depth legal risk assessments for the development and launch of new financial products.
Support compliance and customer service teams in resolving customer and regulator inquiries and complaints.
Assist compliance, business development, customer service, and other internal stakeholders with legal and regulatory questions.
Provide legal support for ClarityPay’s Compliance and Operational Risk Program.
Support commercial contracting efforts with merchants and vendors.
Collaborate on the development and improvement of internal policies, procedures, and processes.
Project-manage key legal and compliance initiatives.
Support or own other legal projects as directed by the Chief Legal & Compliance Officer.