Product & Regulatory Counsel

NovoNew York, NY

About The Position

We are looking for a Product & Regulatory Counsel to join our Legal team and help shape the future of business banking. This role will work closely with senior leadership, bank partners, and cross-functional teams to support Novo’s legal, regulatory, and product initiatives. You will play a key role in navigating complex regulatory environments, advising on product development, and ensuring Novo operates in compliance with applicable financial laws and partner requirements.

Requirements

  • 5–8 years of legal experience, preferably within fintech, banking, or financial services
  • Strong knowledge of U.S. banking regulations, including customer protection and payments-related frameworks
  • Experience working with or advising on bank partnership models or sponsor bank relationships
  • Proven ability to manage external counsel and complex legal matters
  • Excellent communication skills with the ability to translate complex legal concepts into clear, actionable guidance
  • Strong problem-solving skills and ability to operate effectively in a fast-paced, evolving environment
  • Entrepreneurial mindset with the ability to navigate ambiguity and support a growing startup

Nice To Haves

  • Experience working in a fintech or startup environment
  • Background in product counseling within regulated industries
  • Exposure to payments, lending, or embedded finance products
  • Combination of law firm and in-house experience

Responsibilities

  • Partner with product, compliance, and business teams to provide practical legal guidance on product development and regulatory requirements
  • Serve as a key legal point of contact for bank partner relationships, supporting ongoing regulatory and contractual matters
  • Interpret and advise on U.S. banking regulations, including customer protection frameworks such as UDAAP
  • Support the management of litigation matters, including coordination with external counsel
  • Draft, review, and negotiate a range of commercial agreements and partner contracts
  • Provide clear, business-oriented legal advice to senior management and cross-functional stakeholders
  • Support internal teams on regulatory change management and implementation
  • Assist with employment and HR-related legal matters as needed

Benefits

  • Novo is a rapidly growing series B fintech startup with a mission-driven team that’s passionate about helping every small business in America
  • Positive, inclusive, supportive culture cheering you on your journey
  • We work with very new technologies and architecture patterns
  • We provide learning and development budgets to help you grow and bond with your team
  • Offices in NYC, Miami, India, and Colombia
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