Regulatory Counsel

LendingClub • Lehi, UT

212d • $135,000 - $180,000

About The Position

LendingClub’s Legal Department is seeking a talented and team-oriented attorney to join our team. This role requires high-quality legal analysis and exceptional judgment. You must have strong oral and written communication skills, excellent interpersonal and influencing skills, an ability to anticipate and deliver legal support to satisfy the needs of dynamic business teams, and the flexibility to manage a variety of assignments at a time.

Requirements

• 3+ years of experience, J.D. degree, and a state bar membership in good standing.
• Combined law firm, government and/or in-house legal department experience in a bank or financial technology company.
• At least 2 years of experience in consumer finance law and regulations.
• Demonstrated experience advising on laws and regulations such as TISA/Regulation DD, Funds Availability/Regulation CC, TILA/Regulation Z, ECOA/Regulation B, FCRA/Regulation V, EFTA/Regulation E, ESIGN, FDCPA/Reg F, GLBA/Regulation P, UDAAP, and/or state law analogues.
• Ability to adapt well to a rapidly changing business environment and thrive on innovation and change.
• Comfort in a legal support role that extends beyond delivery of advice to hands-on execution.
• Proven ability to manage multiple transactions or tasks and advise on novel issues.
• Ability to develop collaborative relationships with internal partners and external customers.
• High level of integrity and ability to have candid conversations with business leaders.
• Ability to adapt style to differing audiences and advise others on difficult matters.

Responsibilities

• Deliver strategic and tactical legal support primarily for LendingClub Bank’s consumer deposit and lending products.
• Assist in monitoring and analyzing federal, state, and local regulatory developments concerning consumer banking products and operations.
• Engage with business partners to ensure understanding of regulatory developments and operational readiness.
• Serve as a trusted advisor and partner to customer-facing teams and operations teams.
• Provide support related to LendingClub’s digital platforms and services, client relationship matters, customer complaints, and non-standard client requests.
• Advise and partner on the development of new products and services, training on consumer finance laws and regulations.
• Review marketing materials and advise on product and customer servicing and collections matters.
• Partner with Compliance and Risk teams to ensure comprehensive risk support for consumer banking products.
• Manage internal and external compliance reviews and examinations, and regulatory exams by government agencies.
• Collaborate with team members to identify issues and improve existing processes and procedures.
• Drive and support other matters in support of LendingClub Bank’s strategic objectives.
• Assist the Legal Department in support of any other assignments that may be requested.
• Assess unusual circumstances and use sophisticated analytical and problem-solving techniques.
• Devise solutions based on limited information and precedent.

Benefits

• Medical, dental and vision plans for employees and their families.
• 401(k) match.
• Health and wellness programs.
• Flexible time off policies for salaried employees.
• Up to 16 weeks paid parental leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 501-1,000 employees