Head Of Legal And Compliance

Summary

Join Clair's growing Legal & Compliance team as the Head of Legal and Compliance! Lead the regulatory compliance strategy, advise on consumer financial technologies and services, and collaborate with various departments. You will build and manage the Legal & Compliance team, draft agreements, and guide the business through the regulatory landscape. This hybrid role in NYC requires at least three days a week in the office. The annual base salary is $253,800, plus equity, benefits, and perks.

Requirements

• 6-8 + years of combined experience at a top-tier law firm and/or in-house legal department, with a focus on regulatory compliance, federal preemption issues, fintech counseling, consumer protection and data privacy matters
• Experience providing product counseling for technology companies, digital lending, wallets or payments systems, alternative payments, BNPL, or other similar consumer financial services
• Understanding of federal and state laws related to consumer privacy and data use
• Deep understanding of the regulatory landscape for consumer credit products and services; including TILA/Reg. Z, UDAAP, ECOA/Reg. B, FCRA/Reg. V, EFTA/Reg. E, payday lending, short-term lending, and similarly applicable state laws
• Experience working with US financial services regulators (state or federal)
• Persistence, drive, and a goal-focused mindset as you own projects from initiation to completion
• Strong attention to detail and ability to effectively prioritize tasks within a fast-paced environment
• JD from a top law school and member in good standing of a US state bar

Responsibilities

• Provide comprehensive first-line legal support for initiatives related to Clair’s consumer credit products and services, advising on legal and regulatory issues relating to consumer finance, data privacy, payments, and other relevant areas
• Work cross-functionally to coordinate legal advice and drive optimal outcomes for the business
• Serve as a legal thought partner to product, design, marketing, engineering and data teams, ensuring that consumer protection, licensing requirements, and privacy considerations are integrated into new initiatives from the outset
• Build out Legal & Compliance team to support all commercial and regulatory compliance needs, driving hiring, onboarding and day-to-day management of the existing and future team members
• Draft and negotiate agreements and terms to support strategic partnerships with fintech partners and third-party providers
• Guide the business by navigating the regulatory landscape for Clair’s consumer credit products. Provide legal advice on product design and strategy and proactively identify risks and recommend mitigation strategies
• Be an advisor to the company and a critical part of the growth of the company. As we grow and succeed, you will help scale the development of our legal department and the entire company

Benefits

• Medical, Dental, & Vision Coverage, with option to extend to your family
• Fully-paid parental leave
• Company-sponsored 401k, HSA, and FSA
• Unlimited vacation for salaried roles, generous PTO for hourly roles
• Work from home setup allowance
• Access to your earnings every day on Clair
• Company-sponsored short-term and long-term disability insurance