FinTech Counsel

This is a fully remote position, open to applicants in Kansas.

📋 Description

• Act as the chief legal advisor for RealPage’s payment processing, money transmission, and consumer lending functions.

• Implement product development and compliance initiatives across RealPage Payments (ClientDirect), ResidentDirect, ClickPay, and Livble.

• Evaluate and provide guidance on the design and introduction of new and modified financial products and features.

• Collaborate with product, engineering, and business teams from concept through market launch to identify and mitigate legal and regulatory risks.

• Offer advice on payment network regulations, card brand standards, ACH operating rules, and both state and federal payment laws.

• Assist in creating consumer-facing disclosures, agreements, terms of service, and product documentation.

• Assess product modifications for licensing, regulatory filing, and change notification obligations.

• Conduct legal and regulatory due diligence for mergers and acquisitions and strategic planning initiatives.

• Counsel on compliance program necessities for money services businesses, payment processors, and consumer lenders, including BSA/AML, OFAC, and state money transmission regulations.

• Formulate, review, and maintain policies, procedures, and controls to ensure regulatory compliance.

• Keep track of emerging laws, regulations, agency guidance, and enforcement actions, communicating their implications to leadership and business units.

• Provide legal insights on consumer lending practices and consumer protection regulations.

• Review marketing materials, disclosures, and communications aimed at consumers.

• Assist with complaint management, consumer compliance risk evaluations, and self-assessments.

• Negotiate and draft agreements with banking partners, payment networks, processors, program managers, and financial services vendors.

• Advise on structures for bank-fintech partnerships, BaaS arrangements, agent relationships, and program management contracts.

• Facilitate banking and service provider relationship management along with third-party risk management.

• Coordinate and assist with regulatory examinations, supervisory inquiries, and information requests from federal and state financial regulators.

• Prepare examination responses, management presentations, and necessary documentation.

• Monitor examination findings and assist in developing corrective actions and remediation strategies.

• Aid in the maintenance of state money transmission licenses and other regulatory authorizations.

• Provide counsel on data rights, data sharing, data monetization, financial privacy, open banking, and consumer data rights.

• Review data processing contracts, data usage policies, and data sharing agreements.

• Collaborate with privacy and information security teams on data governance matters.

⛳️ Requirements

• Juris Doctor (J.D.) from an ABA-accredited law school and active bar membership in good standing.

• At least five (5) years of legal experience, with a significant emphasis on financial services, payments, money transmission, or consumer financial products, in either a law firm or an in-house legal setting.

• Proven experience advising on payment processing, money services business operations, and/or consumer lending programs.

• Working knowledge of federal consumer financial laws and regulations, including BSA/AML, Regulation E, Regulation Z, TILA, ECOA, FCRA, UDAAP, and GLBA.

• Experience in reviewing and negotiating financial services contracts, including bank partnership agreements, payment processing contracts, and vendor agreements.

• Experience in supporting regulatory examinations or supervisory inquiries by state or federal financial regulators.

• Familiarity with state money transmission licensing requirements and NMLS.

• Proficient in MS Office and collaboration tools, including Teams and SharePoint.

• Strong analytical and legal research abilities.

• Capability to manage multiple priorities and competing deadlines in a fast-paced, high-growth setting.

• Excellent written and verbal communication skills.

• High level of professionalism, integrity, and discretion in handling confidential and sensitive information.

• Strong interpersonal skills and ability to collaborate across functions.

• Capacity to work independently with minimal supervision.

• Commitment to staying informed on legal and regulatory changes.

• Strong organizational skills and meticulous attention to detail.

🏝️ Benefits

• Health, dental, and vision insurance.

• Retirement savings plan with company match.

• Paid time off and holidays.

• Professional development opportunities.

• Performance-based bonus according to position.

• Additional rewards, including an annual bonus and sales incentives, based on the applicable plan, role, and individual performance.