Senior Director, Assistant General Counsel, Product & Regulatory

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

📋 Description

• Direct the legal strategy for Dave’s banking, lending, payments, neobanking, and subscription offerings from initial concept to launch and continuous operations.

• Collaborate with teams in Product, Design, Marketing, Engineering, Security, Risk, and Compliance.

• Provide guidance on product structure, onboarding processes, disclosures, pricing strategies, servicing, and terms.

• Establish and manage a proactive regulatory monitoring and change-management initiative that addresses federal and state developments.

• Maintain senior legal relationships with sponsor banks, program partners, payment processors, and external legal counsel.

• Supervise BaaS arrangements, audits, program modifications, and adherence to card-network standards.

• Spearhead Dave’s state licensing strategy, including compliance with NMLS-related requirements.

• Deliver legal leadership during regulatory examinations, reviews by banking partners, and audits.

• Manage, mentor, and develop senior legal professionals.

• Define expectations for quality, judgment, ownership, and professional development.

• Prepare for future capability and succession planning.

• Act as a senior advisor to Product, Risk, Compliance, executive leadership, and potentially the Board.

⛳️ Requirements

• Juris Doctor degree from a recognized law school.

• Current bar membership in good standing.

• Over 12 years of legal and regulatory experience in consumer financial services and/or fintech, with substantial experience in product and regulatory advisory roles.

• Extensive experience in banking, lending, payments, digital financial products, and BaaS partnership models.

• Comprehensive knowledge of consumer financial services laws and regulations, including TILA, TISA, EFTA, FCRA, GLBA, UDAAP, ROSCA, and relevant state consumer protection and licensing mandates.

• Proven track record in managing state licensing obligations and developing or maintaining inventories of state regulatory requirements.

• Experience in supporting state and federal regulatory examinations, audits, and regulatory change efforts.

• Demonstrated leadership experience, including the development of senior attorneys or equivalent legal professionals and the formation of strong, accountable teams.

• Excellent executive-level communication skills, capable of clarifying complex legal and regulatory issues for senior leaders and, when necessary, the Board.

• Background in fintech, digital banking, payments, or financial services technology.

• Experience in both law firm and senior in-house positions.

• Proven ability to build or scale an in-house legal function.

• Recognized expertise in consumer fintech product or regulatory issues.

• Must be permanently authorized to work in the United States without the need for visa sponsorship.

🏝️ Benefits

• Provides equity options.

• Includes a bonus structure.

• Opportunity to engage with challenging problems, learn and grow alongside exceptional talent, and assist millions in achieving their personal financial objectives.

• Flexible hours and a virtual-first work environment with a home office stipend.

• Comprehensive Medical, Dental, and Vision Insurance plans.

• Generous paid parental and caregiver leave policies.

• 401(k) savings plan with matching contributions.

• Access to financial advisory services and financial wellness support.

• Flexible PTO and generous company holidays, including Juneteenth and Winter Break.

• Company-wide in-person events once or twice annually and virtual gatherings throughout the year to connect with team members and leadership.