Product Counsel, Payments and Lending at Figure Technologies

  • null
  • USA
  • null
  • USA

Website Figure Technologies

Product Counsel, Payments and Lending

Remote

About Figure
Figure is a financial technology company leveraging blockchain, AI, and analytics to deliver innovative home equity release solutions and other products that help improve the financial lives of our customers. We are building a blockchain protocol to fundamentally transform how financial products are originated and transacted.
Join a culture and environment that encourages you to do your best work – a place to be inspired, to be appreciated, to push the envelope, and work as a team on challenges that matter most to our customers. Surround yourself with the spirit of innovation, challenge the status quo, and work with a talented team that holds one another capable to reach team goals.
This is an amazing opportunity to be part of a startup focused on solving real problems with blockchain. You will be part of a team with proven leaders who have created billions of dollars in value in the Fintech space. Join us!
About the Role
As Product Counsel, you will collaborate with business partners across the organization to provide legal advice for the buildout of Figure’s payment and lending products. You will serve as our payments and lending expert. As an integral part of our Legal Team, you will work on some of the most exciting legal and business issues in fintech today. Our payments product is uniquely positioned to be part of a solution for the underbanked and unbanked, allowing you to be a part of developing a product that will effect real change. Our Legal team plays a central role in Figure’s hyper growth and the realization of our mission of leveraging blockchain to transform financial services.
What you’ll do:

Providing legal advice on federal and state lending and payments and/or banking laws, card processing activity, rules, and regulations to the Product team.
Draft, negotiate, and review commercial agreements with various financial institutions and partners.
Advise on marketing strategies related to our payments and lending products.
Contribute meaningfully to the develop of our new payments product, bringing new ideas and legal expertise to the process.
Draft terms of use, product policies, customer-facing agreements, and disclosures, and work with our compliance teams to implement related processes
Develop strong, collaborative relationships with the business

What we look for:

A J.D. degree and a state bar member in good standing
5+ years of a combined law firm, government, and/or in-house experience
Expertise in the area of payments, including card processing, network rules, ACH, and ledgers. Extensive knowledge of financial services, payments, and lending compliance requirements and regulations, including anti-money laundering and Bank Secrecy Act, Gramm-Leach, Regulations E and Z, sanctions regulations, and know-your-customer requirements
Understanding of laws and legal structures related to banks, bank partners, and/or the participants in various payments systems, including processors and program managers
Experience with and interest in mobile and alternative payments, emerging payments technology, and the payments industry.
Experience drafting, reviewing, and negotiating agreements
Strong business judgment, intellectual curiosity, and problem-solving skills
Proven ability to develop strong working relationships with a variety of stakeholders across different business lines.
Product counseling experience and ability to provide timely, concise, and business-focused legal advice on federal and state consumer financial laws
Self-starter who will take ownership of projects
Excellent written, oral, and interpersonal communication skills
Ability to organize, prioritize, and manage projects effectively

Benefits To You

Competitive salary based on experience and skills
Firm-wide performance-based bonus
Competitive stock options package as an early member of the team
A flexible paid time off and vacation policy
Comprehensive health, vision, dental insurance
Company FSA, 401k, commuter benefits
And much more to come!

To apply for this job please visit boards.greenhouse.io.

To apply for this job please visit boards.greenhouse.io.

Contact us

Figure Technologies

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