Product Counsel
Date Posted
03 Dec, 2022
Work Location
Salary Offered
$15000 — $190000 yearly
Job Type
About Method
🔮 Method Financial was founded in 2021 after our founders experienced first-hand the difficulties of embedding debt repayment into their app (GradJoy). They decided to build their own embedded banking service that allows developers to easily retrieve and pay any of their users' debts – including credit cards, student loans, car loans, and mortgages – all through a single API.
As a BuiltIn recognized - growing team, we’re focused on providing the opportunity for ambitious and entrepreneurial individuals to have high levels of impact at the forefront of the fintech space. Continuous improvement, collaboration, and a clear mission bring us together in service of delivering the best products for our users. We are a remote-first team, striving to set up the best environment for everyone to be successful.
We raised a $2.5 million round backed by Y Combinator, top investors including Ardent, Live Oak VP, and Leonis Capital. We're also backed by founders and leaders of Truebill, Upstart, and Goldman Sachs.
The Impact
As Product Counsel you will be a foundational member of our legal team, and own primary responsibility for ensuring that product teams are able to ship their products and features with sustainable legal risk in a highly regulated environment. You will support a number of significant cross-company initiatives, including developing our government affairs strategy with respect to open finance. You will also oversee a group of external contractors for compliance and legal initiatives.
What You’ll Do
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You will provide guidance on product related legal matters: Develop and operationalize creative and innovative risk-mitigating solutions for data protection, privacy, KYC and AML issues
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Provide holistic legal support of complex financial arrangements at the intersection of fintech and traditional financial arrangements, including; debt consolidation, payments, balance transfers, and other complex financial data and payment products
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Oversee regulatory compliance
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Provide legal support on corporate matters such as partnership agreements, employment and intellectual property
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Draft and negotiate complex agreements and establish thoughtful standards, such as SLAs, for fintechs and banks based on regulatory requirements and market norms
Who You Are
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You have 5+ years experience as a practicing attorney, including at a fintech specific law firm or in-house experience (applicable product counseling, privacy counseling, regulatory, litigation, and compliance experience)
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You have a J.D. degree and active membership in at least one US state bar
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You have experience counseling and advising clients on risk mitigation strategies across technology product platforms, specifically growth products teams in highly regulated industries such as financial services/fintech
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Demonstrated experience in regulatory compliance governance, oversight, systems and controls
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You are comfortable in a growing, highly collaborative, and fluid start-up environment
Benefits
We believe people do their best work when they are healthy and happy. Our founding team is in Austin, TX, and Washington, DC, but we are a remote-flexible company.
💰 Competitive Salary + Equity
🧑💻 Remote + Flexible Work Schedule (Full COVID-19 vaccination is required to work from our offices)
🏡 $3,000 Home Office Stipend + Hardware
🏖️ Unlimited PTO
🏥 Full Health Care
📚 Learning Stipend
👶 Paid Parental Leave
🏫 Student loan repayment
What makes us Method
At Method, we believe that diversity drives innovation. Our differences are what make us stronger. We‘re passionate about building a workplace that represents a variety of backgrounds, skills, and perspectives and does not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Everyone is welcome here. Come join us!
There's no such thing as a 'perfect' candidate. We encourage you to apply even if you don't 100% match the exact candidate description!
Disclaimer to Staffing/Recruiting Agencies:
Method Financial does not accept unsolicited resumes from recruiters or employment agencies in response to our Career page or a Method Financial social media/job board post. Method Financial will not consider or agree to payment of any referral compensation or recruiter fee relating to these unsolicited resumes. Method Financial explicitly reserves the right to hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Method Financial.