General Counsel

Method Financial · Washington DC

Company

Method Financial

Location

Washington DC

Type

Full Time

Job Description

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 Top 10 Fintech Startup , 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-flexible team, striving to set up the best environment for everyone to be successful and we are excited to continue to grow.
We recently closed a $16 million Series A funding round led by Andreessen Horowitz, with participation from Truist Ventures, Y Combinator (Method's a Y Combinator graduate), Abstract Ventures, SV Angel and others. We're also backed by founders and leaders of Truebill, Upstart, and Goldman Sachs.
The Impact
As General 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
  • Oversee the legal matters of the business as a whole, including acting as the business' legal representative. You will provide legal counsel on a broad range of legal issues, such as intellectual property and privacy law and you will help business stakeholders across the company navigate legal matters.
  • 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
  • Proactive engagement with regulators and policymakers, understanding of regulations and policies that impact the firm, including personal financial data rights, fair credit reporting act and providing internal and external thought leadership
  • 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
  • Oversee regulatory compliance
    • Covers areas like BSA/AML/OFAC, privacy, vendor management, consumer protection, complaints, and other applicable regs
    • Project manage internal and external resources to draft new policies, procedures, risk assessment and execute remediation plans for audit findings and recommendations
  • Provide legal support on corporate matters such as partnership agreements, employment and intellectual property

Who You Are
  • You have 7+ 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)
  • You have a J.D. degree and active membership in at least one US state bar
  • 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
  • Demonstrated experience in regulatory compliance governance, oversight, systems and controls
  • 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)
Unlimited PTO
Full Health Care
Learning Stipend
Paid Parental Leave
Student loan repayment

What makes us Method

Being a minority-owned business, we firmly 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. We engage a thoughtful, strategic recruiting practice to add to our uniqueness and success. 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.
Apply Now

Date Posted

03/05/2023

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