Are you who we’re looking for?

We are seeking an experienced Head of Legal and Compliance with a background in consumer finance, regulatory compliance, privacy, and data use to join and lead our growing Legal & Compliance team. As the Head of Legal and Compliance, you will advise and collaborate with our product, engineering, business, and marketing departments to build Clair’s consumer financial technologies and services. You will also sit on the executive team, leading the regulatory compliance strategy we consider to be our moat and also work closely with Clair’s Payroll and Workforce Management partners to advise on risk and product strategy.

What will you do at Clair?

• Provide comprehensive first-line legal support for initiatives related to Clair’s consumer credit products and services, advising on legal and regulatory issues relating to consumer finance, data privacy, payments, and other relevant areas.
• Work cross-functionally to coordinate legal advice and drive optimal outcomes for the business.
• Serve as a legal thought partner to product, design, marketing, engineering and data teams, ensuring that consumer protection, licensing requirements, and privacy considerations are integrated into new initiatives from the outset.
• Build out Legal & Compliance team to support all commercial and regulatory compliance needs, driving hiring, onboarding and day-to-day management of the existing and future team members
• Draft and negotiate agreements and terms to support strategic partnerships with fintech partners and third-party providers.
• Guide the business by navigating the regulatory landscape for Clair’s consumer credit products. Provide legal advice on product design and strategy and proactively identify risks and recommend mitigation strategies.
• Be an advisor to the company and a critical part of the growth of the company. As we grow and succeed, you will help scale the development of our legal department and the entire company.

Qualifications

• 6-8 + years of combined experience at a top-tier law firm and/or in-house legal department, with a focus on regulatory compliance, federal preemption issues, fintech counseling, consumer protection and data privacy matters;
• Experience providing product counseling for technology companies, digital lending, wallets or payments systems, alternative payments, BNPL, or other similar consumer financial services;
• Understanding of federal and state laws related to consumer privacy and data use;
• Deep understanding of the regulatory landscape for consumer credit products and services; including TILA/Reg. Z, UDAAP, ECOA/Reg. B, FCRA/Reg. V, EFTA/Reg. E, payday lending, short-term lending, and similarly applicable state laws;
• Experience working with US financial services regulators (state or federal);
• Persistence, drive, and a goal-focused mindset as you own projects from initiation to completion;
• Strong attention to detail and ability to effectively prioritize tasks within a fast-paced environment;
• JD from a top law school and member in good standing of a US state bar.
  
  

  Additional Details

  Location: This is a hybrid position based out of New York City, you will be expected to come into the office at least three days a week (Tuesdays, Wednesdays, & Thursdays) with additional days on occasion for vendor and delivery management.

  Compensation: The annual base salary for this role is $253,800.00. The base pay for this role is determined using many factors, such as education, skills and experience and is reflective of Clair Series stage and size.  Base pay is only one part of Clair’s competitive total compensation package which includes equity, benefits and additional perks. The base pay range is subject to change and may be modified in the future.