Product Counsel
Posted on 9/11/2023
INACTIVE
Slope

11-50 employees

B2B payments platform offering immediate financing solutions
Company Overview
Slope excels as a B2B payments platform by providing a unique service that allows businesses to offer various payment terms to their buyers without additional risk, thereby enhancing customer relationships and sales. Their competitive edge lies in their ability to approve customer financing within seconds for future purchases, ensuring immediate payout for businesses while handling all associated risks and collections. This strategic approach positions Slope as an industry leader, fostering a culture that values financial efficiency and customer satisfaction.

Company Stage

Series B

Total Funding

$163.1M

Founded

2021

Headquarters

San Francisco, California

Growth & Insights
Headcount

6 month growth

44%

1 year growth

18%

2 year growth

18%
Locations
San Francisco, CA, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Communications
Marketing
CategoriesNew
Legal & Compliance
Requirements
  • 8+ years of combined, relevant experience in law firms or in-house fintech / software legal departments
  • Business credit background a plus
  • Demonstrated solution-oriented business and compliance judgment
  • Excellent commercial negotiation and drafting skills
  • Experience with product development and advising on laws and regulations applicable to technology
  • Familiarity with ECOA, RegZ, FCRA, FDCPA, UDAAP, Truth in lending, True lender consideration
  • Excellent communicator both internally and externally, with ability to break down complex regulatory requirements into easy-to-understand and practical advice
  • Basic understanding of AML and sanctions programs, including applicable U.S. legislation
Responsibilities
  • Provide guidance to product and engineering teams on issues related to all products and features throughout the entire product development lifecycle
  • Provide pragmatic, actionable advice on requirements for existing and new products
  • Draft terms of service and commercial agreements related to our products and services
  • Cultivate creative ideas and insights into how legal frameworks can support new product developments and customer experiences
  • Advise on product and marketing collateral, customer communications, and disclosures
  • Manage regulatory examinations and audits
  • Policies & Procedures - develop and maintain the compliance policies and procedures required by the credit framework, in order to support lending
  • Provide strategic insight for Operations as they build support for lending workflows
  • Provide reporting required by the compliance framework
  • Train employees and partners with respect to the compliance required for lending and payments
  • Case manage customer compliance complaints related to lending and provide formal responses to such matters
  • Manage state licenses and the relationship with the state regulators
  • Manage all monthly testing and reporting to the Partner Bank