Full-Time

Corporate Counsel

Privacy and Regulatory

Confirmed live in the last 24 hours

Better.com

Better.com

1,001-5,000 employees

Online platform for home loans and refinancing

Fintech
Real Estate

Senior

Irving, TX, USA

Requires onsite presence in Irving, Texas for five days per week.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • Minimum of 5-10 years of legal experience with a strong focus on privacy and mortgage regulatory compliance, preferably within the financial services
  • Privacy and lending regulation expertise (including RESPA, TILA, ECOA, UDAAP, Reg B, Reg X, Reg Z, FHA, GLBA, FCRA and state licensing laws)
  • Excellent drafting and communication skills and a demonstrated ability to solve problems and meet deadlines
  • Painstaking attention to detail
  • Strong organizational skills and attention to detail, with the ability to manage multiple priorities in a fast-paced environment
  • Excellent project management and task tracking skills
  • The ability to work in a fast-paced environment and balance multiple projects
  • The ability to think creatively in difficult situations
  • JD from an ABA accredited law school and license to practice in New York, Michigan, Texas and/or California
Responsibilities
  • Lead Privacy Compliance Efforts: Serve as the primary legal advisor for privacy and regulatory matters, overseeing the management and resolution of consumer data requests including data deletion, access, and information requests. Ensure responses comply with applicable federal, state, and international privacy regulations, and align with internal policies.
  • Strategic Collaboration: Partner with cross-functional teams including Client Success, Engineering, Product, Compliance, and Information Security to develop and implement data privacy strategies. Provide legal and regulatory guidance on new product developments, data processing activities, regulatory examinations and customer interactions.
  • Policy and Process Development: Lead the development, implementation, and continuous improvement of internal policies and procedures related to data privacy consumer rights and artificial intelligence. Ensure that processes for handling data subject requests are efficient, legally compliant, and aligned with best practices.
  • Regulatory Oversight and Advisory: Monitor evolving mortgage, privacy and AI laws and regulations, assess their impact on the business, and proactively advise on necessary changes to practices and procedures. Conduct privacy impact assessments, risk analyses, and mortgage regulatory reviews to mitigate potential legal risks.
  • Change management: keep key stakeholders apprised of new developments in privacy, AI mortgage regulatory environments.
  • Special Projects and Continuous Improvement: Drive special projects and initiatives that enhance the company’s privacy posture, such as implementing new compliance tools, improving data governance frameworks, and optimizing the consumer inquiry response process.

Better.com simplifies the home buying and refinancing process through a fully online platform. It serves homebuyers and homeowners looking to refinance their mortgages by providing quick loan estimates and pre-approvals, often within minutes. The platform eliminates the need for physical paperwork and in-person meetings, making the process faster and more efficient. Unlike traditional lenders, Better.com does not charge origination fees or commissions, which can lead to significant savings for clients. The company generates revenue through interest on loans and additional services like title and homeowners insurance. Better.com also offers related services such as Better Settlement Services for efficient communication and Better Real Estate to connect clients with trusted agents. The goal of Better.com is to make the entire home buying experience seamless and transparent.

Company Stage

IPO

Total Funding

$1.9B

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

5%

1 year growth

6%

2 year growth

-17%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of innovative products like One Day HELOC and Better Home Equity Loan demonstrates Better.com's commitment to providing fast and flexible financial solutions.
  • The appointment of Chad Smith as president and COO could bring fresh leadership and strategic direction to the company.
  • Better.com's technology-driven approach can lead to faster loan approvals and a more efficient home buying process, enhancing customer satisfaction.

What critics are saying

  • The company has faced public scrutiny and reputational damage due to its handling of layoffs, which could impact employee morale and customer trust.
  • The volatile interest rate environment poses challenges for the mortgage and refinancing market, potentially affecting Better.com's revenue.

What makes Better.com unique

  • Better.com offers a 100% online platform that eliminates the need for physical paperwork and in-person meetings, unlike traditional mortgage lenders.
  • The company does not charge origination fees or commissions, providing significant cost savings for clients compared to traditional lenders.
  • Better.com's integrated approach, including services like Better Settlement Services and Better Real Estate, offers a seamless home buying experience from start to finish.

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Benefits

Competitive compensation & equity

Remote-friendly opportunities

Unlimited PTO

Fully funded health, dental, vision, and fertility benefits

401k plans

Up to 20 weeks paid parental leave

Free lunch, even if you’re remote