Full-Time

Product Counsel

Varo

Varo

501-1,000 employees

Digital, FDIC-insured bank offering high-yield savings and quick money

Fintech

Mid

Remote in USA

Required Skills
Marketing
Requirements
  • J.D. from an accredited law school
  • Admitted and in good and active standing to practice law in California, Utah or North Carolina
  • 3+ years' experience with banking product and consumer laws as in-house counsel or at a major law firm
  • Highly intelligent as well as a high EQ with exceptional interpersonal skills and ability to develop relationships
  • Excellent written, verbal, and analytical skills, with an ability to communicate complex issues in a simple way and to orchestrate plans to resolve issues and mitigate risks
  • Strong negotiation skills and ability to interact with legal and business leaders internally and externally
  • Process-oriented with a desire for constant improvement and development of best practices
  • Strong integrity and commitment to ethics
Responsibilities
  • Partner with and support our marketing team by advising on marketing collateral and product claims
  • Provide ideas, solutions, and insights and advise the product teams on compliant new products that meaningfully impact our customers
  • Remain up-to-date on relevant industry, consumer protection, and banking and advertising laws and regulations to ensure an ongoing ability to provide sound compliance advice
  • Draft terms of use, product policies, and disclosures, and work with our compliance teams to implement related processes
  • Negotiate and draft contracts with product partners and suppliers to support product initiatives
  • Develop strong, collaborative relationships with the business and others on the legal team
  • Engage regularly as a key stakeholder with operations, fraud, and risk teams to maintain awareness of operations or customer experience issues and help prioritize issues for resolution to drive continuous improvement with Varo's product offerings
  • Work cross-functionally on a variety of legal matters to support business development and innovation
  • Lead and support special projects
  • Work closely with our internal product, business, tax, accounting, and compliance teams, as well as with external advisors and experts

Varo Bank, an all-digital, FDIC-insured institution, merges the expertise of banking veterans with tech specialists to provide premium banking services, including high-yield savings, automatic saving tools, and early access to paychecks. The company's commitment to customer-centric innovation is evident in its unique offerings such as Varo Advance, providing quick access to cash, and Varo Believe, a program designed to help customers build credit. With one of the highest savings rates in the country and a strong emphasis on a fee-free banking experience, Varo has successfully positioned itself as a leader in the digital banking industry.

Company Stage

Series E

Total Funding

$996.3M

Headquarters

San Francisco, California

Founded

2015

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-5%

2 year growth

-8%