Full-Time

Privacy Counsel

Posted on 8/27/2024

Upgrade

Upgrade

1,001-5,000 employees

Provides loans, credit cards, and rewards

Fintech
Financial Services

Compensation Overview

$180k - $200kAnnually

+ Equity + Benefits

Mid, Senior

San Francisco, CA, USA

Hybrid position requires in-office presence in San Francisco.

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Marketing
Data Analysis
Requirements
  • 3-5+ years advising financial institutions/fintech companies as a lawyer at a leading law firm or in-house legal department
  • Experience with the bank partnership model is a plus
  • J.D. and membership in the California Bar in good standing, or eligible to register as in-house counsel with the California Bar
  • Innate curiosity, desire and ability to learn rapidly
  • Resilience and comfort serving as a trusted business partner
  • Quick adopter of new and evolving technology
  • A team player with a sense of humor and self awareness
Responsibilities
  • Provide legal advice on privacy laws and regulations, including GLBA, CCPA, PIPEDA and Law 25, and other relevant data protection laws.
  • Monitor and respond to changes in privacy laws and regulations.
  • Partner directly with our commercial, product, marketing, and other business teams to integrate privacy considerations into current and future product developments.
  • Draft and review privacy-related agreements, including commercial contracts, data processing agreements, and vendor contracts.
  • Support investigations and incident response related to privacy and security incidents.
  • Conduct privacy impact assessments, audits, and training sessions to identify and mitigate potential risks and gaps.
  • Support the development and implementation of privacy-enhancing technologies and practices.

Upgrade offers personal loans, credit cards, and rewards checking accounts to help individuals manage their finances. Their personal loans allow borrowing up to $50,000 with fixed rates and no prepayment penalties, while the Upgrade Card provides cash back rewards on various spending categories. What makes Upgrade different is its focus on affordability and user-friendly features, attracting customers looking for flexible credit solutions. The company's goal is to promote responsible financial behavior and long-term financial health through accessible credit options.

Company Stage

Series F

Total Funding

$532.1M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into auto loans diversifies Upgrade's product offerings.
  • Acquisition of Uplift strengthens Upgrade's position in travel financing.
  • Partnership with Finturf enhances home improvement financing options.

What critics are saying

  • Expansion into auto loans increases exposure to credit risk.
  • Crowded BNPL market may pressure margins for Uplift acquisition.
  • Investment in new office space may strain resources if growth falters.

What makes Upgrade unique

  • Upgrade offers a unique blend of credit and banking products.
  • The Secured OneCard targets consumers with little or no credit history.
  • Partnership with FairPlay enhances fairness in lending practices.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Parental Leave

Health & wellness initiatives

INACTIVE