Corporate Counsel, Financial Services

We are looking for a Corporate Counsel to serve as the designated legal lead for our growing Financial Services business and our payments ecosystems across business lines partnering closely with other members of our Legal and Financial Services teams. This is a build role: the right candidate will help stand up the legal infrastructure for a bank-originated lending program from the ground up while continuing to iterate as our business and payments ecosystems grow and scale.

You'll report to the General Counsel and work from our Santa Ana office. Remote or hybrid candidates will also be considered. We believe that there is significant value in in-person collaboration.

If you live within a 1 hour commuting distance to one of our offices, you will be required to be onsite most of the time. This will be discussed further as part of the recruiting process.

- Take primary legal responsibility for Collectors' lending program, including drafting commercial and consumer loan agreements, key partner agreements, program documents, and ongoing program governance

- Partner with outside counsel, consultants, and the Collectors Financial Services team on program design and regulatory positioning

- Draft and maintain disclosures and review marketing materials in compliance with applicable laws

- Stay current on developments in consumer lending regulation and emerging requirements affecting program structure

- Advise on AML/BSA, OFAC, and KYC obligations applicable to lending counterparties and payments flows

- Cross-functional partnership to embed legal and compliance requirements across the lending lifecycle and non-lending payments flows

- A graduate of a top law school with AmLaw100 or other large national law firm experience

- In good, active standing with the California Bar (or eligible for registered in-house counsel status)

- 6+ years of legal experience, with at least 2-3 years at a fintech, BaaS platform, or other consumer lending company in an in-house legal role or a similar role advising such companies at a top law firm

- Substantive experience with consumer lending regulation: TILA/Reg Z, UDAAP, FCRA, ECOA, GLBA, state licensing, and bank partnership program structures

- Working familiarity with payments and money movement concepts (money transmission, stored value/wallets, EFTA/Reg E, card network basics) sufficient to spot issues and partner effectively with business teams

- Comfortable advising on novel product structures and partnering with business teams in a fast-moving environment

- Strong organizational skills with the ability to manage multiple workstreams while maintaining quality

The salary range for this position is $190,000 to $300,000. Actual compensation on this range varies based on a variety of non-discriminatory factors, including location, job level, experience, and skill set. This role may be eligible for bonuses, commissions, or other forms of compensation, please ask your recruiter for details.

- Health Insurance: All full-time employees are eligible to enroll in Medical, Dental, and Vision

Benefits: Full-time employees are eligible for fertility, commuter, and educational assistance benefits

- 401(K) Matching Plan: We are proud to offer a competitive 401k matching plan to our employees to support their future financial goals

- Vacation: All salaried employees are eligible for flexible time-off

- Holiday Pay: All regular, full-time employees are eligible for ten company paid holidays

- Employee Discounts: Employees receive discounts on select grading services for approved submissions

- Flexible Hours: Many of our teams offer flexible schedules with varying shifts and will work with you to accommodate your needs

- Fun Working Environment: Our team members are invited to participate in celebrations, holiday events, and team building activities

Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

We are aware that there are instances where individuals are receiving job offers that fraudulently allege to be from Collectors or one of our business units. This type of fraud can be carried out through false websites, through fake e-mails claiming to be from the company or through social media. We never ask for personal information such as your bank account, Social Security numbers or National IDs, nor do we send or request payments for the purchase of business-related equipment.

If you suspect fraud, please reach out to people@collectors.com.

If you require an accommodation to apply or interview with us due to a disability or special need, please email people@collectors.com .