Deferit is a growing fintech company that is operating profitably. We're dedicated to helping individuals take control of their finances. Our mission is to help people pay their bills on time according to their schedule and cash flow. As we continue to expand and evolve, we are excited to announce a unique opportunity to join our team.

Job Overview:

We are seeking an experienced and highly motivated Regulatory Lawyer to join our legal team. The ideal candidate will have a deep understanding of lending and fintech regulations, strong communication skills, the ability to collaborate across different teams (product, marketing, engineering etc.), and outstanding leadership and management skills. This role will involve providing legal advice and support on regulatory and compliance matters to ensure our company's operations adhere to federal and state laws and regulations.

Key Responsibilities:

• Provide regulatory advice and ensure compliance with lending and fintech regulations.
• Monitor and interpret new state and federal regulations and laws that are applicable to our business/new products.
• Develop and build on existing compliance policies and procedures.
• Provide advice on regulatory issues across teams (product, marketing, risk, operations, corporate and partnerships).
• Identify potential risks within current or new products and provide proactive recommendations to effectively mitigate those risks.
• Assist in drafting, reviewing, and negotiating contracts, agreements, and other legal documents to ensure regulatory compliance.
• Prepare and submit regulatory filings/reports and liaise with regulatory agencies where required.

Qualifications:

• Juris Doctor (JD) degree from an accredited law school and admission to at least one US state bar.
• Minimum of 4 years of experience in a financial services regulatory role at a top tier law firm or a combination of in-house and law firm experience in a regulatory role.
• In-depth knowledge of federal and state financial services regulations and compliance requirements including OFAC, TILA, ECOA, FCRA, FCPA, UDAAP, UCC, NACHA, FDCPA, SCRA, state lending and loan servicing laws, and card network rules.
• Experience liaising with state and federal regulatory agencies (such as CFPB, FDIC, and the OCC etc) and handling regulatory matters as they arise.
• Experience creating and building on existing compliance policies and procedures where required.
• Strong analytical, problem-solving, and leadership skills.
• Experience collaborating with different teams/cross functional stakeholders.
• Excellent communication and interpersonal abilities.
• Ability to work independently and manage multiple priorities.

What We Offer:

• Competitive Package : Enjoy a competitive salary and benefits package, including comprehensive healthcare coverage, unlimited leave, flexible work arrangements, and more.
• High-Growth Environment: Be part of a stable startup with a high-growth trajectory, working alongside a motivated and passionate team.
• Professional Development: Opportunities for professional development and career growth.
• Salary range : $150,000 - $200,000, depending on skills and experience.

Deferit is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.