DailyPay, Inc. · 16 hours ago

Associate General Counsel, Product Counsel

United States

Full-time

Remote

Senior Level

$200K/yr - $270K/yr

7+ years exp

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Responsibilities

Serve as a trusted advisor to DailyPay’s product development team, playing a key role in building and launching innovative and compliant products

Draft, review, and negotiate a broad range of complex vendor agreements and documentation to support DailyPay’s evolving business, including terms of use, master services agreements, statements of work, technology licensing agreements, partnership agreements, payment network/association agreements, and financial institution partnership agreements

Review consumer-facing communications and disclosures with an eye toward clarity, ease of understanding, and legal and regulatory compliance

Ensure that DailyPay’s policies and procedures are followed and that all commercial agreements comply with company policies, other contractual obligations, and applicable laws and regulations, including data privacy and data security requirements

Engage outside counsel as needed to ensure efficient completion of legal assignments within budget constraints

Provide legal and regulatory support to senior management and other company stakeholders

Collaborate in the development of business processes and procedures to help scale DailyPay’s business

Qualification

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Legal experienceRegulatory complianceProduct counselFinancial servicesVendor agreementsData privacyData securityEFTA/Reg ETILA/Reg ZGramm-Leach-BlileyUDAP/UDAAPESIGN ActBSA/AML/OFACMoney transmission rulesPCI-DSS

Required

7-10+ years of legal experience, preferably at both a top law firm and as in-house commercial, regulatory or product counsel in financial services or another regulated industry

Experience working with companies in a regulated industry, preferably the payments industry (and, in particular, working with EFTA/Reg E and TILA/Reg Z; Gramm-Leach-Bliley; UDAP/UDAAP; ESIGN Act; BSA/AML/OFAC; money transmission rules; card issuing, program management or processing; association/network/NACHA rules; PCI-DSS; privacy; and/or data security), but comparable experience in other industries will be considered

Strong interest in integrating with and advising product teams on the development of new, innovative and compliant products in a quickly evolving legal/regulatory landscape

Strong interest, and preferably proven ability, in leading and managing other lawyers effectively, providing guidance, mentorship and support while fostering a collaborative and inclusive work environment

Superb leadership, interpersonal, verbal, and written communication skills

Ability to multi-task, prioritize, and independently manage a high volume of work