Senior Counsel, Product
2024-08-30
USA
Affirm
Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest.We are looking for an energetic and hardworking product lawyer to join our Product Counsel Legal team. This individual will support the servicing and underwriting lifecycle for BNPL loans, including underwriting, fair lending, servicing, and collections. The best candidate will be flexible enough to engage in a wide range of projects and matters in support of Affirm’s strategic objectives. We are looking for someone who takes their work seriously, but doesn’t take themselves too seriously. If you are an individual with humility, grit, and flexibility, this is the job for you!
Come join us in our mission to change consumer finance through offering honest financial products that improve lives!
What You’ll Do
Counsel Affirm’s Business teams and other cross-functional stakeholders on relevant federal and state consumer financial services laws and regulations affecting new and existing products and services, including the Truth in Lending Act; the Electronic Fund Transfer Act; The Equal Credit Opportunity Act; the Fair Credit Reporting Act; the Bank Secrecy and Anti-Money Laundering Act; laws prohibiting unfair, deceptive and abusive acts and practices; and related regulatory guidance and enforcement actions
Support Affirm’s origination and servicing of BNPL products
Provide strategic advice regarding state and federal lending, consumer finance and protection laws
Monitor legal and regulatory developments in consumer lending and servicing
Be a trusted advisor and teammate, sharing legal and other expertise and support when needed
Identify and evaluate business and legal risks and act as a trusted partner for creative legal problem-solving
Draft terms and conditions, disclosures, review copy
Create and solve initiatives related to new and existing Affirm products to ensure business partners are supported
What We Look For
Ideal candidate will have 6+ years of related business, government, or fintech experience, preferably with a focus on BNPL or Consumer Payments
JD from a highly-reputable, ABA-accredited law school
Someone who has established expertise in all areas of the consumer credit lifecycle, including originations, underwriting, licensing, money transmission, fair lending, BSA/AML, servicing, furnishing, & collections
Admitted to practice law and in good standing in at least one state bar/jurisdiction
A combination of federal government and in-house experience is preferred
A quick learner who genuinely enjoys legal analysis and collaboration in a fast-paced environment - you take your work seriously, but don’t take yourself too seriously
Experience developing creative approaches to legal challenges while providing business-focused legal advice
Inquisitive and proactive in identifying risks and proposing creative and effective solutions
Strong project management, critical thinking, creativity, and analytical skills
Someone focused on maintaining positive relationships and trust with cross-functional business partners
Passion for improving credit products and consumer experiences
Base Pay Grade - OEquity Grade - 8Employees new to Affirm typically come in at the start of the pay range. Affirm focuses on providing a simple and transparent pay structure which is based on a variety of factors, including location, experience and job-related skills.Base pay is part of a total compensation package that may include equity rewards, monthly stipends for health, wellness and tech spending, and benefits (including 100% subsidized medical coverage, dental and vision for you and your dependents.)USA base pay range (CA, WA, NY, NJ, CT) per year: $205,000 - $255,000USA base pay range (all other U.S. states) per year: $182,000 - $232,000Please note that visa sponsorship is not available for this position.#LI-Remote
Affirm is proud to be a remote-first company! The majority of our roles are remote and you can work almost anywhere within the country of employment. Affirmers in proximal roles have the flexibility to work remotely, but will occasionally be required to work out of their assigned Affirm office. A limited number of roles remain office-based due to the nature of their job responsibilities.
We’re extremely proud to offer competitive benefits that are anchored to our core value of people come first. Some key highlights of our benefits package include:
Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount
We believe It’s On Us to provide an inclusive interview experience for all, including people with disabilities. We are happy to provide reasonable accommodations to candidates in need of individualized support during the hiring process.
[For U.S. positions that could be performed in Los Angeles or San Francisco] Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles Fair Chance Initiative for Hiring Ordinance, Affirm will consider for employment qualified applicants with arrest and conviction records.
By clicking "Submit Application," you acknowledge that you have read the Affirm Employment Privacy Policy for applicants within the United States, the EU Employee Notice Regarding Use of Personal Data (Poland) for applicants applying from Poland, the EU Employee Notice Regarding Use of Personal Data (Spain) for applicants applying from Spain, or the Affirm U.K. Limited Employee Notice Regarding Use of Personal Data for applicants applying from the United Kingdom, and hereby freely and unambiguously give informed consent to the collection, processing, use, and storage of your personal information as described therein.
Come join us in our mission to change consumer finance through offering honest financial products that improve lives!
What You’ll Do
Counsel Affirm’s Business teams and other cross-functional stakeholders on relevant federal and state consumer financial services laws and regulations affecting new and existing products and services, including the Truth in Lending Act; the Electronic Fund Transfer Act; The Equal Credit Opportunity Act; the Fair Credit Reporting Act; the Bank Secrecy and Anti-Money Laundering Act; laws prohibiting unfair, deceptive and abusive acts and practices; and related regulatory guidance and enforcement actions
Support Affirm’s origination and servicing of BNPL products
Provide strategic advice regarding state and federal lending, consumer finance and protection laws
Monitor legal and regulatory developments in consumer lending and servicing
Be a trusted advisor and teammate, sharing legal and other expertise and support when needed
Identify and evaluate business and legal risks and act as a trusted partner for creative legal problem-solving
Draft terms and conditions, disclosures, review copy
Create and solve initiatives related to new and existing Affirm products to ensure business partners are supported
What We Look For
Ideal candidate will have 6+ years of related business, government, or fintech experience, preferably with a focus on BNPL or Consumer Payments
JD from a highly-reputable, ABA-accredited law school
Someone who has established expertise in all areas of the consumer credit lifecycle, including originations, underwriting, licensing, money transmission, fair lending, BSA/AML, servicing, furnishing, & collections
Admitted to practice law and in good standing in at least one state bar/jurisdiction
A combination of federal government and in-house experience is preferred
A quick learner who genuinely enjoys legal analysis and collaboration in a fast-paced environment - you take your work seriously, but don’t take yourself too seriously
Experience developing creative approaches to legal challenges while providing business-focused legal advice
Inquisitive and proactive in identifying risks and proposing creative and effective solutions
Strong project management, critical thinking, creativity, and analytical skills
Someone focused on maintaining positive relationships and trust with cross-functional business partners
Passion for improving credit products and consumer experiences
Base Pay Grade - OEquity Grade - 8Employees new to Affirm typically come in at the start of the pay range. Affirm focuses on providing a simple and transparent pay structure which is based on a variety of factors, including location, experience and job-related skills.Base pay is part of a total compensation package that may include equity rewards, monthly stipends for health, wellness and tech spending, and benefits (including 100% subsidized medical coverage, dental and vision for you and your dependents.)USA base pay range (CA, WA, NY, NJ, CT) per year: $205,000 - $255,000USA base pay range (all other U.S. states) per year: $182,000 - $232,000Please note that visa sponsorship is not available for this position.#LI-Remote
Affirm is proud to be a remote-first company! The majority of our roles are remote and you can work almost anywhere within the country of employment. Affirmers in proximal roles have the flexibility to work remotely, but will occasionally be required to work out of their assigned Affirm office. A limited number of roles remain office-based due to the nature of their job responsibilities.
We’re extremely proud to offer competitive benefits that are anchored to our core value of people come first. Some key highlights of our benefits package include:
Health care coverage - Affirm covers all premiums for all levels of coverage for you and your dependents
Flexible Spending Wallets - generous stipends for spending on Technology, Food, various Lifestyle needs, and family forming expenses
Time off - competitive vacation and holiday schedules allowing you to take time off to rest and recharge
ESPP - An employee stock purchase plan enabling you to buy shares of Affirm at a discount
We believe It’s On Us to provide an inclusive interview experience for all, including people with disabilities. We are happy to provide reasonable accommodations to candidates in need of individualized support during the hiring process.
[For U.S. positions that could be performed in Los Angeles or San Francisco] Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles Fair Chance Initiative for Hiring Ordinance, Affirm will consider for employment qualified applicants with arrest and conviction records.
By clicking "Submit Application," you acknowledge that you have read the Affirm Employment Privacy Policy for applicants within the United States, the EU Employee Notice Regarding Use of Personal Data (Poland) for applicants applying from Poland, the EU Employee Notice Regarding Use of Personal Data (Spain) for applicants applying from Spain, or the Affirm U.K. Limited Employee Notice Regarding Use of Personal Data for applicants applying from the United Kingdom, and hereby freely and unambiguously give informed consent to the collection, processing, use, and storage of your personal information as described therein.