Lead Legal Counsel, Wisetack
$145.8-204.1k
+ Equity
Buy-now-pay-later services
Job no longer available
Buy-now-pay-later services
101-200 employees
Job no longer available
$145.8-204.1k
+ Equity
101-200 employees
Company mission
To build financial products that do right by people.
Role
Who you are
- We are looking for a smart, high-energy, self-directed lawyer who enjoys working flexibly in a fast-paced and dynamic startup environment
- The ability to assess risk and empower the business is critical
- You must have excellent judgment and communication skills, a strong sense of ownership, and the ability to work well under pressure
- JD and active bar member in at least one state
- 4-8 years as a practicing attorney, preferably at a law firm and in-house (more experience is OK; level will be calibrated to the candidate)
- Prior start-up experience is strongly preferred
- Fintech, consumer lending, and/or payments experience is also strongly preferred
- Working knowledge of the key consumer lending law and regulations (e.g., TILA/Reg Z, FCRA/Reg V, ECOA/Reg B, FDCPA/Reg F), as well as relevant state laws and licensing frameworks, will be very helpful
- You must be highly customer-oriented and driven to build a better product and better customer experience
- We expect you to be a business enabler -- meaning, you must help drive business goals and make smart, risk-based decisions
- You should be hard-working, hands-on, and resourceful. We expect you to roll up your sleeves, find and analyze information efficiently, and do the work
- Finally, communication and collaboration are key. We are team players, and we’re looking for someone we want to be in the trenches with!
What the job involves
- Wisetack is hiring a second lawyer, reporting directly to the General Counsel. This is a unique opportunity to shape the growth of the Company and the legal team, in the burgeoning fintech and consumer lending space. You will work cross-functionally with business teams across the organization and help balance legal risk and business judgment
- This is a generalist role, with room to specialize as the legal team grows. We expect the bulk of the work to be product counseling and regulatory compliance, but you will also do commercial work, privacy compliance, employment counseling, IP, litigation, and more, based on the needs of the business
- You need not have direct experience in each of these areas in order to be considered, but you should have experience counseling high-growth, financial technology companies (ideally in the consumer lending / payments space) and be able to learn quickly
- Provide succinct, practical, and strategic legal advice to the business
- Help the business navigate the Federal and state laws and regulations around consumer lending, as well as changes to the regulatory landscape
- Advise the product and business teams on legal and regulatory considerations in the product development lifecycle
- Help set up new bank partnerships and nurture existing ones, to ensure they meet business, regulatory, and compliance objectives
- Provide legal support for a wide variety of commercial agreements, including drafting and negotiating partnership agreements and negotiating inbound vendor agreements
- Help update consumer agreements, terms, and privacy policies
- Partner with the people operations team in areas such as employment and immigration
- Counsel our operations and credit teams on customer disputes and escalations
- Take on other various projects at the direction of General Counsel based on your experience and business needs
Our take
FinTech Wisetack is offering flexible pay-over-time financing for home services like HVAC, plumbing, and pest control. Its an interesting niche that integrates with service provider software, enabling businesses to easily offer financing options to their customers, ultimately making essential services more affordable.
However, the company has its sights set higher and is now expanding its ervcies beyond home services to industries like dental care and auto repair. Allowing businesses to provide seamless financing options while improving customer experience and broadening access to essential services.
To help it on its mission, the company recently secured funding and formed a partnership with U.S. Bank to offer better financing options. With recognition from the Inc. 5000 and Deloitte's Technology Fast 500, Wisetack is in an exciting position to scale its platform and continue driving growth in the coming years.
Freddie
Company Specialist at Welcome to the Jungle
Insights
18% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Feb 2025
$25m
GROWTH EQUITY VC
Mar 2024
$20.4m
LATE VC
Total funding: $128.4m
Company benefits
- Stock options
- 401(k) plan
- Comprehensive health plans
- Flexible PTO
- FSA/HSA
- Additional health services memberships
- Learning and development stipends
- Commuter benefits
Company HQ
China Basin, San Francisco, CA
Leadership
Bobby Tzekin
(Co-Founder & CEO)Earned an MBA from University of California. Started their career as a Strategy Consultant at Bain & Co. Previously held VP of Product positions at YapStone, Lending Club and Mosaic.
Mykola Klymenko
(Co-Founder & CTO)Studied Automation and Control in Engineering Systems at National Technical University of Ukraine 'Kyiv Polytechnic Institute'. Previously Director of Engineering at ClairMail for 7 years and VP of Technology at Lending Club for 3 years.
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