Senior Legal Counsel, Momnt
More information about location
Lending solutions for businesses
Job no longer available
Lending solutions for businesses
21-100 employees
Job no longer available
More information about location
21-100 employees
Company mission
To merge the art of technology with the science of finance to create the best consumer experience possible.
Role
Who you are
- J.D. degree from an accredited law school and active membership in a U.S. state bar
- 5+ years of legal experience in financial services, fintech, or a regulated industry, with expertise in consumer lending, compliance, and litigation
- Strong knowledge of consumer protection laws (UDAAP, ECOA, Fair Lending, BSA/AML, state financial services regulations)
- Experience handling subpoenas, AG responses, regulatory audits, and compliance inquiries
- Proven ability to manage state licensing, compliance reporting, and regulatory change management
- Hands-on experience with litigation strategy, outside counsel management, and risk mitigation
Desirable
- In-house legal experience at a fintech, financial services company, or bank
- Experience partnering with engineering teams to develop compliance solutions
- Knowledge of digital accessibility and regulatory requirements for online financial services
What the job involves
- As part of our legal and compliance team, you will play a key role in shaping policies, managing regulatory inquiries, and navigating financial services law, compliance responses, state licensing, and regulatory enforcement matters
- We’re looking for a business-minded attorney who isn’t afraid to roll up their sleeves and lay the groundwork for success
- This role requires a proactive, solution-driven legal professional who can balance legal risk with company growth objectives while ensuring regulatory compliance
- The ideal candidate thrives in a fast-paced environment, takes ownership of challenges, and works hands-on to support business expansion and innovation
- Monitor, research, and implement state and federal financial services compliance, ensuring adherence to laws such as ECOA, UDAAP, Fair Lending, and BSA/AML
- Evaluate and manage regulatory change actions, ensuring business compliance with new laws and regulations
- Oversee state licensing, ensuring all applications, renewals, and reporting requirements are met
- Respond to subpoenas, Attorney General (AG) requests, and other regulatory inquiries
- Develop processes to track and manage regulatory examinations, enforcement actions, and risk assessments
- Work closely with regulators and external counsel to ensure accurate and timely legal responses
- Oversee small business and consumer litigation, providing risk-based legal guidance
- Manage relationships with outside counsel, legal consultants, and litigation teams to ensure cost-effective and strategic legal defense
- Support legal efforts in contract disputes, compliance enforcement actions, and fair lending cases
- Provide legal oversight for Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs
- Advise on Fair Lending (ECOA) and anti-discriminatory practices, ensuring internal policies align with legal requirements
- Collaborate with risk and compliance teams to implement internal controls, reporting mechanisms, and audits for compliance
- Partner with engineering, risk, and operations to implement compliance frameworks and reporting tools
- Advise product development teams on regulatory risks associated with new consumer lending products
- Train internal teams on compliance obligations, financial services law, and regulatory expectations
Our take
Say you’re working on a project. Your client’s needs are more complex than originally thought, and they’ll need a small loan to cover additional costs. This is where the project becomes logistically much more complex, with disparate parties entering the process. This is what Momnt aims to streamline, connecting merchants and lenders in one handy, straight-to-the-client platform.
Its services are sold on their ease of use, primarily that all parties involved in the leading are connected at the point of need. But as well as this, its lending platform is automated end-to-end and allows the client to shop for real-time loan options without affecting their credit score.
Though a number of companies offer financial and loan platforms, Momnt stands out in the market for being a ‘point of need’ financial platform. It’s used recent funding to open a new arm of the company focussing on point of need lending services specifically within healthcare.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Flexible Time Off: We offer a generous vacation policy and parental leave, but ultimately we want our employees to take the time they need for the things that matter most.
- Medical, Dental, Vision: We are committed to providing you with outstanding benefits that allows you peace of mind when considering your family's health.
- Remote-Friendly: Our headquarters are in Atlanta, but we invite you to work from wherever you feel most productive
Company HQ
Peachtree Center, Atlanta, GA
Leadership
Barclay Keith
(CEO)Formerly Director of Analytics at GreenSky, Director of BD at GUHDO and Director of Heard Capital. They also worked in Financial Analytics at Bloomberg.
Brian Lanehart
(President & CTO)Previously CTO of Virtual Learning Technologies, 3DH and Applied Technology Partners (they were also Co-founder here), and Client Director of CTS. They were also President and Co-founder of Lanehart Consulting and Director of Product at GreenSky.
Lena McDearmid
(COO)Former Senior Credit Manager at Well Fargo Financial, Senior Credit Analyst at CarMax and Director of Product Management at GreenSky.
Share this job