Senior Lead Product Counsel, Chime
$193.9-274.7k
+ Bonus and competitive equity package
More information about location
4 days a week in office
Mobile banking for the everyday person
Be an early applicant
Mobile banking for the everyday person
1001+ employees
Be an early applicant
$193.9-274.7k
+ Bonus and competitive equity package
More information about location
4 days a week in office
1001+ employees
Company mission
To make financial peace of mind a reality for millions of everyday people.
Role
Who you are
- This role requires exceptional legal acumen, strategic thinking, and strong leadership capabilities
- You will play a pivotal role in shaping Chime’s product strategy while navigating the evolving regulatory landscape
- 8+ years of legal experience, with a mix of law firm, government, and/or in-house experience
- Deep expertise in financial services regulations, including knowledge of fintech, bank partnerships, and product counseling
- Prior experience advising on banking-related products through the full product lifecycle, including partnerships with banks or financial institutions
- Strong ability to assess legal risks and translate them into clear, actionable business recommendations
- Exceptional leadership, communication, and stakeholder management skills
- Strategic thinker with a practical, business-oriented approach to problem-solving
- Experience managing outside counsel effectively and efficiently
- J.D. from an accredited law school and bar membership in good standing
What the job involves
- We are seeking a Senior Lead Product Counsel with deep financial services expertise to join our Product and Payments Legal team
- This is a strategic role for an experienced legal professional who enjoys working with a variety of financial regulations and complex product counseling matters
- You will be a key legal advisor to senior leadership, working cross-functionally with product, marketing, compliance, engineering, and operations teams to support Chime’s mission to deliver innovative, customer-focused financial products
- Your work will involve advising on legal risks, supporting regulatory compliance, and enabling scalable growth in a fast-paced environment
- Serve as a senior legal advisor on complex product development initiatives, working closely with product, engineering, and business teams from ideation to launch
- Provide expert legal guidance on lending, credit, deposits, and financial technology products, ensuring compliance with federal and state laws
- Act as a thought leader on regulatory matters, including consumer protection, bank partnerships, and financial compliance requirements
- Lead and manage relationships with outside counsel, ensuring efficient and effective legal representation
- Develop and implement regulatory strategies to support innovative products
- Proactively identify legal risks and provide strategic solutions
Our take
Chime is part of the growing realm of fintech banks and providers, emphasizing straightforward, cost-effective banking solutions. It cuts the expenses tied to basic bank accounts and provides users with greater autonomy in managing their finances.
In contrast to many traditional banks that levy steep fees and hefty penalties for overdrafts while offering meager interest rates on savings, Chime addresses a crucial gap in the banking sector. Its primary focus is on catering to individuals with modest savings who seek the convenience of automated digital banking.
With a remarkable ascent in its trajectory, Chime's current valuation stands at $25.5B, a staggering $23.5B surge from its early 2019 valuation, underscoring its impressive and swift expansion. However, competition remains fierce, with other neobanks like Ally offering similar features and vying for the same customer base.
Freddie
Company Specialist at Welcome to the Jungle
Insights
0% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Aug 2021
$750m
SERIES G
Sep 2020
$485m
SERIES F
Total funding: $2.0bn
Company benefits
- Physical: We believe in taking care of your physical health, so as a Chimer you’ll get medical, dental, and vision insurance, as well as benefits to support your physical activity, family planning, and all of your little Chimers
- Emotional: We know that staying healthy involves a lot more than doctor’s checkups. We partner with Modern Health to help you navigate your mental health, give monthly Take Care of Yourself Days, and want you to take time off when you need it
- Financial: We want Chimers to save and feel financially supported, so we offer savings plans with competitive matching, as well as access to financial planning and legal assistance so that you can find your financial peace of mind
- Social: We’ll celebrate your milestones together with travel stipends, swag, and high-fives and make sure you’re connected to fellow Chimers through our Chime Resource Groups (CRGs) and company events
Company HQ
Nob Hill, San Francisco, CA
Leadership
Chris Britt
(Co-Founder & CEO)Chris worked as an Accenture Management Consultant for 4 years before roles at CMGI, Comscore Networks, and Visa. They left their position as an SVP of Corporate Development at Green Dot Corporation to co-found Chime in November 2012.
Ryan King
(Co-Founder)Ryan worked at Plaxo for 8 years, first as Lead Engineer and then working their way up to VP of Engineering & COO. They went on to be CTO & Vice President at Comcast Silicon Valley Innovation Centre before co-founding Chime.
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