Regulatory Compliance Counsel, Sunbit
$140-175k
Offers stock options
More information about location
4 days a week in office
Buy now, pay later technology platform
Be an early applicant
Buy now, pay later technology platform
201-500 employees
Be an early applicant
$140-175k
Offers stock options
More information about location
4 days a week in office
201-500 employees
Company mission
To eliminate financial waste and pass the savings back to our customers and merchant partners.
Role
Who you are
- The ideal candidate is meticulous, disciplined, and execution-focused, combining legal acumen with operational rigor to drive timely, compliant outcomes in a dynamic regulatory environment
- 5+ years of experience advising in consumer financial services or in another highly regulated industry
- A JD from an ABA-accredited law school and admitted to the State Bar of California in good standing
- Experience managing consumer financial services litigation, including FCRA, TCPA, and FDCPA claims
- Familiarity with bank partnership or sponsor bank lending models and related regulatory guidance is strongly preferred
- Demonstrated ability to distill complex legal issues into concise, actionable guidance for business partners
- Proactive approach to identifying issues, developing solutions, and driving matters to resolution
- Excellent project management skills, including the ability to manage multiple time-sensitive projects, deadlines, and competing priorities
- Strong interpersonal skills to build productive relationships with regulators, internal stakeholders, and opposing counsel
- Meticulous attention to detail and accuracy in work product
What the job involves
- Reports To: Assistant General Counsel
- We're seeking a Regulatory Compliance Counsel to drive legal strategy across the full lifecycle of Sunbit's consumer financial service, from licensing and servicing through collections and dispute resolution
- You'll own the regulatory framework that fuels product expansion, keeps the business compliant across jurisdictions, and stays ahead of the evolving federal and state regulatory landscape
- Serve as the lead legal point of contact for regulatory inquiries, examinations, and investigations from state agencies, the CFPB, and State Attorneys General, owning the response strategy from intake through resolution
- Drive Sunbit's nationwide licensing program to fuel product expansion, maintain compliance across jurisdictions, and orchestrate cross-functional responses to new and evolving licensing needs
- Stay ahead of the evolving regulatory landscape by monitoring federal and state legislative developments and assessing impact on Sunbit's product and operations
- Partner with Legal & Compliance, Operations, and Product to implement practical, risk-based guidance that enables innovation and growth
- Own and manage the company's consumer litigation portfolio, including claims related to servicing practices, collections, credit reporting and furnishing disputes, and TCPA matters
- Develop and execute litigation strategy, manage outside counsel relationships, and drive cost-effective resolution of matters
- Proactively analyze disputes and litigation trends to identify systemic issues, partnering with compliance and operations teams to implement durable, preventative solutions
- Partner with the Customer team to review and refine consumer-facing communications and campaigns in order to align messaging with regulatory requirements and company values
- Counsel on policies, procedures, scripts, and escalations to ensure alignment with FDCPA, Reg. F, TCPA, UDAAP, SCRA, FCRA, and applicable state laws
- Lead complaint response strategy across CFPB, state regulators, and direct consumer channels, translating complaint trends into durable operational fixes that reduce future exposure
Our take
Buy now pay later (BNPL) options have been a lifeline for consumers who need to make essential purchases but need a bit more breathing space to pay for them. Sunbit provides a BNPL solution to service providers, retailers and consumers, helping thousands of communities where traditional financing options have previously been the only route.
Sunbit disrupts the lengthy process of getting credit, utilizing its own proprietary machine learning technology to create personalized payment plans for each customer rather than relying on pre-approval based on a FICO score. Their 30-second approval process makes it an attractive option for retailers looking to increase sales, as customers can get an in-store decision. Payback has 3, 6, and 9-month flexible options, and the platform covers purchases of up to $10,000.
The company is looking to grow after an impressive financial investment in 2024 that reflects consumers turning to new payment options, such as BNPL. The funding is supporting its Sunbit no-fee credit card and embedded financing partnerships.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
May 2021
$130m
SERIES D
Sep 2020
$26m
SERIES C
Total funding: $211.2m
Company benefits
- Mission driven + empowered + collaborative
- Competitive pay and stock options
- Health Insurance options including Medical, Dental, Vision, Life, EAP, FSA, & Maternity Leave
- 401K Plan with Matching
- Cell Phone Stipend
- Commuter Supplement for LA Office eligible employees
- Casual Dress
- Monthly Lunches in LA HQ
Company HQ
Westwood, Los Angeles, CA
Leadership
Arad Levertov
(Co-Founder & CEO)Arad served in the Israeli Defense Forces as a Major for 5 years, before spending almost 5 years at Intel. They left their role of 6 years as COO of Enova International to co-found Subnit in January 2016.
Ornit Dweck-Maizel
(Co-Founder & CTO)Having spent 2 years as an Intel Software Developer, Ornit worked at superderivatives in R&D for 9 years. She co-founded Sunbit in 2016, serving since as CTO.
Tamir Hazan
(Co-Founder & Head of AI)Tamir undertook a PhD in Machine Learning and Computer Vision at The Hebrew University before co-founding Sunbit with Ornit, Arad, and Tal. They have been in Analytics since June 2017.
Tal Riesenfeld
(Co-Founder & Chief Revenue Officer)Tal served in the IDF before spending 2 years at HP in Strategic Marketing and 4 months at Google. They co-founded Eyeview in 2008, working there for 8 years prior to co-founding Sunbit in 2016.
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