Director of Legal, Novo

• 5-8+ years of relevant law firm or in-house experience; practice needs to have been operational heavy
• JD Degree from an accredited law school and license in good standing to practice law in the United States
• An operator ability, not just a counselor
• A framework thinker
• Comfortable in dynamic, fast-paced environments, with an entrepreneurial spirit and willingness to roll up your sleeves and do the work
• Excellent problem solving and communication skills that allow you to make clear, pragmatic recommendations
• Excited by our mission to increase economic upside for Americans by supporting entrepreneurship and small businesses
• Entrepreneurial attitude and experience with, or the ability to adapt to, a rapidly growing start-up with associated complexities and ambiguities
• Effective project management skills with the ability to oversee multiple projects at any given point in time
• Must be a quick learner and possess strong leadership skills
• Strong time management, prioritization, work organization and multitasking skills with a drive for efficiency, accuracy and risk management controls required

Desirable

• The Director of Legal, reporting into the EVP of Operations (Esq.), will develop and maintain the company’s legal strategy and assess potential risks, covering the following areas: commercial agreements; regulatory requirements and filings; product development; finance; risk management; insurance; privacy and data security; marketing; litigation; employment; and other
• We are seeking an attorney who enjoys wearing multiple hats, proactively takes on new responsibilities and is excited by the challenge of providing legal services at a dynamic, fast growing fintech company
• General legal function management
• Contracts and Terms (partner and customer)
• Bank Management- Manage, modify, and review terms of engagement
• Customer Terms- Modify customer terms of service or deposit program and any new material products launched
• Customer Promotions and Initiatives- Structure, draft and monitor promotional materials and other short term initiatives
• General Contract and Advisory- Addresses any other general or ad-hoc legal queries/projects from internal business stakeholders as needed, including contract drafting/review
• Policy drafting and regulatory audit support
• P&P- Work with compliance team to audit policies and procedures
• Audits- Work with compliance team during recurring reviews and audits by partners and regulators
• Product development and management advisory
• Bank and Vendor Structuring- Work with senior management to manage banking tech stack, with bank partners and other vendors, that allows Novo to innovate
• New Product Development - Work with senior management to develop product roadmap around how creative/new products and features fit into regulatory constraints
• Existing Product Compliance - Provide legal guidance across product categories to leaders in business, product and technology departments to, ensuring compliance with regulations and partner standards
• Complaints, Enforcement, and Litigation
• Customer & Bank Risk - Manage customer complaints, court subpoenas, regulatory inquiries and actions, chairing appropriate Novo risk committees
• Risk and Corporate Advisory - Provide legal and commercial advice to management and other key individuals in the company with respect to our business activities as well as general corporate, litigation and regulatory matters
• Litigation - Supervise litigation matters
• Regulatory Management - Manage relationships with regulators
• Labor & Employment