Responsibilities
- Draft, review, and negotiate commercial agreements in the area of small business commercial financing and lending, referral partners, brokers, marketing, and IT software contracting.
- Advise business teams and their leaders on negotiating, risk analysis, transaction structuring, and lead closing of commercial business undertakings.
- Drafting and negotiating commercial deal transactions and contracts with outside vendors, brokers, referral partners, and IT software providers.
- Manage existing vendor management system and oversee onboarding, annual auditing, risk assessments, and potential regulatory exposure aspects.
- Update, maintain, and annually review contract templates and playbooks.
- Manage contract lifecycle, including approvals, renewals, and termination.
- Handle dispute resolution related to commercial agreements.
- Help with the compliance management system and business unit compliance with federal, state, agency, legal, policy, operational, and regulatory requirements.
- Assist in assessing, developing and implementing internal controls to identify and put in place controls to address potential areas of risk within the company.
- Provide compliance guidance to business departments.
- Help prepare compliance reports, quarterly and annual meeting materials and periodic updates to state regulators.
- Support regulatory change management.
- Support issue management, including resolution of any corrective action as necessary.
- Participate in the review and update of compliance policies and procedures.
- Facilitate testing of policies and procedures.
- Support the Compliance Training Program for all employees.
- Support regulatory examinations, audit, and third-party diligence requests.
Requirements
- JD (Juris Doctor) degree.
- Minimum of 6 years of experience at a law firm, government regulatory agency, and/or in-house counsel setting.
- Must possess strong legal drafting, negotiating, and advising skills
- Strong analytical skills and detail oriented
- Ability to analyze a variety of legal issues, synthesize complex information and assess legal risks
- Excellent verbal and written communication skills are required
- Demonstrated ability to self-start and work independently, and the desire and ability to work with a highly motivated team in a fast-paced environment
Nice to Have
- Compliance or regulatory skills a plus
- Working knowledge a plus in BSA/AML, CAN-SPAM, CCPA, CIP, ECOA, EFTA, FCRA, ID Theft/Red Flags, OFAC, TCPA, or UDAAP.
- Preferred to have experience in commercial business loans, merchant cash advance, line of credit, and/or credit card products.
- Capital markets / credit facility experience is a plus.
- Bank partnership program experience is a plus.
- Ability to use AI to assist/accelerate work a plus.
Team
Reports to: Chief Legal Officer
Additional Information
- Physical Demands: Working in a temperature controlled office environment
- Sitting at a desk for long periods of time while viewing multiple computer screen monitors
- Potential lifting of boxes around 25lbs
- Minimum of 3 days a week in either the San Diego or Atlanta office.
