Director, Business Development Counsel

ABOUT OPORTUN

Oportun (Nasdaq: OPRT) is a digital banking platform that puts its 2.2 million members' financial goals within reach. With intelligent borrowing and savings, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $17.8 billion in responsible and affordable credit, saved its members more than $2.3 billion in interest and fees, and helped our members save an average of more than $1,800 annually. For more information, visit Oportun.com.

WORKING AT OPORTUN

Working at Oportun means enjoying a differentiated experience of being part of a team that fosters a diverse, equitable and inclusive culture where we all feel a sense of belonging and are encouraged to share our perspectives. This inclusive culture is directly connected to our organization's performance and ability to fulfill our mission of delivering affordable credit to those left out of the financial mainstream. We celebrate and nurture our inclusive culture through our employee resource groups.

This position will be responsible for providing legal advisory and business support for Oportun’s expanded partnership channels, such as lead generation, Lending as a Service, embedded finance and bank partnership, through which Oportun offers consumer financing products. In this role, the Director, Business Development Counsel will report to the Sr. Director, Sr. Counsel- Business Development and Credit Card and collaborate closely with the Product and Legal Regulatory practice group as well as our compliance and operational teams.  This is an opportunity to work in a fast-paced, mission-driven organization where your contributions can have a meaningful impact on underbanked and unbanked consumers.

RESPONSIBILITIES

• Play an active role on the business teams, advising on partner initiatives and proposals, attending internal and partner team meetings and working closely with business leaders, including product owners, product managers, field staff, product delivery managers, and others.
• Draft, review and negotiate partner and vendor agreements.
• Advise on new business proposals and processes, identifying and providing counsel on legal and regulatory issues.
• Support on-boarding of new partners, third party risk management processes and partner due diligence.
• Provide ongoing legal support for partner programs, including operations matters, contract compliance, and review and analysis of relevant and legal regulatory issues. Develop working knowledge of Oportun’s consumer products, services and operations.
• Coordinate with Legal team members and departments in connection with, among other matters, regulatory, marketing, and contract review issues.
• Support compliance professionals; advise and assist in the design and implementation …