Director, Product & Regulatory 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.

Oportun is looking to expand its world-class and highly experienced Product & Regulatory team responsible for serving as a strategic partner and providing sound legal advice to a mission-driven Company that offers affordable and credit building products. The position will provide legal advisory support for legal matters relating to origination of Oportun’s unsecured and auto secured installment products. In this role, the Product & Regulatory Lawyer will report to the Lead Product & Regulatory Lawyer, and will work closely with Oportun’s Compliance officers, executive business partners and operational teams to drive compliant loan originations, including loan documentation, omnichannel application flows, and pricing.  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.

• Act as trusted advisor to the business in providing consumer finance legal advisory support across multiple products and an expanding business model, with a focus on the origination of unsecured and auto secured lending products through different channels including online, telesales and retail locations.
• Support the origination of all loan products and the creation of a low-touch/no-touch application flow to reduce customer friction while maintaining legal, business, bank partner and regulatory requirements.
• Evaluate and support options to offer new lending products and partnerships that further the corporate mission in all 50 states
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• Work closely with senior business leaders, including product owners, data engineers, IT, Operations, Risk Management, Customer Experience, Marketing, and others. …