Associate General Counsel New Oakland, CA

Credit Karma, Inc.; Oakland (CA); On-site; USD 320,000 - 352,000; Full time

Job summary

A leading financial services company seeks an Associate General Counsel to provide legal guidance on payment and loan products. The ideal candidate will have extensive experience in financial services law and excellent communication skills. Join a dynamic team at the forefront of financial innovation, working collaboratively to ensure compliance and mitigate legal risks.

Benefits

Medical and Dental Coverage

Retirement Plan

Wellness perks

Paid Time Off

Paid Gift Week in December

Qualifications

• Minimum of 10-12 years of relevant legal experience.
• Strong understanding of financial services law and regulations.

Responsibilities

• Provide legal counsel on payment and loan products.
• Advise on federal and state laws applicable to payment processing and lending.
• Draft and negotiate commercial agreements.

Skills

Communication

Negotiation

Problem Solving

Education

Juris Doctor (JD)

Job description

Intuit Credit Karma is a mission-driven company, focused on championing financial progress for our more than 140 million members globally. While we're best known for pioneering free credit scores, our members turn to us for everything related to their financial goals, including identity monitoring, applying for credit cards, shopping for insurance and loans (car, home and personal) and savings accounts and checking accounts* – all for free. Credit Karma has grown significantly through the years: we now have more than 1,700 employees across our offices in Oakland, Charlotte, Culver City, San Diego, London, Bangalore, and New York City.

*Banking services provided by MVB Bank, Inc., Member FDIC

The Associate General Counsel will be a critical member of the legal department, responsible for providing legal advice and support across the company's payment and loan product lines. This role will involve a broad range of legal and regulatory matters, requiring a strong understanding of financial services law, consumer protection regulations, and the Fintech landscape. The ideal candidate will be a proactive problem-solver with excellent communication and negotiation skills, capable of working independently and collaboratively with cross-functional teams.

This is an exciting opportunity to join a dynamic company at the forefront of financial innovation and make a significant impact on its continued growth and success. If you are a skilled and passionate legal professional with a strong background in payments and lending within the Fintech space, we encourage you to apply.

Key Responsibilities:

• Provide expert legal counsel and guidance to the company's business units on all aspects of its payment and loan products, from development and launch to ongoing operations and compliance.
• Advise on federal and state laws and regulations applicable to payment processing (e.g., EFTA, NACHA rules, card network rules), lending (e.g., TILA, FCRA, ECOA), and consumer protection (e.g., UDAAP, TCPA, CAN-SPAM).
• Develop, review, and update terms and conditions, disclosures, policies, and procedures related to payment and loan products to ensure compliance and mitigate legal risks.
• Draft, review, and negotiate a wide range of commercial agreements, including partnerships with financial institutions, technology vendors, and other service providers.
• Advise on regulatory inquiries, examinations, and enforcement actions related to payment and lending activities.
• Monitor and analyze new and evolving legislation, regulations, and industry trends in the Fintech and financial services space, providing proactive guidance on potential impacts to the company's products and operations.
• Collaborate with compliance, risk, product, engineering, and other internal teams to ensure legal considerations are integrated into product development and business strategies.
• Manage and instruct external legal counsel as needed.
• Develop and deliver training to internal stakeholders on relevant legal and regulatory matters.
• Assist the General Counsel on various legal projects and initiatives.

Skills and Qualifications:

• Juris Doctor (JD) degree from an accredited law school.
• Admission to the bar of at least one US state (preferably California).
• Minimum of 10-12 of relevant legal experience, with a significant focus on financial services law, particularly in the areas of payments and lending.
• In-depth knowledge of federal and state regulations governing payment processing and lending, including but not limited to:
• Electronic Fund Transfer Act (EFTA) and Regulation E
• Truth in Lending Act (TILA) and Regulation Z
• Fair Credit Reporting Act (FCRA) and Regulation V
• Equal Credit Opportunity Act (ECOA) and Regulation B
• Unfair, Deceptive, or Abusive Acts or Practices (UDAAP)
• Telephone Consumer Protection Act (TCPA)
• CAN-SPAM Act
• NACHA Operating Rules
• Card network rules (e.g., Visa, Mastercard, American Express)
• State-specific lending and consumer protection laws
• Strong understanding of the Fintech and neo banking landscape, including emerging payment technologies and alternative lending models.
• Experience drafting and negotiating complex commercial agreements.
• Excellent legal research, analytical, and problem-solving skills.
• Exceptional written and verbal communication skills, with the ability to explain complex legal concepts clearly and concisely to non-legal stakeholders.
• Proven ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
• Strong business acumen and the ability to provide practical and strategic legal advice.
• Excellent interpersonal and collaboration skills, with the ability to build effective working relationships across the organization.
• Experience working in-house at a Fintech company or financial institution is highly preferred.
• Familiarity with privacy laws (e.g., CCPA, GDPR) and data security regulations is a plus.
• Experience with regulatory interactions and enforcement matters is beneficial.

Benefits at Credit Karma includes:

• Medical and Dental Coverage
• Retirement Plan
• Wellness perks
• Paid Time Off (Vacation, Sick, Baby Bonding, Cultural Observance, & More)
• Paid Gift Week in December

Pay Transparency Notice:

Credit Karma’s mission of championing financial progress for all starts from within. That’s why we implemented role-based compensation, which ensures people who are in the same role receive the same pay with variations for geographic location only. It’s all part of a more comprehensive DEI strategy that helps level the playing field. The base salary range for this role is $320,000 - $351,875, plus equity and benefits.

Credit Karma is proud to be an Equal Employment Opportunity Employer. We welcome all candidates without regard to race, color, religion, age, marital status, sex (including pregnancy, childbirth, or related medical condition), sexual orientation, gender identity or gender expression, national origin, veteran or military status, disability (physical or mental), genetic information or other protected characteristic. We prohibit discrimination of any kind and operate in compliance with applicable fair chance laws.

Credit Karma is also committed to a diverse and inclusive work environment because it is the right thing to do. We believe that such an environment advances long-term professional growth, creates a robust business, and supports our mission of championing financial progress for everyone. We offer generous benefits and perks with a single eye to nourishing an inclusive environment that recognizes the contributions of all and fosters diversity by supporting our internal Employee Resource Groups. We’ve worked hard to build an intensely collaborative and creative environment, a diverse and inclusive employee culture, and the opportunity for professional growth. As part of the Credit Karma team, your voice will be heard, your contributions will matter, and your unique background and experiences will be celebrated.

Credit Karma is strongly committed to protecting personal data. Please take a look below to review our privacy policies:

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