Director, Regulatory Counsel (R14354)

Oportun; United States; Remote; USD 158,000 - 253,000; Full time

Benefits offered by this job

401(k) including company match

Flexible PTO

Life Insurance

Job summary

Oportun is seeking a seasoned regulatory lawyer to lead multi-state licensing and regulatory examination programs. You will partner with senior leadership to navigate true-lender considerations and privacy/fintech issues, ensuring regulatory readiness and practical risk management across direct-lending and fintech bank partnerships.

You will drive licensing strategy, coordinate with regulators, and guide teams through evolving regulatory landscapes while integrating AI tools to boost efficiency

Qualifications

• 12+ years of legal experience in financial services.
• Experience independently managing multi-state licensing processes including NMLS filings and regulatory reporting.
• Juris Doctor degree and admission to practice in at least one U.S. jurisdiction.
• Strong knowledge of privacy and fintech regulatory issues.
• Proficiency with AI tools to improve productivity.

Responsibilities

• Own multi-state licensing program research, applications, renewals, and regulatory reporting.
• Lead licensing and regulatory examination processes and coordinate with regulators.
• Monitor regulatory developments and advise senior leaders on risks and actions.
• Review policies, procedures, and marketing for regulatory compliance.
• Provide leadership reporting on licensing, examinations and regulatory activities.

Skills

Regulatory law

NMLS filings

Executive advising

AI tools proficiency

Licensing strategy

Education

Juris Doctor (J.D.)

Job description

Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $22.7 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually.

The Opportunity

This role provides dedicated legal leadership for Oportun’s multi-state licensing and regulatory examination program, regulatory tracking and reporting and serves as regulatory counsel for the Set & Save product. Success in year one means establishing strong ownership of licensing, reporting, exams and regulator relationships, while providing practical legal guidance that helps the business operate and grow Set & Save within an evolving regulatory landscape.

At Oportun, we move fast and we hold each other to a high bar. If you care about doing your best work while actually moving the needle for real people, you'll fit right in.

What You'll Do

• You'll own Oportun’s multi-state licensing program, researching and determining licensing requirements across Oportun’s direct-lending and fintech bank partnership models, and leading applications, renewals, maintenance and related regulatory reporting.
• You'll lead the licensing and regulatory examination process, including coordinating responses, gathering information from business partners, tracking obligations and issues to resolution, and working directly with state regulators as appropriate.
• You'll monitor legal and regulatory developments affecting both areas of responsibility—including state licensing requirements and true-lender laws—and advise senior leaders, Legal and Compliance partners, and business stakeholders on risk, implications and needed action.
• You'll review and advise on policies, procedures, marketing and operational practices; support regulatory change implementation; and identify opportunities to strengthen processes and reduce regulatory risk.
• You'll provide leadership reporting on licensing, examinations and regulatory reporting, manage priorities across a complex portfolio, and directly manage and develop one paralegal supporting these activities.
• You'll advise Set & Save product and business owners on the application of federal and state laws and regulations, including requirements related to subscription services, privacy, UDAAP, TCPA and product marketing.

Who You Are

The right fit looks like this

• You're a pragmatic regulatory lawyer who can move comfortably between detailed licensing requirements, complex regulatory questions and strategic business conversations.
• You bring sound judgment, communicate clearly with senior leaders and regulators, and know how to turn changing legal requirements into practical action for the business.
• You're comfortable navigating complexity and don't wait for perfect information to move forward.
• You communicate clearly, give direct feedback, and expect the same in return.

What You Bring

Skills & experience

Required

• 12+ years of legal experience in financial services, with substantial experience advising on consumer financial services regulatory matters.
• Demonstrated experience independently managing multi-state licensing processes, including NMLS filings, license applications, renewals, maintenance, regulatory reporting and related requirements.
• Experience with NMLS and state licensing requirements, strong knowledge of privacy and fintech regulatory issues, and the ability to interpret and apply federal and state consumer financial services laws.
• Skilled in using AI tools (ChatGPT, Copilot, or similar) to improve your own productivity
• Juris Doctor (J.D.) degree and admitted and in good standing to practice law in at least one U.S. jurisdiction.

Nice to Have

• Experience working with bank partnership models, including fintech programs operated through bank partnerships.
• Experience supporting or leading state regulatory examinations and interacting with state regulators.
• Spanish fluency, written and verbal.

Our AI Mindset

We build with AI. We lead with judgment.

AI isn't a feature here. It's how we work.

We're excited about what AI makes possible, and we're looking for people who share that curiosity. You don't need to be an expert. You need to be open to experimenting , willing to learn, and able to apply new tools in ways that actually move the needle.

In this role, you'll be encouraged to explore AI tools, find practical use cases for your function, and bring ideas for working smarter. We believe the best outcomes come when human judgment and AI capability work together.

Why Oportun

What's in it for you

Oportun offers a competitive compensation and benefits package designed to support your physical, financial, and professional well-being. Benefits vary by country of employment.

Some of the benefits available to eligible employees include:

• 401(k) including company match
• Flexible PTO and Parental Leave
• Company-paid Life & Disability Insurance

Eligibility and plan details vary by location and employment status. To learn more about Oportun and our benefits, visit oportun.com/careers

The US salary range for this full-time position is $ 158,200 - $ 253,100

Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects a national minimum and maximum range for new hire salaries for this position.

Within this range, individual pay is determined by work location and additional factors, such as job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range that meets your criteria during the hiring process.

Please note that the compensation range listed in this posting reflects only the base salary for this position and does not include other compensation elements or benefits.

We are proud to be an Equal Opportunity Employer and consider all qualified applicants for employment opportunities without regard to race, age, color, religion, gender, national origin, disability, sexual orientation, veteran status or any other category protected by the laws or regulations in the locations where we operate.

We will never request personal identifiable information (bank, credit card, etc.) before you are hired. We do not charge you for pre-employment fees such as background checks, training, or equipment. If you think you have been a victim of fraud by someone posing as us, please report your experience to the FBI’s Internet Crime Complaint Center (IC3).