Financial Products Counsel

Verizon; Basking Ridge (NJ); On-site; USD 161,000 - 280,000; Full time

Benefits offered by this job

Health benefits

401(k) matching

Vacation and personal days

Tuition assistance

Job summary

Verizon seeks an experienced lawyer to support its financial products and services, including device payment initiatives and the Verizon Visa Card. The role requires strong judgment, interpersonal skills, and the ability to work quickly both independently and with teams.

Ideal candidates will have a JD, 6+ years of relevant experience, and familiarity with CFPB, ECOA, FCRA, TILA, and UDAAPs. This hybrid role includes remote work and in-office collaboration three+ days per week in New Jersey.

Qualifications

• JD required and must be licensed to practice law.
• Six or more years of relevant experience in financial products or related fields.
• Ability to navigate regulatory and compliance matters with judgment.

Responsibilities

• Advise on device payment initiatives and regulatory filings.
• Act as primary product lawyer for Verizon’s financial products, including the Visa Card and Openbank partnership.
• Evaluate legal changes impacting consumer financial products.
• Collaborate with internal teams to train and communicate on compliance requirements.
• Draft and negotiate agreements with third-party financial and insurance partners.
• Review marketing materials and disclosures for accuracy and compliance.

Skills

Problem solving

Written & oral communication

Time management

Team collaboration

Education

Juris Doctor (JD)

Job description

When you join Verizon

You want more out of a career. A place to share your ideas freely - even if they're daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love - driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together - lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the #VTeamLife.

What you'll be doing...

Verizon is looking for an experienced and talented lawyer to support its financial products and services. The right candidate must be a skilled and seasoned lawyer with excellent judgment and interpersonal and communication skills who is interested in taking on a wide variety of projects and working at a fast pace, both independently and as a collegial team member.

Key responsibilities will include:

• Supporting Verizon's device payment program by advising on new initiatives, managing regulatory, licensing, and related filings and applications, and responding to regulatory examinations.
• Serving as the primary product lawyer for Verizon's other financial products and services, including the Verizon Visa Card and Verizon's promotional partnership with Openbank.
• Evaluating impacts of changes to state and federal laws that impact financial products and services.
• Working with internal partners in both Verizon Consumer Group and Verizon Business Group to develop communications and training materials for device payment products and services to promote compliance with relevant requirements and mitigate risk.
• Negotiating and drafting agreements, amendments, and side letters with third-party financial and insurance partners.
• Maintaining processes for reviewing marketing materials and disclosures.

What we're looking for...

You'll need to have:

• JD Degree
• Six or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience, or specialized training.

Even better if you have one or more of the following:

• Familiarity with Consumer Financial Protection Bureau (CFPB) rules and regulations, the Equal Credit Opportunity Act (ECOA) and Regulation B, The Fair Credit Reporting Act (FCRA) and Regulation V, the Truth in Lending Act (TILA) and Regulation Z, and prohibitions of unfair, deceptive or abusive acts or practices (UDAAPs) among others.
• Background in the financial services, fintech or credit card industry, including in the areas of compliance, payments, and card processing.
• Knowledge and substantive experience handling consumer credit card, lending, installment sales and/or other consumer financial products and services.
• Experience taking the initiative to develop, lead, and implement projects.
• Strong problem-solving skills.
• Strong written and oral communication skills.
• Ability to professionally manage time, prioritize multiple responsibilities, and process a high volume of work in a timely and accurate manner with a high attention to detail.
• Ability to work as part of a team but also act independently and autonomously when required.

Where you'll be working

In this hybrid role, you'll have a defined work location that includes working from home and a minimum of three days per week in the office, which will be set by your manager. Employees are responsible for maintaining compliance with hybrid work policies.

Scheduled Weekly Hours

40

Equal Employment Opportunity

Verizon is an equal opportunity employer. We evaluate qualified applicants without regard to veteran status, disability or other legally protected characteristics.

Benefits and Compensation

Our benefits are designed to help you move forward in your career, and in areas of your life outside of Verizon. From health and wellness benefit options including: medical, dental, vision, short and long term disability, basic life insurance, supplemental life insurance, AD&D insurance, identity theft protection, pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan, up to 8 company paid holidays per year and up to 6 personal days per year, paid parental leave, adoption assistance and tuition assistance, plus other incentives, we've got you covered with our award-winning total rewards package. Depending on the role, employees have the opportunity to receive compensation in the form of premium pay such as overtime, shift differential, holiday pay, allowances, etc. Newly hired employees receive up to 15 days of vacation per year, which grows with additional service. For part-timers, your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.

The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles, your compensation will be adjusted to reflect your hours. The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is: $161,000.00 - $280,000.00.