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Director, Product & Regulatory Counsel

Posted Jul 11
Full Time


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


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
  • Work closely with senior business leaders, including product owners, data engineers, IT, Operations, Risk Management, Customer Experience, Marketing, and others.
  • Research, track and report on federal and state legal developments related to the products within the scope of the role, staying abreast of current legal developments and trends to determine potential impact or risks.
  • Communicate relevant items to business partners and analyze impact of any changes in the legal/regulatory landscape on the business strategy for areas of responsibility.
  • Work with commercial attorneys to review third-party service provider agreements, including agreements with outsourced and/or offshored service providers, to ensure compliance with CFPB standards, internal guidelines, bank-partner standards and applicable law.


  • Candidate must have a Juris Doctorate (J.D.) degree and be qualified to practice law in a United States jurisdiction.
  • At least 8-10 years’ experience as an attorney, with at least 5 years’ experience in consumer financial services lending law, and at least 3 years’ experience advising on product and loan originations. In-house experience strongly desired.
  • In-depth knowledge of federal and state laws governing bank partner consumer lending, including consumer protection regulations, including, but not limited to, TILA, FCRA, FACTA, ECOA, UDAAP, and FDCPA.
  • Excellent written and verbal communication skills to effectively communicate with regulators and internal stakeholders.
  • Ability to manage multiple conflicting priorities set by the business while still meeting internal department goals.
  • Effective written, interpersonal and communication skills with the ability to work as part of a team involving staff, clients and outside agencies.
  • Ability to persuade and influence management at all levels, including executive management.
  • Strong organizational skills, attention to detail and positive professional attitude.
  • Fluency in Spanish is a plus.
  • Ability to travel approximately about 10% of the time

The US base salary range for this full-time position is $150,400 - $240,600

The base salary offer will be determined based on individual job-related factors such as the candidate’s experience, skills, and work location. 

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 our comprehensive competitive benefits package. 

To learn more, visit our benefits page. Oportun 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.

California applicants can find a copy of Oportun's CCPA Notice here:

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).