Senior Assistant General Counsel

The role:

SoFi is seeking an attorney with a strong background in financial regulation, with a focus on servicing and operations for a full suite of Consumer Financial Services Products, as Associate General Counsel. The role will provide legal counsel to SoFi’s Servicing and Operations platform in addition to providing counsel on other general legal matters for other parts of the SoFi enterprise, as required. The ideal candidate has a strong financial regulatory background, including prior experience with a law firm and/or as in-house counsel for a major financial institution.

What you’ll do: 

Provide Legal Advice and Support: Offer expert legal counsel to business units on matters related to loan servicing, deposit operations, payment processing, account management, collections, foreclosure, bankruptcy, and other operational aspects of the financial institution.

Regulatory Compliance: Advise on and ensure compliance with federal and state laws and regulations governing financial services operations, including but not limited to the Truth in Lending Act (TILA), Truth in Savings Act (TISA), Electronic Fund Transfer Act (EFTA), Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), Unfair, Deceptive, or Abusive Acts or Practices (UDAAP), and relevant state-specific regulations.

What you’ll need:

-You should be an intellectually curious self-starter with strong written and oral communication skills
-JD and membership in good standing in the applicable bar
-Minimum of 5 years financial services regulatory experience 
-Experience with consumer financial regulations, including Regulation V (Fair Credit Reporting Act), Regulation B (Equal Credit Reporting Act), Telephone -Consumer Protection Act, Military Lending Act, Servicemembers Civil Relief Act, Fair Debt Collection Practices Ac, Unfair, Deceptive or Abusive Acts or Practices, Regulation P (Privacy of Consumer Financial Information), Gramm-Leach-Bliley Act, and Regulation E (Electronic Funds Transfers Act).
-Familiarity with, or willingness to learn, U.S. bank regulatory law, including the Bank Holding Company Act, the Federal Reserve Act and the National Bank Act