Attorney, Regulatory Compliance & Privacy

PSCU/Co-op Solutions is now Velera! PSCU and Co-op Solutions became a single entity on January 2, 2024, and our new company name was announced on May 7, 2024. Our new brand represents our combined company’s shared mission and unique ability to drive velocity and positive momentum for credit union success in a new era of financial services.

Day in the Life

• Review, draft and negotiate a wide variety of sophisticated commercial contracts, such as vendor/procurement, sales/service, and non-disclosure agreements, including ensuring alignment with regulatory compliance and privacy requirements
• Advise various internal departments regarding contract terms, regulatory compliance, privacy, and ACH requirements, and implications on business operations, including providing guidance and practical solutions while ensuring compliance with applicable regulations
• Assist senior internal counsel and management with matters including legal, regulatory, and privacy-related research projects and commercial and consumer disputes
• Draft and respond to demand letters related to compliance, privacy, and contract matters
• Assist management and Compliance and Privacy team in developing and maintaining comprehensive compliance and privacy programs to ensure compliance with relevant laws and regulations
• Provide advice, guidance and insight to Senior Management and staff personnel on emerging compliance and privacy risks and consult and guide the company in establishment of controls to mitigate risk
• Remain current and knowledgeable about applicable legislation and regulations, as well as pending legislation and administrative regulations pertinent to the company.
• Provide counsel to other departments in interpretation and training with respect to laws, rules, regulations, and contracts so as to minimize compliance and privacy risks
• Ensure that company-wide policies and procedures, on matters for which General Counsel is responsible, are applied in full recognition of all legal implications and risks
• Ability to travel as needed to successfully perform position responsibilities, and handle disruptive work schedules, deadlines, and unpredictable events

Education

• Undergraduate Degree and JD Degree (from ABA accredited law school) required.
• Admission to a state bar with an active membership in good standing required.

Experience

• Three (3) years experience as a practicing attorney with compliance and/or privacy experience, including drafting and negotiating a wide range of contracts.
• Experience within a corporate legal environment preferred.
• Previous compliance and privacy-related contract experience is preferred.
• Experience working in the financial services, fintech or banking sector is preferred.
• ACH and payment network experience preferred.

Knowledge, Skills, & Abilities

• Demonstrate behaviors based on Velera values: Belonging, Collaboration, Curiosity, Dedication, and Integrity.
• A thorough knowledge and understanding of all compliance, regulatory, and privacy requirements applicable to the credit card, debit card, and consumer finance industry; including but not limited to Federal laws and regulations.
• Experience reviewing, revising and drafting policies and procedures to ensure compliance with compliance and privacy requirements, including, extracting information and completing forms and performing quality assurance audits pursuant to standard checklists.
• Ability to communicate effectively and in a clear, concise manner in both verbal and written formats with individuals or groups and give presentations utilizing various audio/visual support aids.
• Ability to project a polished and professional demeanor and have the ability to handle confidential matters with utmost integrity.
• Ability to establish relationships and rapport with all levels of personnel, executive management, peers, attorneys, vendors, clients, and members.
• Ability to manage multiple projects, work in fast-paced environment, and meet deadlines
• Ability to exercise discretion and good judgment in making decisions.
• Proficiency in word processing and spreadsheet computer software applications.
• Ability to travel as needed to successfully perform position responsibilities, and handle disruptive work schedules, deadlines and unpredictable events.

About Velera

At Velera we are committed to fostering a workplace where every employee feels valued, respected, and connected. We understand, attract and engage a diverse workforce where every employee can live up to their full potential; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. We strive to foster a safe and inclusive work environment for people to bring their authentic selves in order to build a better community within our company and with our partners.   Learn more about our commitment to Diversity, Equity, and Inclusion HERE!

Pay Equity

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Actual Pay will be adjusted based on experience and other job-related factors permitted by law.

Great Work/Life Benefits!

• Competitive wages

• Medical with telemedicine

• Dental and Vision

• Basic and Optional Life Insurance

• Paid Time Off (PTO)

• Maternity, Parental, Family Care

• Community Volunteer Time Off

• 12 Paid Holidays

• Company Paid Disability Insurance

• 401k (with employer match)

• Health Savings Accounts (HSA) with company provided contributions

• Flexible Spending Accounts (FSA)

• Supplemental Insurance

• Mental Health and Well-being: Employee Assistance Program (EAP)

• Tuition Reimbursement

• Wellness program

• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following "EEO is the Law" Poster and the "EEO is the Law" Poster Supplement. Velera will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty to furnish information.

Velera is an E-Verify Employer. Review the E-Verify Poster here (English and Spanish). For information regarding your Right To Work, please click here (English and Spanish poster).

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at recruiters@pscu.com for assistance.