Legal

Product Counsel (Credit/CRA)

United States | Full-time

We analyze complex and novel legal issues for Plaid to enable innovation.

At Plaid, our mission is to unlock financial freedom for everyone.  There has never been a better time than now to start building the future of fintech with us. Plaid powers the tools millions of people rely on to live a healthier financial life. We work with thousands of companies like Venmo, SoFi, and Betterment, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. Plaid’s network covers 12,000 financial institutions across the US, Canada, UK and Europe. Founded in 2013, the company is headquartered in San Francisco with offices in New York, Washington D.C., London and Amsterdam. #LI-Remote

We are seeking a highly skilled and experienced Product Counsel to join our legal team, bringing expertise in advising on the Fair Credit Reporting Act (FCRA) and its application to consumer reporting agency operations. As a crucial member of Plaid’s new consumer reporting agency subsidiary, you will play a pivotal role in ensuring compliance and guiding the development of our cutting-edge products. Your insights and legal acumen will be instrumental in navigating the complex regulatory landscape and shaping the future of our offerings. You’ll operate as an embedded member of the product team and be trusted to be a key legal, business, and strategic advisor on complex legal, regulatory, and data privacy questions. 

The ideal candidate is highly collaborative, inquisitive, and solutions-oriented with prior experience advising at a consumer reporting agency.  This candidate will possess a deep understanding of the FCRA and its implications for consumer reporting, particularly within the fintech industry, and experience in collaborating with cross-functional teams to integrate legal requirements into product development processes. 

We are looking for a proactive individual who thrives in a fast-paced environment and is passionate about driving innovation while maintaining regulatory compliance. If you’re interested in a forward-thinking role within an ambitious and dynamic company, and pride yourself on seeing around corners and connecting dots, we’d love to talk to you!

Responsibilities:

  • Provide expert legal advice and guidance on Fair Credit Reporting Act (FCRA) compliance matters related to consumer reporting agency activities
  • Collaborate with cross-functional teams, including product, engineering, compliance, and product marketing to integrate legal considerations into the product lifecycle
  • Assist go-to-market and commercial counsel in deals, ensuring legal compliance and mitigating potential risks
  • Stay abreast of changes in relevant laws and regulations, and ensure proactive adjustments to company policies and procedures
  • Draft and review legal documents and disclosures related to consumer reporting and data protection
  • Work closely with external legal counsel when necessary and represent the company in regulatory discussions

Qualifications:

  • Juris Doctor (JD) degree from an accredited law school with an active license to practice law 
  • Minimum of 5 years of legal experience, with a focus on FCRA compliance and consumer reporting agency operations
  • Prior experience with consumer reporting agencies
  • Familiarity with regulatory examinations, ability to navigate and successfully respond to inquiries from regulatory bodies
  • Strong understanding of consumer protection rules and regulations, including UDAAP and GLBA, and data protection and privacy laws
  • Excellent communication and collaboration skills
  • Proven ability to provide practical and strategic legal advice to cross-functional team
  • Good sense of humor with a strong desire to grow and learn

Target base salary for this role is between $179,280 and $267,840 per year. Additional compensation in the form(s) of equity and/or commission are dependent on the position offered. Plaid provides a comprehensive benefit plan, including medical, dental, vision, and 401(k). Pay is based on factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience and skillset, and location. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.
Our mission at Plaid is to unlock financial freedom for everyone. To support that mission, we seek to build a diverse team of driven individuals who care deeply about making the financial ecosystem more equitable. We recognize that strong qualifications can come from both prior work experiences and lived experiences. We encourage you to apply to a role even if your experience doesn't fully match the job description. We are always looking for team members that will bring something unique to Plaid!

Plaid is proud to be an equal opportunity employer and values diversity at our company. We do not discriminate based on race, color, national origin, ethnicity, religion or religious belief, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, military or veteran status, disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local laws. Plaid is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance with your application or interviews due to a disability, please let us know at accommodations@plaid.com.

Please review our Candidate Privacy Notice here.

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