Product and Regulatory Legal Director
Dave is a financial technology company.
Funding history
About Dave Operating LLC
Dave Operating LLC operates Dave, a consumer-focused financial technology app designed to make banking and cash management more accessible. Its products include ExtraCash, which provides eligible members up to $500 through an overdraft service; Dave Checking, with direct deposit, debit-card spending, early paycheck access, ATM access, and budgeting tools; and Goals accounts for organizing and tracking savings. Dave serves individual consumers, particularly people seeking help managing expenses between paychecks, and provides its services through a mobile application in partnership with FDIC-member banks.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will advise on financial product launches, payment capabilities, banking services, and product enhancements. You will guide regulatory decisions, negotiate agreements with financial institutions and technology providers, provide counsel on banking and payments matters, monitor regulatory developments, and build scalable legal processes.
Requirements
- J.D. from an accredited law school and active state bar membership in good standing
- 7–10 years of relevant legal experience in consumer financial services, fintech, banking, or related regulatory practice
- Expertise in consumer banking and payments regulations
- Knowledge of Regulation E, NACHA rules, card network requirements, BSA/AML, and state money transmission laws
- Knowledge of FCRA/FACTA, SCRA/MLA, FDCPA, FDIC insurance requirements, and GLBA/Regulation P
- Experience advising on state licensing, regulatory change management, and banking or lending operations
- Ability to evaluate complex legal issues, negotiate commercial agreements, and provide business-oriented counsel
Responsibilities
- Advise on product launches, payment capabilities, banking services, and product enhancements
- Provide strategic counsel on consumer financial regulations, state licensing, payments, bank partnerships, and regulatory requirements
- Draft, review, and negotiate commercial agreements with financial institutions, payment processors, fintech partners, and technology providers
- Serve as a subject matter expert on BaaS, NACHA rules, payment networks, BSA/AML, fraud, privacy, and consumer servicing
- Monitor regulatory developments and translate requirements into business recommendations
- Build scalable legal processes and improve regulatory monitoring using technology, AI, and outside counsel
Benefits
- Flexible hours
- Virtual-first work culture
- Home office stipend
- Medical insurance
- Dental insurance
- Vision insurance
- Paid parental and caregiver leave
- 401(k) plan with matching contributions
- Financial advisor and financial wellness support
- Flexible PTO
- Company holidays including Juneteenth and Winter Break
- All-company in-person and virtual events
