Product Counsel

About Us

At ClarityPay, we're redefining consumer finance with smart, adaptive lending solutions that make financial clarity and affordable credit accessible to all. Based in NYC, our fast-growing fintech empowers enterprise merchants with configurable “Pay Over Time” tools—from point-of-sale financing to loyalty-integrated BNPL offers. We solve complex credit challenges with speed, precision, and intelligence—combining deep expertise with advanced tech to deliver better outcomes, every time. Our values guide everything we do: we put merchants first, stay data-driven, always know the why, learn relentlessly, and win together as a team. This clarity of purpose fuels our commitment to delivering exceptional customer experiences at speed and scale.

About the Role

This is a foundational hire for the legal and compliance team of a rapidly growing fintech, and it comes with built-in opportunity for professional growth and development. This will be a broad-based role, focused primarily on regulatory and operational matters, along with commercial contracting support. This is an ideal opportunity for a rock-solid financial services regulatory attorney with a desire to become an in-house generalist. It could also be a great match for a fintech generalist that wants to develop subject matter expertise in the lending space.

Preference for candidates near our headquarters in New York, NY or the Minneapolis/St. Paul metropolitan area. Limited travel is expected, primarily for corporate gatherings and industry conferences. This role will report to the Chief Legal & Compliance Officer.

Responsibilities

• Serve as an in-house subject matter expert on the consumer and small business lending regulations, tracking relevant changes and directives that may impact the company or our partners.
• Take a lead role in establishing regulatory requirements for new product development and implementation.
• Support the ClarityPay team with accurate and pragmatic regulatory advice and in-depth legal risk assessments relevant to the company’s development and launch of new financial products.
• Support compliance and customer service teams on the resolution of inquiries and complaints from customers and regulators.
• Support compliance, business development, customer service, and other internal stakeholders in fielding legal and regulatory questions.
• Provide legal support for ClarityPay’s Compliance and Operational Risk Program.
• Support commercial contracting efforts with merchants and vendors.
• Collaborate on the development and improvement of internal policies, procedures, and processes.
• Project-manage various key legal and compliance projects.
• Support or own other legal projects as determined by the Chief Legal & Compliance Officer.

Requirements

• JD from a top tier law school and a license to practice in good standing in primary state of residence.
• 7+ years total legal experience.
• At least 2 years of law firm experience.
• Deep experience advising clients on consumer financial services matters.
• Contract drafting and negotiation experience.
• Strong legal research skills.
• Strong written and verbal communication skills.
• Ability to learn and leverage new technology quickly and effectively, including hands-on experience leveraging modern AI tools for legal work.

Preferred Qualifications

• Prior experience in fintech lending.
• Broad legal experience covering regulatory, transactional, and dispute resolution matters.
• Prior experience performing in-depth legal risk assessments on consumer financial services regulations.
• Experience supporting the compliance function of a consumer lender or lending platform.
• Experience working with regulators to quickly and effectively resolve inquiries, complaints, or information requests.

Benefits

• Competitive compensation and equity package.
• Comprehensive benefits (medical, dental, vision).
• Collaborative office culture with a strong product mindset.
• Opportunities to grow, lead, and shape the future of consumer finance.
• 401k program with employer match.

Pay

Salary Range: $180,000 to $220,000 per year. Salary range is an approximation and will depend on market data applied to factors like the candidate’s skills and experience, geographic location, and compensation/equity mix.