Regulatory Product Counsel

About the role

Lead Bank is a banking infrastructure platform trusted by innovative companies to power complex financial products. The Legal team offers professionals the opportunity to work across nearly every part of the business, from contracts to overseeing regulatory change in a developing environment. Team members are highly autonomous and deeply collaborative, enabling broad context, meaningful impact, and influence on big company decisions.

Responsibilities

• Provide legal and regulatory guidance for the Bank’s BaaS initiatives, including federal and state consumer lending and payments laws and regulations (TILA, ECOA, EFTA, FCRA, etc.), as well as privacy and information security.
• Provide legal and regulatory guidance to clients and internal teams for the Bank’s Payments initiatives, including federal and state consumer payments laws and regulations (EFTA, NACHA, GLBA, UDAAP, crypto, money transmission licensing, card network rules, etc.).
• Advise cross-functional teams on the application of consumer financial laws and related regulatory requirements in fintech environments, including consumer and commercial lending, deposit, payments, and hybrid products.
• Assess how product changes affect legal risk, operational controls, partner obligations, and required stakeholder approvals.
• Track legal and regulatory developments that may affect Lead’s BaaS and payments programs and help translate those developments into practical internal guidance.
• Help build scalable review processes, playbooks, and documentation that improve consistency and efficiency across the legal function.
• Perform other duties as assigned.

Requirements

• J.D. and active membership in good standing in at least one state bar.
• Approximately 6+ years of relevant legal experience in banking, fintech, payments, consumer financial services, or a comparable regulatory practice.
• Ability to understand, interpret, and apply banking and payments laws to novel products, partner models, and technology-enabled services.
• Experience reviewing or advising on consumer-facing product terms, disclosures, policies, or workflows.
• Strong legal judgment, analytical rigor, and comfort balancing legal, regulatory, operational, and business considerations.
• Strong communication skills and the ability to work cross-functionally with legal and non-legal stakeholders.
• Practical, collaborative approach and willingness to build processes in a fast-moving environment.
• Comfort leveraging AI tools to increase productivity and accuracy.
• Intellectual curiosity, ownership mentality, and comfort operating in an environment where structures continue to evolve.
• Payment systems: Familiarity with operational and disclosure mechanics around how money movement products work including ACH, wires, card rails, FedNow, RTP preferred.
• Stablecoins/Crypto: Familiarity with stablecoin- or crypto-enabled payment programs preferred.
• Prepaid products: Familiarity with prepaid account and prepaid debit-card programs, including customer agreements, disclosures, error-resolution rights, and funds access preferred.

Benefits

• Competitive compensation based on experience, geographic location, and role.
• Medical, dental, vision, life, 401k matching, and other wellness benefits.
• Flexible vacation policy.
• A challenging and fulfilling opportunity to join an extremely experienced team in fintech.
• A fun team environment where your career will be supported.

Pay

• Zone 1: $176,000 - $200,000 (SF/Bay Area, NYC, Seattle)
• Zone 2: $166,000 - $195,000 (Los Angeles, Chicago, Austin, Denver, Boston, Washington DC, San Diego, Philadelphia, Portland, Sacramento, Miami)
• Zone 3: $150,000 - $180,000 (Other US Metros)