About this role
Who we are:
Dave is one of the leading US neobanks and a pioneer in financial services, using disruptive technology to provide best in class banking services to millions of members at a fraction of the cost compared to incumbents. The anchor of our banking value proposition, ExtraCash, provides up to $500 of short term, interest free advances to members within minutes of joining. The speed to value, access and pricing of ExtraCash compared to traditional overdraft sets us apart from incumbents and is a key to our strategy to efficiently acquire transacting Dave debit card members.
About the team and role:
We are seeking an experienced Consumer Litigation and Regulatory Legal Director to lead our legal response strategy for consumer disputes and regulatory matters. This senior I/C role will report to the Chief Legal Officer and be responsible for managing all aspects of consumer litigation, responding to regulatory inquiries and enforcement actions from federal and state agencies, and developing proactive strategies to minimize litigation and regulatory enforcement risk across our fintech products and services. This role will also handle other types of litigation and disputes involving Dave on an as needed basis.
What you’ll do:
Litigation Management
Oversee all consumer litigation matters, including escalated disputes, individual lawsuits, class actions, and mass and individual arbitration proceedings
Develop and execute defense strategies in coordination with outside counsel
Engage and manage outside counsel relationships, including staffing, strategy, work product, day-to-day case activity, and budget monitoring to effectively and efficiently represent Dave
Prepare and report on these matters to a variety of stakeholders including management and the board of directors
Manage insurance claims related to litigation
Analyze litigation trends to identify systemic issues and recommend operational improvements
Serve as primary point of contact for litigation holds and discovery processes
Handle minor non-consumer focused litigation matters as needed (HR, SEC, IP, etc)
Regulatory Response and Compliance
Lead responses to inquiries, investigations, and help with escalated issues from examinations from regulatory agencies including the CFPB, FTC, state attorneys general, state financial regulators, and other relevant authorities
Coordinate with data, product, and operations teams to gather information and prepare comprehensive responses to regulatory discovery requests
Develop and maintain relationships with regulatory agencies to facilitate constructive dialogue
Strategic Leadership
Work with a high-performing team of attorneys and legal professionals; although this role will not have direct reports initially, there are paralegal and compliance resources that the role will indirectly manage to accomplish their objectives
Partner with compliance, risk, product, and customer service teams to identify and mitigate emerging legal risks
Design and implement policies, procedures, and training programs to reduce litigation and regulatory exposure
Provide strategic counsel to senior leadership on consumer litigation and regulatory enforcement action trends
Represent the company in settlement negotiations and alternative dispute resolution proceedings
QualificationsRequired
J.D. from an accredited law school and active bar membership in good standing
7-10+ years of legal experience with at least 5 years focused on consumer financial services litigation and regulatory matters
Deep knowledge of consumer lending and deposit/overdraft products, payments, and fintech related businesses and legal and regulatory issues
Extensive knowledge consumer financial services protection laws, including TILA, TISA, EFTA, FCRA, GLBA, UDAAP, ROSCA (and related regulations) and state consumer protection statutes
Proven experience managing litigation and responding to regulatory inquiries from agencies such as the CFPB, FTC, state AGs, and state financial regulators
Strong leadership experience with demonstrated ability to communicate with internal and external stakeholders of all levels
Exceptional written and oral communication skills
Strategic mindset with ability to balance legal risk against business objectives
Preferred
Experience in fintech, digital banking, payments, or financial services technology
Prior experience with class action litigation defense
Background in both law firm and in-house roles
Experience with alternative dispute resolution and arbitration programs
Skills and CompetenciesStrategic thinking and problem-solving in high-stakes, fast-moving environments
Excellent judgment and ability to assess risk and make sound recommendations
Strong negotiation and advocacy skills
Ability to translate complex legal concepts for non-legal senior stakeholders
Project management capabilities and attention to detail
Collaborative approach with ability to influence across organizational levels
Adaptability and comfort with ambiguity in an evolving regulatory landscape
Don’t let imposter syndrome get in your way of an incredible opportunity. We’re looking for people who can help us achieve our mission and vision, not just check off the boxes. If you’re excited about this role, we encourage you to apply. You may just be the right candidate for this or other roles.
Why you’ll love working here:
At Dave, our people are just as important as our product. Our culture is a reflection of our values that guide who we are, how we work, and what we aspire to be. Daves are member centric, helpful, transparent, persistent, and better together. We strive to create an environment where all Daves feel valued, heard, and empowered to do their best work. As a virtual first company, team members can live and work anywhere in the United States, with the exception of Hawaii.
A few of our benefits & perks:
💚 Opportunity to tackle tough challenges, learn and grow from fellow top talent, and help millions of people reach their personal financial goals
💻 Flexible hours and virtual first work culture with a home office stipend
🏥 Premium Medical, Dental, and Vision Insurance plans
👶 Generous paid parental and caregiver leave
💰 401(k) savings plan with matching contributions
📈 Financial advisor and financial wellness support
🏖️ Flexible PTO and generous company holidays, including Juneteenth and Winter Break
🎉 All-company in-person events once or twice a year and virtual events throughout to connect with your team members and leadership team
Dave Operating LLC is proud to be an Equal Employment Opportunity employer and is dedicated to cultivating a diverse and inclusive workplace. We will consider for employment all qualified applicants and do not discriminate on any basis protected by federal, state, or local law, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance relating to an applicant's criminal history.
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