Latitude is seeking an experienced Consumer Lending Attorney to support a financial institution on an interim, flexible basis. This role will begin part-time, with the ability to ramp up to full-time as business needs require.
The ideal candidate has substantial experience advising financial institutions on consumer lending products and related federal and state regulatory requirements. This attorney should be highly responsive, an excellent communicator, and comfortable working independently while staying closely connected with internal stakeholders. The successful candidate will provide practical, business-oriented advice in a highly regulated environment and be able to communicate complex legal issues clearly and efficiently.
Key Responsibilities
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Advise the business on legal and regulatory matters relating to consumer lending products and services.
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Provide guidance on applicable federal and state consumer financial services laws and regulations, including applicable lending and consumer protection requirements.
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Review new and existing lending products, programs, policies, disclosures, and customer communications for legal and regulatory compliance.
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Draft, review, and revise consumer lending agreements, disclosures, notices, policies, procedures, and related documentation.
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Counsel business, product, operations, compliance, and risk teams regarding product development, implementation, and ongoing servicing matters.
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Advise on regulatory changes and assist with evaluating and implementing necessary changes to lending products and practices.
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Identify and assess legal and regulatory risks and provide practical recommendations that balance compliance requirements with business objectives.
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Support regulatory examinations, audits, complaints, remediation efforts, and other consumer lending matters as needed.
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Maintain timely, proactive communication with stakeholders and respond promptly to questions, requests, and time-sensitive business needs.
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Collaborate effectively with internal stakeholders and outside counsel on complex or specialized consumer finance issues.
Qualifications
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J.D. from an accredited law school and active membership in good standing with at least one U.S. state bar.
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At least 5 years of experience advising on consumer lending and consumer financial services, preferably within a bank, credit union, fintech, other financial institution, or a law firm with a strong consumer finance practice.
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Strong knowledge of federal and state laws and regulations governing consumer lending.
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Experience advising on the development, documentation, compliance, and/or servicing of consumer lending products.
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Highly responsive and dependable, with a demonstrated ability to manage time-sensitive requests and keep stakeholders informed.
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Excellent written and verbal communication skills, including the ability to explain complex legal and regulatory issues in clear, practical terms to non-lawyers.
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Strong drafting and analytical skills.
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Ability to quickly assess legal and regulatory issues and provide practical, business-oriented guidance.
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Comfortable operating independently in a fast-paced environment while maintaining strong communication and collaboration with business, compliance, risk, and senior leadership teams.
Position Details
- Type of role: Engagement role
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Schedule: Part-time initially, with the ability to increase to full-time based on business needs.
- Location: Remote from anywhere. The engagement has the potential to convert to a permanent position. Candidates seeking permanent conversion must be located in or willing to relocate to Portland, Oregon.
Compensation:
Pay: The annualized pay for this position ranges from $175,000 to $225,000 when calculated on a full-time basis. Pay for contract engagements is based on multiple factors including but not limited to work experience, qualifications, credentials, location, market supply/demand, and the candidate’s preference (each candidate’s pay rate affects the client bill rate which can affect the candidate’s competitiveness for the position).
Benefits: In addition to pay, all Latitude contract professionals receive complimentary professional liability insurance coverage. Latitude contract professionals are usually W2 employees of Latitude and are eligible for full benefits when working in roles for 20 hours per week. Benefits-eligible Latitude contract professionals receive complimentary Group Life, LTD and AD&D. A qualified 401k plan is also available. Benefits-eligible Latitude Attorneys also receive a CLE and Professional Expense stipend.
Confidentiality
Latitude will not disclose your identity or propose you to prospective clients without your prior consent. Candidates selected for further consideration will be contacted.
Only qualified applicants should apply.
About Latitude
Latitude is a full-service national legal services company that specializes in providing high-end, flexible contract engagements and permanent positions to outstanding attorneys, paralegals, compliance officers and legal operations professionals. We work closely with our candidates to understand their career goals and match them with the substantive engagements they want with our clients, who range from Fortune 500 corporations to small companies and Global 50 law firms to boutiques. With offices coast-to-coast, we employ legal professionals across the country. Latitude’s client service leaders and recruiters are all former practicing attorneys and understand the demands faced by those we serve.
Latitude Engagements
Great attorneys and other legal professionals who are seeking contract engagements or consulting roles choose to work with Latitude because of our competitive compensation and benefits, sophisticated and engaging work, a chance to work with great clients and peers, and a refreshing blend of freedom with self-designed boundaries. Our own experience as practicing attorneys and our client relationships enable us to effectively tailor our candidate proposals to the specific practice strengths and interpersonal attributes that matter most to our clients and to match our candidates with the opportunities that will be most fulfilling to them.
Latitude engaged professionals have the level of skill, experience, and judgment as would be expected of a permanent member of our client’s corporate legal department or law firm and the versatility to step into challenging environments and hit the ground running.
If you have the right skills, personality and experience, Latitude helps you do what you are good at in a more rewarding way. Latitude engaged professionals serve on a full- or part-time engagement basis, and work remotely or on-site at the client office.
While we are able to work only with a select few of the most outstanding candidates, our customized approach results in a high success rate for those candidates we recommend.
For more information about Latitude, please visit us at https://latitudelegal.com.
Latitude is an Equal Opportunity Employer
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