Every year, while Americans wait for their paychecks, more than $1 trillion of their hard-earned money is held up in the pay cycle. As a result, we accumulate over $50 billion in late and overdraft fees and turn to high-interest loans. Overdraft charges and bank fees often trap people in a cycle of debt that can lead to unhealthy decisions and falling victim to predatory businesses disguised as helpful services. We don't accept that.
Earnin is an app that creates products that help people gain control of their finances. Cash Out lets people get paid as soon as they leave work, with no fees, interest, or hidden costs. With Health Aid, Earnin negotiates on behalf of community members to lower their total unpaid medical bill and work out a budget-friendly payment plan. Cash Back Rewards is a way for members to earn up to 10% cash back on purchases from over a thousand local and national businesses without needing a credit card or having to reach spend thresholds to earn cash rewards and they can withdraw the money at any time. We also offer free tools to help avoid overdrafts, to remind people when recurring bills are due, and we're working on more! There is never any required cost to use any of these products or services, users can choose to tip what they think is fair to support the service and pay it forward to keep the movement going.
Earnin is supported by funding partners including Andreessen Horowitz, Matrix Partners, Ribbit Capital, Felicis Venture, Thrive Capital, and others. Join us and help build a new financial system focused on fairness and people's needs.
You can help make a difference.
About the role:
What you'll be doing:
Work as part of the Legal team and cross-functionally with other teams on a variety of product matters and marketing questions.
Ensure product and marketing compliance with applicable U.S. and international laws and regulations.
Integrate yourself into the day-to-day operations of the Earnin team, providing legal, business, and strategic advice.
Develop scaled strategies for addressing risk in business-centric ways and build processes that allow the business flexibility and freedom to move quickly.
Provide full product life-cycle counseling.
Look around corners and creatively solve problems for the business as they plan, build, and execute their product roadmap.
Work cross-departmentally, including: compliance, marketing, communications, finance, tax, data, analytics, corporate development, and members of Earnin executive leadership.
Respond promptly to a wide range of legal requests and coordinate closely with legal department colleagues to ensure delivery of smart, practical advice.
Train the team on various legal and compliance matters.
Scale your team and the advice you provide, so that you can do more with less and grow efficiently with the business.
What we look for in you:
Experience working with and leading cross-functional teams.
Experience advising clients on risk mitigation across technology product platforms.
Experience working with and presenting to C-suite and VP-level leadership.
Familiarity with financial services laws including regulatory regimes administered by State banking departments, the Consumer Financial Protection Bureau, the Federal Trade Commission, international equivalents and more general consumer protection concepts/laws including privacy, UDAAP, TCPA/CAN-SPAM, HIPAA and the Communications Decency Act.
Advanced analytic ability with experience owning projects from concept to finish.
A collaborative style with the ability to work with little or no supervision.
The ability to perform well under tight deadlines and thrive in a rapidly evolving environment
Earnin does not unlawfully discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, breastfeeding or related medical conditions), gender identity, gender expression, national origin, ancestry, citizenship, age, physical or mental disability, legally protected medical condition, family care status, military or veteran status, marital status, registered domestic partner status, sexual orientation, genetic information, or any other basis protected by local, state, or federal laws. Earnin is an E-Verify participant.