Job Description
Overview Come join our team of leaders, learners, and world-class legal, compliance and policy professionals. Intuit’s Legal team is a high-performing, collaborative group that partners closely with the business to enable innovation while meeting our obligations to customers, partners, and regulators.
We play a critical role in supporting Intuit’s most strategic and regulated offerings by providing empathetic guidance with integrity. Through collaborative, creative, and data-driven solutions, we help advance Intuit’s bold goals and big bets.
As Assistant General Counsel, Consumer Money Products, you will provide product and regulatory advice on our consumer money products and services. You will work closely with product, marketing, compliance, engineering, risk and operations teams to support the company’s efforts to deliver innovative products, while managing legal risks, ensuring regulatory compliance, and enabling scalable growth.
Responsibilities
- Provide legal and regulatory advice and guidance on consumer facing banking and financial services products and regulations such as: checking and savings accounts; stored value prepaid accounts; applicable consumer protection laws and regulations (e.g., EFTA/Reg E, UDAAP/UDAP, Reg Z/TILA, Reg B/ECOA, Reg CC, Reg DD); payments and card products; crypto; and investing.
- Draft and review consumer-facing disclosures, terms of service, and marketing materials for banking products to ensure compliance with all applicable laws and regulations.
- Review and negotiate bank partnership and critical service provider agreements.
- Advise on Banking-as-a-Service (BaaS) partnerships and support relationships with partner banks.
- Partner with our teams to understand product, engineering, design, and operational implications of new banking and financial services products or features, bank partnerships, and various new business initiatives.
- Embrace the challenge of creating new banking, crypto, and investment products from the beginning, understanding regulatory implications, and help create a strong and flexible foundational base for future financial products.
- Provide timely, concise, and business-focused legal advice on applicable federal and state laws that affect our product offerings.
Qualifications
- 10+ years of combined law firm and/or in-house experience.
- Deep knowledge of consumer financial services laws and regulations, including: consumer banking regulations (including Reg E, Reg CC, and Reg DD), federal and state consumer protection laws (UDA(A)P), laws governing electronic funds transactions (including Reg E, and NACHA); state and federal money transmitter laws, and card association and payment network rules.
- Prior experience counseling on financial services products through the entire product lifecycle and/or experience working closely with product management, design, and marketing teams.
- Experience negotiating bank partnership agreements, marketing contracts, loan sale agreements, SaaS contracts, and service provider agreements.
- Possess excellent judgment, analytical rigor, clear communication, and business pragmatism with an ability to assess a legal issue, understand its implications, and communicate succinctly with teammates and stakeholders.
- Ability to use outside counsel strategically and efficiently.
- A demonstrated ability as an organized, detailed oriented team-player, with a curiosity and willingness to take on any project no matter how big or small. A track record of working collegially and supportively with other members of a high-functioning legal team and cross-functional teams; have flexibility to work in a dynamic, exciting environment.
- Juris Doctor from an accredited law school and are a member of a US state bar in good standing.
Intuit provides a competitive compensation package with a strong pay for performance rewards approach. This position may be eligible for a cash bonus, equity rewards and benefits, in accordance with our applicable plans and programs (see more about our compensation and benefits at [1] Intuit: Careers | Benefits). Pay offered is based on factors such as job-related knowledge, skills, experience, and work location. To drive ongoing fair pay for employees, Intuit conducts regular comparisons across categories of ethnicity and gender. The expected base pay range for this position is: Bay Area California $266,000- 360,000 Southern California $245,000-332,000 References Visible links 1. Mountain View $266000 - $360000
Oakland, CA $266000- $360000
San Diego, CA $245000- $332000
Job Tags
Bank staff, Flexible hours