Logo
Netspend Corporation

Senior Director, Regulatory Counsel

Netspend Corporation, Austin, Texas, us, 78716


About the Company:Ouro is a global, vertically-integrated financial services and technology company dedicated to the delivery of innovative financial empowerment solutions to consumers worldwide. Ouro’s financial products and services span prepaid, debit, cross-border payments, and loyalty solutions for consumers and enterprise partners.Ouro's flagship product Netspend provides prepaid and debit account solutions that connect customers with secure, convenient access to global payment networks so they can manage their money and make everyday purchases. With a nationwide U.S. retail network, customers can purchase and reload Netspend products at 130,000 reload points and over 100,000 distributing locations.Since Ouro's founding in 1999 by industry pioneers Roy and Bertrand Sosa, Ouro products have processed billions of dollars in transaction volume and served millions of customers worldwide. The company is headquartered in Austin, Texas with regional offices around the world. Learn more at

www.ouro.com .About the Role:Ouro Global is hiring a Sr. Director – Regulatory Counsel to help the company expand its consumer financial services offerings in a complex and dynamic regulatory

environment.You

will have opportunities to tackle exciting projects, interact directly with business leadership and product & innovation teams on product launches, commercial transactions, policies and procedures, marketing reviews, consumer terms and other compliance matters.This position will report directly to the Vice President, Regulatory Counsel and it will be part of the Legal Department based at the company’s corporate headquarters in Austin, Texas.Responsibilities:Provide regulatory counsel for existing or new consumer financial products.

Interact directly with the company’s regulators, issuing banks and third-party distributors on legal and compliance issues.

Maintain and obtain various licenses across states.

Ensure compliance with examinations and information requests by regulators, partner banks and distributors.

Provide strategic legal advice to facilitate business relationships with business partners.

Oversee marketing review process for consumer-facing marketing materials, promotions and sweepstakes.

Draft terms of use, policies, disclosures and other related materials.

Support legal team on transactional matters with regulatory implications, including commercial contracts and strategic transactions.

Remain up-to-date on relevant financial services, payments, consumer protection, advertising and privacy laws and regulations to provide sound regulatory and compliance advice.

Manage numerous projects simultaneously under deadline pressure.

Qualifications:Expertise in consumer financial services in the US, with knowledge of prepaid, debit, remittances, lending, credit reporting and insurance brokerage,

Possess an innovative and entrepreneurial mindset that thrives in a fast paced environment,

Ability to work independently, rolling up your sleeves and handling a varied and demanding workload,

Communicate clearly and concisely, without legalese, enabling smart decisions,

Develop strong personal relationships of trust and are a team player.

4+ years of working at a law firm, bank, fintech or regulator (consumer financial services regulatory experience preferred, but not required)

Strong interpersonal and exceptional written and verbal communication skills.

Demonstrated commitment to providing the highest quality legal services.

JD/LLM. Admission to one or more state bar associations.

Ability to travel on occasion.

Eligible candidates are subject to drug, criminal history, and credit checks, which will be conducted and used in accordance with applicable local, state, and federal laws.

\

#J-18808-Ljbffr