Who We Are
Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $22.7 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually.
The Opportunity
This role provides dedicated legal leadership for Oportun’s multi-state licensing and regulatory examination program, regulatory tracking and reporting and serves as regulatory counsel for the Set & Save product. Success in year one means establishing strong ownership of licensing, reporting, exams and regulator relationships, while providing practical legal guidance that helps the business operate and grow Set & Save within an evolving regulatory landscape.
At Oportun, we move fast and we hold each other to a high bar. If you care about doing your best work while actually moving the needle for real people, you'll fit right in.
What You'll Do
Your day-to-day
You'll own Oportun’s multi-state licensing program, researching and determining licensing requirements across Oportun’s direct-lending and fintech bank partnership models, and leading applications, renewals, maintenance and related regulatory reporting.
You'll lead the licensing and regulatory examination process, including coordinating responses, gathering information from business partners, tracking obligations and issues to resolution, and working directly with state regulators as appropriate.
You'll monitor legal and regulatory developments affecting both areas of responsibility—including state licensing requirements and true-lender laws—and advise senior leaders, Legal and Compliance partners, and business stakeholders on risk, implications and needed action.
You'll review and advise on policies, procedures, marketing and operational practices; support regulatory change implementation; and identify opportunities to strengthen processes and reduce regulatory risk.
You'll provide leadership reporting on licensing, examinations and regulatory reporting, manage priorities across a complex portfolio, and directly manage and develop one paralegal supporting these activities.
You'll advise Set & Save product and business owners on the application of federal and state laws and regulations, including requirements related to subscription services, privacy, UDAAP, TCPA and product marketing.
Who You Are
The right fit looks like this
You're a pragmatic regulatory lawyer who can move comfortably between detailed licensing requirements, complex regulatory questions and strategic business conversations.
You bring sound judgment, communicate clearly with senior leaders and regulators, and know how to turn changing legal requirements into practical action for the business.
You're comfortable navigating complexity and don't wait for perfect information to move forward.
You communicate clearly, give direct feedback, and expect the same in return.
What You Bring
Skills & experience
Required
12+ years of legal experience in financial services, with substantial experience advising on consumer financial services regulatory matters.
Demonstrated experience independently managing multi-state licensing processes, including NMLS filings, license applications, renewals, maintenance, regulatory reporting and related requirements.
Experience with NMLS and state licensing requirements, strong knowledge of privacy and fintech regulatory issues, and the ability to interpret and apply federal and state consumer financial services laws.
Skilled in using AI tools (ChatGPT, Copilot, or similar) to improve your own productivity
Juris Doctor (J.D.) degree and admitted and in good standing to practice law in at least one U.S. jurisdiction.
Nice to Have
Experience working with bank…