Product & Regulatory Counsel

Responsibilities

• Partner with product, compliance, and business teams to provide practical legal guidance on product development and regulatory requirements
• Serve as a key legal point of contact for bank partner relationships, supporting ongoing regulatory and contractual matters
• Interpret and advise on U.S. banking regulations, including customer protection frameworks such as UDAAP
• Support the management of litigation matters and coordinate with external counsel
• Draft, review, and negotiate a range of commercial agreements and partner contracts
• Provide clear, business-oriented legal advice to senior management and cross-functional stakeholders
• Support internal teams on regulatory change management and implementation
• Assist with employment and HR-related legal matters as needed

Requirements

• 5–8 years of legal experience, preferably within fintech, banking, or financial services
• Strong knowledge of U.S. banking regulations, including customer protection and payments-related frameworks
• Experience working with or advising on bank partnership models or sponsor bank relationships
• Proven ability to manage external counsel and complex legal matters
• Excellent communication skills with the ability to translate complex legal concepts into actionable guidance
• Strong problem-solving skills and ability to operate in a fast-paced, evolving environment
• Entrepreneurial mindset with the ability to navigate ambiguity

Preferred Qualifications

• Experience working in a fintech or startup environment
• Background in product counseling within regulated industries
• Exposure to payments, lending, or embedded finance products
• Combination of law firm and in-house experience

About the Company

Novo is on a mission to increase the GDP of the modern entrepreneur by creating the go-to banking platform for small businesses. We are a rapidly growing series B fintech startup providing modern bank accounts and tools that make business banking as easy as iOS. We help entrepreneurs, freelancers, and SMBs achieve their financial goals through a powerful, simple operating system.