Corporate Counsel, Enova
Regulatory
More information about location
AI-driven financial credit provider
Be an early applicant
AI-driven financial credit provider
1001+ employees
Be an early applicant
More information about location
1001+ employees
Company mission
Enova's mission is to help hardworking businesses and individuals get access to fast, trustworthy credit through its AI-driven credit solutions.
Role
Who you are
- J.D. from an accredited law school and admittance in good standing with at least one state bar
- 3+ years of regulatory experience analyzing laws and regulations and providing detailed recommendations to business teams particularly at a fintech, financial institution, technology, or social media company
- Experience advising on legal issues related to consumer financial services laws, including, but not limited to:
- Dodd-Frank Act
- FTC Act
- Gramm-Leach-Bliley Act
- Fair Credit Reporting Act
- Truth in Lending Act
- Fair Debt Collections Practices Act
- Electronic Funds Transfer Act
- Equal Credit Opportunity Act
- Military Lending Act
- ServiceMembers Civil Relief Act
- ESIGN Act
- State consumer lending statutes
- State privacy and data security statutes
- Good sense of moral judgment guided by the basic principles of the Rules of Professional Conduct
- Critical thinking and negotiation skills, as well as a solutions-oriented approach to problem solving
- Project management experience on complex legal projects and effective organization, communication and presentation skills
- Ability to work both independently and in a team environment and to follow direction and feedback from manager and business partners
- Ability to build long-lasting and meaningful relationships and to collaborate with the different teams within our company
- Ability to be a business partner, and think like a proactive business owner not just a legal advisor
What the job involves
- As a Corporate Counsel, you will focus your efforts in supporting Enova’s lending and other businesses primarily in their marketing initiatives and are expected to have (or to develop) an in-depth understanding of consumer and commercial finance laws and regulations that affect the company’s financial services businesses in those efforts.
- A successful candidate will be an engaged and resourceful self-starter, comfortable working in a fast-paced and dynamic environment, and excellent at building strong relationships. This role reports to the Senior Associate General Counsel
- Partner directly with our product, marketing, and compliance teams to support our marketing initiatives and related product launches
- Provide counseling on a range of consumer and commercial financial products and services, including with respect to escalated customer complaints, privacy and data security projects, the management of our intellectual property, working with colleagues and cross-functional stakeholders across the company
- Respond promptly to a wide range of complex legal requests and coordinate closely with the teams to deliver practical, timely and high-quality advice
- Identify and assess business and legal risks, and collaborate to find creative ways to mitigate them while achieving business goals
- Handle all aspects of legal compliance with applicable laws and regulations, interpret existing and new laws and regulations and provide guidance to business teams
- Work closely with business and technology teams to implement legal/regulatory changes
- Pitch in on whatever legal work needs to be done
Our take
Providing customers with quick access to credit is important for fintech companies to survive in today's financial landscape of open banking, but this is made difficult by high credit rejection rates from banks. However, these decisions are generally made by human assessments of data which are limited due to the complexity of the modern financial landscape. AI-driven solutions, able to analyse vast amounts of data almost instantly to derive accurate credit risk assessments, present room for improvement in the lending industry.
Enova provides a platform called Colossus that leverages AI and machine learning-enabled analytics to provide businesses and individuals with fast, reliable, and trustworthy credit. The company achieves this by partnering with banks and sharing its data analysis solutions, helping to identify opportunities for credit when they would otherwise be missed. There is definitely a market for its product: over 8 million customers have funded almost $50 billion through the platform to date.
Enova has grown strongly in recent years based on the rapid uptake of its product. As the macroeconomic climate remains volatile, businesses will increasingly come to rely on Enova's AI-based solutions to help them manage credit risk and navigate an increasingly complex lending environment.
Steph
Company Specialist
Insights
Company
Company benefits
- Hybrid roles entail working in-office from Tuesday to Thursday, with the choice to work remotely on Mondays and Fridays
- Health, dental, and vision insurance including mental health benefits
- 401(k) matching plus a roth option (U.S. Based employees only)
- PTO & paid holidays off
- Sabbatical program (for eligible roles)
- Summer hours (for eligible roles)
- Paid parental leave
- DEI groups (B.L.A.C.K. @ Enova, HOLA @ Enova, Women @ Enova, Pride @ Enova, South Asians @ Enova, APEX @ Enova, and Parents @ Enova)
- Employee recognition and rewards program
- Charitable matching and a paid volunteer day…Plus so much more!
Company values
- Customer first: We listen to our customers’ needs and create products that solve real problems. We deliver beyond expectations, treating our customers the way we want to be treated
- Best answer wins: We believe innovative ideas and solutions can come from anywhere. That’s why we make sure the best answer wins — no matter who it’s coming from.
- Operate as an Owner: The entrepreneurial spirit runs strong at Enova. We encourage team members to think big and move fast and use resources like they’re their own
- Accountable for Results: We’re a data-driven company, and we use that data to add value and create results. We set our expectations high and do what we say we are going to do
- Top Talent and Teamwork: Enova is a place for the best and brightest, from all walks of life and parts of the world. We work in small, focused teams that encourage diversity of thought
Company HQ
Chicago Loop, Chicago, IL
Articles
Leadership
David Fisher
(CEO, not founder)Before joining Enova as CEO, they were the CEO of optionsXpress and CFO at Potbelly Sandwich Works, Prism Financial and RBC Mortgage.
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