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Associate General Counsel, Product Counsel

DailyPay

DailyPay

Product, Legal
United States · Remote
Posted on Nov 7, 2024

About Us:

DailyPay, Inc. is transforming the way people get paid. As the industry’s leading on-demand pay solution, DailyPay uses an award-winning technology platform to help America’s top employers build stronger relationships with their employees. This voluntary employee benefit enables workers everywhere to feel more motivated to work harder and stay longer on the job, while supporting their financial well-being outside of the workplace.

DailyPay is headquartered in New York City, with operations throughout the United States as well as in Belfast. For more information, visit DailyPay's Press Center.

The Role:

DailyPay is seeking a high-performing, collaborative, and enthusiastic attorney to provide legal and regulatory support to DailyPay’s fast-growing, dynamic business, focusing on product development, payment processes, and related regulatory matters. The attorney will report to DailyPay’s Deputy General Counsel & Chief Compliance Officer, will supervise the work of a Product Counsel and will work closely with various DailyPay departments, including compliance, policy, product, marketing, procurement, and information security

If this opportunity excites you, we encourage you to apply even if you do not meet all of the qualifications.

How You Will Make an Impact:

  • Serve as a trusted advisor to DailyPay’s product development team, playing a key role in building and launching innovative and compliant products
  • Draft, review, and negotiate a broad range of complex vendor agreements and documentation to support DailyPay’s evolving business, including terms of use, master services agreements, statements of work, technology licensing agreements, partnership agreements, payment network/association agreements, and financial institution partnership agreements
  • Review consumer-facing communications and disclosures with an eye toward clarity, ease of understanding, and legal and regulatory compliance
  • Ensure that DailyPay’s policies and procedures are followed and that all commercial agreements comply with company policies, other contractual obligations, and applicable laws and regulations, including data privacy and data security requirements
  • Engage outside counsel as needed to ensure efficient completion of legal assignments within budget constraints
  • Provide legal and regulatory support to senior management and other company stakeholders
  • Collaborate in the development of business processes and procedures to help scale DailyPay’s business

What You Bring to The Team:

  • 7-10+ years of legal experience, preferably at both a top law firm and as in-house commercial, regulatory or product counsel in financial services or another regulated industry
  • Experience working with companies in a regulated industry, preferably the payments industry (and, in particular, working with EFTA/Reg E and TILA/Reg Z; Gramm-Leach-Bliley; UDAP/UDAAP; ESIGN Act; BSA/AML/OFAC; money transmission rules; card issuing, program management or processing; association/network/NACHA rules; PCI-DSS; privacy; and/or data security), but comparable experience in other industries will be considered
  • Strong interest in integrating with and advising product teams on the development of new, innovative and compliant products in a quickly evolving legal/regulatory landscape
  • Strong interest, and preferably proven ability, in leading and managing other lawyers effectively, providing guidance, mentorship and support while fostering a collaborative and inclusive work environment
  • Superb leadership, interpersonal, verbal, and written communication skills
  • Ability to multi-task, prioritize, and independently manage a high volume of work

What We Offer:

  • Exceptional health, vision, and dental care
  • Opportunity for equity ownership
  • Life and AD&D, short- and long-term disability
  • Employee Assistance Program
  • Employee Resource Groups
  • Fun company outings and events
  • Unlimited PTO
  • 401K with company match

#BI-Remote #LI-Remote

Pay Transparency. DailyPay takes a market-based approach to compensation, which may vary depending on your location. United States locations are categorized into three tiers based on a cost of labor index for that geographic area. The salary ranges are listed by geographic tier. Additionally, this role may be eligible for variable incentive compensation and stock options. Where a candidate fits within the compensation range for a role is based on their demonstrated experience, qualifications, skills, and internal equity.

New York City
$200,000$270,000 USD
Remote, Premium (California, Connecticut, Washington D.C., New Jersey, New York, Massachusetts, Washington)
$200,000$270,000 USD
Remote, Standard
$200,000$270,000 USD


DailyPay is committed to fostering an inclusive, equitable culture of belonging, grounded in empathy and respect, which values openness to opinions, awareness of lived experiences, fair treatment and access for all. We strive to build and develop diverse teams to create an organization where innovation thrives, where the full potential of each person is engaged, and their views, beliefs and values are integrated into our ways of working.

We encourage people of all backgrounds to join us on our mission. If you require reasonable accommodation for any aspect of the recruitment process, please send a request to peopleops@dailypay.com. All requests for accommodation will be addressed as confidentially as practicable.

DailyPay is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion or creed, alienage or citizenship status, political affiliation, marital or partnership status, age, national origin, ancestry, physical or mental disability, medical condition, veteran status, gender, gender identity, pregnancy, childbirth (or related medical conditions), sex, sexual orientation, sexual and other reproductive health decisions, genetic disorder, genetic predisposition, carrier status, military status, familial status, or domestic violence victim status and any other basis protected under federal, state, or local laws.