Legal Counsel
Since our founding, we have redefined how people approach small-dollar loans—delivering over $1 billion in funding to more than 1 million customers, issuing over 4 million loans, and saving our customers more than $500 million.
At Possible, we’re building a new type of consumer finance company; one that helps our customers stay out of debt rather than profit from their staying in it. We are a Public Benefit Corporation with the mission to help communities unlock economic mobility through affordable credit products crafted to improve financial health for generations. Join the team that’s making our goal a reality.
Employees come to Possible to experience the energy of a fast-growing tech startup and the purpose of a meaningful public mission.
The Role & Responsibilities
As Legal Counsel, you'll be a key member of our small but mighty Legal team, helping Possible navigate complex regulatory landscapes, manage risk, and support innovation and business growth. You’ll work closely with our General Counsel and cross-functional partners across Product, Marketing, Compliance, Operations, and Engineering.
This is a hands-on role where you’ll handle a wide variety of legal work, including contracts, consumer credit regulation, and litigation management. You’ll have the opportunity to deepen your expertise in fintech and consumer lending law while helping build scalable legal processes for a passionate company.
Key responsibilities include:
- Contracting and Commercial Support: Draft, review, and negotiate a variety of commercial agreements, including vendor, partnership, technology, and confidentiality agreements.
- Pre-Litigation and Dispute Resolution: Lead intake and strategy for pre-litigation disputes. Supervise response coordination, risk appraisal, and case planning—partner with outside counsel as needed. Manage in-house arbitration filings and hearings, including preparation of pleadings, discovery, and case strategy.
- Regulatory and Compliance Support: Research and interpret federal and state consumer credit laws and regulations—partner with the Compliance team on regulatory change management and implementation.
- Perform legal research and provide practical mentorship to internal collaborators after analyzing risks.
- Cross-Functional Partnership: Support internal teams on product development, marketing review, and other operational matters with a focus on mitigating legal risk while enabling growth.
Requirements
- J.D. from an accredited law school and active bar membership in at least one U.S. jurisdiction.
- 3-5 years of legal experience at a law firm, in-house legal department, or a combination of both.
- Strong experience drafting, reviewing, and negotiating contracts.
- Excellent legal research and analytical skills; ability to translate complex issues into clear, actionable guidance.
- Self-starter comfortable handling a broad range of legal work in a fast-paced, evolving environment.
- Strong communication and teamwork skills with a practical perspective.
- We prefer experiences with litigation or arbitration, privacy/data protection, or financial regulatory issues. A curiosity about learning and working within consumer finance and fintech regulation.
What we offer:
We work in the office three days a week, and our office is centrally located in downtown Seattle.
The anticipated annual salary range for this position is $150,700 - $159,100. We benchmark every role to market data to ensure competitiveness; however, actual compensation is highly dependent on numerous factors such as experience, knowledge and skills, qualifications, and other job-related factors.
We also offer significant stock options, comprehensive benefits, a flexible PTO plan, a discretionary bonus plan, commuter benefits, work from home and wellness stipends, and an excellent office space with complimentary drinks and food options.
With the backing of our venture investors— Union Square Ventures, Canvas Ventures, Euclidean Capital, and Unlock Venture Partners — a dedicated following of hundreds of thousands of customers, and an extraordinary team, we are unwavering in our fight for financial fairness. As one of only a few FinTech Public Benefit Corporations, we’ve baked our dual dedication to building a profitable and socially impactful company into our charter; we only succeed when our customers do too. Give us a shout if you’d like to help us ship financial products that protect consumers from predatory lending practices and promote economic health.
Possible Finance is dedicated to financial fairness and community empowerment. We welcome diverse perspectives and experiences to help us achieve our mission of unlocking economic mobility for generations to come.
Learn more about us as a Public Benefit Company.
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