Senior Counsel - Product

About the Company

Valon’s mission is to empower every homeowner. We believe the journey of home ownership starts when you get your keys, but lasts far beyond. We’re creating a world where home ownership comes with ease, security, and financial know-how. Our growing team of engineers, operators, product enthusiasts, and experienced servicing professionals are leveraging technology to fundamentally improve the homeownership experience. Through mortgage servicing—the process of paying off one’s mortgage—Valon is taking the first step in transforming the industry one homeowner, and lender, at a time.

Legal, Risk, and Compliance at Valon 

The Legal, Risk, and Compliance (LRC) department at Valon is responsible for interpreting and advising our company on the various legal, regulatory, and contractual provisions that impact our business. Given how heavily regulated the mortgage industry is, compliance and risk management sit at the very core of our business. The team partners closely with our product, engineering, operations, and finance teams to provide legal and compliance expertise and frameworks that inform and drive business decisions.

About the Role

We are looking to add the first Product Counsel to our Legal, Risk, and Compliance team. In this role, you will be responsible for handling legal and compliance matters and advising the business, with a focus on product and engineering, as we rapidly scale our loan portfolio and build the technology platform that will continue to transform the mortgage industry. 

This role could be right for you if:

• you are excited to roll up your sleeves and dive into the weeds, partnering closely with cross-functional stakeholders to drive product innovation;
• you have excellent organizational and people skills, and thrive in a fast-paced, dynamic environment; and
• you are a self-starter with a bias for action and proactive with a strong sense of ownership.

Responsibilities

• Proactively provide legal and regulatory guidance to product development teams to enable them to launch innovative and compliant products
• Anticipate emerging regulatory issues across Valon’s product surface areas and develop solutions in close partnership with other business units
• Create, maintain and elevate Valon’s policies, playbooks, and processes to enable us to continue scaling rapidly
• Draft, review, and negotiate a broad range of vendor agreements to support Valon’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

Ideal Background

• J.D. from an accredited law school and licensed to practice law in at least one state
• 4+ years of professional experience at both a top law firm and in-house at a growth stage financial services company
• Experience creating and drafting policies, procedures, and control documents 
• Excellent communication and collaboration skills with the ability to work cross-functionally at all levels of the organization
• Strong organizational skills and the ability to drive complex projects to completion
• Demonstrated ability to develop solutions to complex legal matters without losing sight of business objectives
• Working knowledge of at least some of the mortgage regulatory landscape strongly preferred (including GLBA, RESPA, HMDA, ECOA, FDCPA, TCPA, TILA, state mortgage laws)

What we can offer:

• Base salary band: $131,000 to $178,000
• Compensation: competitive salary with a meaningful stake in the company via equity, and 401k plan 
• Health & well-being: we’ll invest in your physical and mental well-being with comprehensive medical, dental, & vision benefits
• Commuter benefits: We offer pre-tax deductions for public transportation, rideshare services, and parking expenses to make your commute more affordable and convenient.
• Grow together: Company-wide orientation for you to successfully onboard and other learning & development opportunities including regular review cycles that feature 360 degree feedback
• Play together: quarterly budgets for team and company outings. Use it for team swag, cooking classes, or team dinners!
• Generous time off: flexible paid time off, sick days, and 11 company holidays 
• Baby bonding time: 12 weeks off for both birthing and non-birthing parents - fully paid so you can focus your energy on your newest addition