Job description
Flex is building a finance super app for business owners — reimagining every single aspect of the financial workflow and financial services for any entrepreneur. The company has grown revenue 25x+ since publicly launching in September 2023 and is on track to achieve profitability by early 2025. Flex is focused on mid-market businesses ($3 - $100M revenue) that are largely overlooked by existing fintech solutions and reliant on slow and outdated regional banks. We are targeting a ~$1T revenue opportunity that is largely up for grabs. Flex is a fully remote company and this role can be performed from anywhere.
🕺 About the Role
As the Flexbase Director of Legal, you’ll take a key spot on the team, leading the efforts to navigate all of the legal and regulatory rules that apply to our products. Your guidance will be instrumental in keeping us on the right side of regulatory issues, ensure that our work with bank partners is always best in class, and you’ll enable us to unlock more opportunities by using our regulatory knowledge as a competitive advantage.
We are looking for someone with the drive and passion to be a true subject matter expert for our teams.
But this isn’t just an advisory role. We want someone who’s at home thinking about how to build something new. A lot of counsel are adept at answering the questions that their product team asks. We’re looking for someone who can certainly do that … but we also want someone who can push us forward by coming up with their own creative solutions, even to questions that have not yet been asked.
We’re moving fast in a number of directions so we’re looking for someone who is nimble, driven, and wants to face new challenges on a daily basis. We’re not launching one product to market, but instead creating a suite of products to reimagine financial services for entrepreneurs. Your focus will be both deep and wide as you’ll have a hand in all of what we’re bringing to market.
You prefer to roll up your sleeves and immerse yourself completely, enjoying being one of the company’s resident experts.
Flex is moving in a lot of directions and is seeking someone with hands-on knowledge working with credit cards and payments products. We also need someone who knows how to work with product and engineering teams to build and launch new products/services, and has subject matter expertise in several regulatory areas, like MSB/MTL rules, card rules (both consumer and commercial preferable), and all of the attendant things that go along with credit products like BSA/AML/KYC, Adverse Action/Reg B, TILA/Reg Z.
We’d also expect that you’d thrive in a fast-paced, dynamic environment. This is a role for that person who likes to get creative, while still being able to provide grounded counsel to ensure that we build the best products possible without missing a beat on the legal requirements.
Reporting directly to Flex’s General Counsel & Chief Compliance Officer, you will be a key part of the Legal and Compliance team, and will have a major impact on the products we launch and build in the future.
✅ What You’ll Do
- Solve Problems
- Be Our Legal SME
- Develop Innovative Regulatory Solutions
Ok, it’s a little more complex than that. You’ll need to be nimble, to prioritize your time, know when to go deep into theory and when you just flat out have to execute. You need to be able to handle the ups and downs of a startup, and know that things can change weekly, daily, and even sometimes, hourly. You’ve got to be comfortable with the grey-space. You’re not always going to have perfect information, but we’re still going to need advice on how to move forward.
⚡️ What You Bring
- 6+ years of experience as in-house, startup, or financial services counsel
- Law Degree from an accredited law school
- Bar admission in good standing in at least one US state or jurisdiction
- You absolutely must have experience with credit cards
- Familiarity with payment products
- Working knowledge of BSA/AML/OFAC/KYC, Fair Lending/ECOA, Reg B, TILA/Reg Z
- Dynamic multi-tasker who can juggle multiple priorities and complexities with ease
- Comfort working across various business units and levels
- Innovative problem solver
- Awesome communication skills, both written and verbal
- Knack for solving complex regulatory issues
- Distrust of the status quo
$190,000 - $235,000 a year
📝Important Note
For this role, you absolutely must have a law degree and be an attorney in good standing practicing law in a US jurisdiction.
🚀 What We Bring
- Founding team from MIT, Harvard, Thiel Fellowship, JPMorgan, Goldman Sachs, Kabbage, American Express, McKinsey Ai, and beyond
- Closed $120m Series A with equity and debt funding - significant horsepower and runway
- Remote work w/ semi-annual offsites in exotic locations
- Backing from Home Depot, Florida Funders, MSAD, Companyon Ventures, Hustle Fund, Soma Capital, HOF Capital, and other top-tier Silicon Valley VCs and angels
- Excellent compensation and benefits (401k, life insur., PTO, paid medical, dental, vision, etc)
Interested? We’d love to hear from you
At Flexbase, we value passion, determination, and honesty. Even if you don’t fully match the job specifics, we encourage you to apply. Unusual career paths and unique skills can help you stand out. We believe diversity drives our success. Join us at [email protected]
