Associate General Counsel, Financial Products

Associate General Counsel, Financial Products

America’s financial services system is regressive: the less money you have, the more expensive it is to have it. That shows up for low-income Americans in the form of overdraft fees, maintenance fees, and retail banking options that don’t promote financial health. At Propel, we serve over 2 million households every month through Fresh EBT, a free app that helps families manage government benefits like food stamps. Read more about the impact of Fresh EBT here, here, and here. Now we’re building Fresh Card, a new depository financial product focused on being the best banking option for low-income Americans. 

We’re looking for an experienced, scrappy, and mission-driven Legal Counsel to be the founding member of Propel’s in-house legal team. The right person for this role is passionate about being a core part of our product development process, working directly with our product and business teams as we iteratively develop products that promote the financial health of low-income Americans. 

Propel is a rapidly growing for-profit technology company that holds its social mission at its core. Our investors include Andreessen Horowitz, the Omidyar Network, Kevin Durant, Serena Williams, and Nas.

We offer:

  • Immediate opportunity to make a tangible, measurable impact on the financial lives of millions of low-income Americans
  • A fast-paced work environment where we constantly push for greater impact
  • A work culture focused on continuous professional growth
  • Company events and weekly catered meals
  • Competitive compensation (including equity) and excellent benefits
  • A dog-friendly office based in Downtown Brooklyn

What you’ll do:

  • Provide timely, concise, and business-focused legal advice
  • Structure and negotiate contractual agreements with vendors and service providers
  • Work with our issuing bank to ensure that we are in line with their policies
  • Contribute ideas to offer more user and business value with our financial products
  • Keep the engineering team operating at high efficiency by removing legal/regulatory roadblocks before they affect the team
  • Stay up to date on the latest developments in fintech and financial services regulation

What you have:

  • J.D. degree and a state bar member in good standing
  • 5+ years of law firm, government, or in-house experience in banking or payments
  • Deep knowledge of fintech legal and regulatory issues, including UDAAP, Reg E, BSA/AML, data privacy
  • Proven ability to operate in a startup environment
  • Experience negotiating key contracts to power a consumer fintech product
  • Experience working with regulatory bodies is ideal
  • Interest in taking on work in other areas, such as business development, strategy, or operations, as the company grows
  • Excitement about building a product that is not just legal and compliant, but also highly impactful for low-income Americans

We are strongly committed to hiring a diverse and multicultural team. We encourage applications from traditionally under-represented backgrounds, especially those with direct experience with the Supplemental Nutrition Assistance Program.

Meet Some of Propel's Employees

Kaela G.

Lead Designer

"Our mission is core to our ethos as a company so that resonated with me when I joined. While we love data, we're not just about the bottom line, so an empathetic spirit and an open mind to different perspectives or lived experiences is key to helping us build a great product and a great team."

Ilya K.

Software Engineer

"Why do I love my job? 1. Good work: Social-driven software for a traditionally overlooked demography 2. Good tech: TypeScript, Vue.js, Terraform, Ansible, Fargate, RDS 3. Good people: smart, hardworking, kind, fun (and no a**holes) 4. Good dogs: they're so cuddly"

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