Product and Regulatory Legal Director at Dave

Job description

Dave vs. Goliath. We’re Dave. Dave is a financial app on a mission to build products that level the financial playing field. It is redefining the financial landscape by leveraging technology to create an affordable, transparent, and user-centric access to liquidity for millions of Americans. As a leading innovator in the U.S. financial services sector, Dave’s digital financial platform offers products designed to meet the credit needs of those underserved by traditional financial institutions. Dave’s offerings include its flagship ExtraCash product, providing members up to $500 within minutes. The company is on track to launch several new product offerings in 2026, including a Buy Now Pay Later (BNPL) option. Dave is focused on serving Americans who are financially vulnerable or living paycheck to paycheck. Dave is leading the charge in creating a new era of credit products that prioritizes speed, affordability, and accessibility, making it the go-to financial partner for those who need it most. Dave is looking for an experienced product and regulatory attorney to help shape the next generation of financial products for our members. You'll bring deep expertise in consumer financial services, banking, and payments to help Dave innovate responsibly while navigating an evolving regulatory landscape. The Opportunity As Director, Product & Regulatory Legal, you'll be a trusted legal advisor to teams across Product, Engineering, Risk, Compliance, and Operations. You'll help shape product strategy, guide complex regulatory decisions, and build practical legal frameworks that support innovation and responsible growth. This is a senior individual contributor role with meaningful autonomy and visibility. You'll influence decisions across Dave's banking, lending, payments, and subscription products while balancing legal risk, business objectives, and member experience. What You'll Build & Own Shape product strategy: Partner with cross-functional teams to advise on new product launches, payment capabilities, banking services, and enhancements to existing products. Guide regulatory decisions: Provide strategic counsel on consumer financial regulations, state licensing, payments, bank partnerships, and emerging regulatory requirements. Support strategic partnerships: Draft, review, and negotiate complex commercial agreements with financial institutions, payment processors, fintech partners, and technology providers. Own complex legal matters: Serve as a subject matter expert on BaaS, NACHA rules, payment networks, BSA/AML, fraud, privacy, and consumer servicing matters. Anticipate what's next: Monitor regulatory developments, evaluate emerging financial technologies, and translate evolving requirements into practical business recommendations. Improve how Legal operates: Build scalable processes, strengthen regulatory monitoring, and thoughtfully leverage technology, AI, and outside counsel to improve efficiency and impact. The Impact Your work will directly influence how Dave develops and delivers accessible financial products. You'll help teams make informed decisions that protect our members, strengthen partnerships, and support sustainable growth. What We're Looking For J.D. from an accredited law school and active membership in good standing with a state bar. 7–10 years of relevant legal experience in consumer financial services, fintech, banking, or a related regulatory practice. Deep expertise in consumer banking and payments regulations, including Regulation E, NACHA rules, card network requirements, BSA/AML, and state money transmission laws. Strong working knowledge of applicable federal consumer financial regulations, including FCRA/FACTA, SCRA/MLA, FDCPA, FDIC insurance requirements, and GLBA/Regulation P. Experience advising on state licensing requirements, regulatory change management, and banking or lending operations. Demonstrated ability to independently evaluate complex legal issues, negotiate commercial agreements, and pro