Corporate Counsel - Privacy and Regulatory
Better
Legal
New York, NY, USA
Posted on Nov 21, 2024
Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better:
- We’ve funded over $100 billion in loans for our customers, more than any other fintech
- We ranked #1 in the U.S. on LinkedIn's Top Startups 2020 and 2021
- We are Forbes’ Best Online Mortgage Lender for 2023
- We are USA Today’s Best Mortgage Lenders of 2023, Best for FHA Loans
- We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world
- And we’re just getting started!
We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive.
A Better Opportunity
As a Corporate Counsel specializing in Privacy and Mortgage Origination Regulatory Compliance, you will be a pivotal member of our Data Privacy and regulatory team providing strategic legal guidance and ensuring the company’s compliance with federal and state regulations, including federal and state mortgage origination rules, the California Consumer Privacy Act (CCPA), General Data Protection Regulation (GDPR), and other relevant privacy laws. Reporting to the Deputy General Counsel, you will play a key role in shaping our data privacy strategy, managing complex consumer and regulatory inquiries, and collaborating across functions to uphold the highest standards of data protection, privacy and regulatory compliance.
Better is open to this position being based in our NYC, Dallas, Detroit or Irvine offices. This role will be 5 days per week on site.
Responsibilities
- Lead Privacy Compliance Efforts: Serve as the primary legal advisor for privacy and regulatory matters, overseeing the management and resolution of consumer data requests including data deletion, access, and information requests. Ensure responses comply with applicable federal, state, and international privacy regulations, and align with internal policies.
- Strategic Collaboration: Partner with cross-functional teams including Client Success, Engineering, Product, Compliance, and Information Security to develop and implement data privacy strategies. Provide legal and regulatory guidance on new product developments, data processing activities, regulatory examinations and customer interactions.
- Policy and Process Development: Lead the development, implementation, and continuous improvement of internal policies and procedures related to data privacy consumer rights and artificial intelligence. Ensure that processes for handling data subject requests are efficient, legally compliant, and aligned with best practices.
- Regulatory Oversight and Advisory: Monitor evolving mortgage, privacy and AI laws and regulations, assess their impact on the business, and proactively advise on necessary changes to practices and procedures. Conduct privacy impact assessments, risk analyses, and mortgage regulatory reviews to mitigate potential legal risks.
- Change management: keep key stakeholders apprised of new developments in privacy, AI mortgage regulatory environments.
- Special Projects and Continuous Improvement: Drive special projects and initiatives that enhance the company’s privacy posture, such as implementing new compliance tools, improving data governance frameworks, and optimizing the consumer inquiry response process.
Qualifications
- Minimum of 5-10 years of legal experience with a strong focus on privacy and mortgage regulatory compliance, preferably within the financial services
- Privacy and lending regulation expertise (including RESPA, TILA, ECOA, UDAAP, Reg B, Reg X, Reg Z, FHA, GLBA, FCRA and state licensing laws)
- Excellent drafting and communication skills and a demonstrated ability to solve problems and meet deadlines
- Painstaking attention to detail
- Strong organizational skills and attention to detail, with the ability to manage multiple priorities in a fast-paced environment
- Excellent project management and task tracking skills
- The ability to work in a fast-paced environment and balance multiple projects
- The ability to think creatively in difficult situations
- JD from an ABA accredited law school and license to practice in New York, Michigan, Texas and/or California
Company Benefits
Our total rewards package consists of base salary, benefits, and opportunity for yearly cash bonus. Some of our benefits include:
- Comprehensive healthcare, retirement, and voluntary benefits. Think medical, dental, vision, health savings accounts, 401k, and more.
- Personalized care and tools for realizing your mental health and wellness goals.
- Company paid for lunch when working in the office.
- Additional benefit perks & discounts.
Disclaimer
Better Home & Finance Holding Company is an equal opportunity employer committed to fostering an inclusive and diverse environment for our employees. We are committed to equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status, or any other reason protected by law.
We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. Better will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.