Truv

Deputy General Counsel

Remote

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, Legal ServicesIndustries

Position Overview

  • Location Type: Remote
  • Job Type: Full-time
  • Salary: Not specified

Truv is revolutionizing the financial data landscape as the safest and most reliable API platform for payroll account access. Our solutions power income & employment verification, direct deposit switching, and beyond. Backed by $30M from Kleiner Perkins and NYCA, we're taking on a $2B legacy market with innovation and customer-centricity. Led by veterans from Apple, Carta, Venmo, MX, and Okta, we're building the future of financial data access.

About the Job

Truv is seeking a Deputy General Counsel to join our team. We are a group of technologists focused on delivering tangible value to our clients; we are global, remote, and apolitical. Our business is built to endure the upheavals occurring in our industry and society and we are seeing accelerating growth. The DGC will play a pivotal role in shaping our strategy, leading the legal team, and protecting the company's interests. This role reports to the CFO and offers a promotion pathway to General Counsel.

Responsibilities

  • Lead the legal function: Manage daily operations and budget to perform a broad range of legal work, providing strategic direction, first-rate execution, and mentorship while operating with a high degree of autonomy and relying on strong organizational and prioritization skills.
  • Oversee commercial contract management: Draft, structure, review, and negotiate a wide range of agreements, including software service agreements, partnerships, and vendor contracts, aligning outcomes with company objectives.
  • Develop the company’s regulatory compliance framework: Offer practical solutions that support innovation and growth. Maintain current knowledge of relevant laws, particularly the FCRA. Experience with financial services and the public sector is a plus.
  • Advise leadership on risk, compliance, and legal frameworks: Support our growth. Research and respond to inquiries relating to complex operational and regulatory issues.
  • Collaborate with executives and managers: Define and implement company-wide legal and compliance policies.
  • Leverage technology: Improve scalability, strengthen collaboration, and achieve superior results faster.
  • Corporate governance: Maintain corporate records, assist with financings, and ensure the company remains in good standing. Experience with transactions such as equity fundraising, debt financing, and M&A is a plus.
  • Oversee and manage relationships with external legal counsel: Ensure high-quality, cost-effective support across jurisdictions and domains.

Requirements

  • Not specified

Application Instructions

  • Apply below or reach out directly; we’d love to chat.

Company Information

Truv is revolutionizing the financial data landscape. It's backed by $30M from Kleiner Perkins and NYCA. They are building the future of financial data access.

Skills

Legal leadership
Contract management
Regulatory compliance
Legal advising
Financial services law
FCRA knowledge
Risk assessment
Legal strategy
Team management
Negotiation

Truv

Consumer-permissioned financial data platform

About Truv

Truv provides a platform that allows financial organizations to access consumer-permissioned data, which includes income and employment verification, direct deposit switching, and employment history verification. The platform works by integrating various data sources, enabling organizations to make informed decisions while reducing risks and costs associated with customer acquisition and verification processes. What sets Truv apart from its competitors is its comprehensive access to all consumer-permissioned financial data sources, which allows for quicker launches and a more efficient workflow. The goal of Truv is to empower financial organizations to operate more confidently and effectively by providing high-quality data and tools that drive growth.

New York City, New YorkHeadquarters
2020Year Founded
$27.7MTotal Funding
SERIES_ACompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Remote Work Options
Paid Vacation
Professional Development Budget
Stock Options
401(k) Retirement Plan
Unlimited Paid Time Off

Risks

Increased competition from Plaid and Finicity threatens Truv's market share.
Data privacy concerns could arise due to handling sensitive financial information.
Economic downturns may reduce demand for mortgage-related verification services.

Differentiation

Truv offers unmatched coverage with access to every consumer-permissioned financial data source.
Truv's platform integrates seamlessly with leading mortgage POS systems like Lodasoft and BeSmartee.
Truv provides a rich developer experience, enabling quick launches for financial organizations.

Upsides

Truv's partnerships streamline mortgage processes, reducing costs by 60-80% for lenders.
The platform supports 95% of the U.S. workforce, enhancing verification accuracy and speed.
Truv's integration with Fannie Mae's DU service offers lenders Day 1 Certainty.

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