[Remote] Deputy General Counsel at Truv

Remote

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

Skills

Key technologies and capabilities for this role

Legal leadershipContract managementRegulatory complianceLegal advisingFinancial services lawFCRA knowledgeRisk assessmentLegal strategyTeam managementNegotiation

Questions & Answers

Common questions about this position

Is this position remote?

Yes, this is a fully remote position.

What is the salary for the Deputy General Counsel role?

This information is not specified in the job description.

What are the key responsibilities for this role?

Key responsibilities include leading the legal function, overseeing commercial contract management, developing the regulatory compliance framework especially around FCRA, advising leadership on risk and compliance, and handling corporate governance.

What is the company culture like at Truv?

Truv is a group of technologists focused on delivering tangible value to clients; they are global, remote, and apolitical, with a business built to endure industry and societal upheavals.

What experience is preferred for this position?

Experience with financial services, the public sector, FCRA, and transactions such as equity fundraising, debt financing, and M&A is a plus, along with strong organizational, prioritization, and leadership skills.

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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