Founding Head of Legal
ModernFiFull Time
Senior (5 to 8 years)
The ideal candidate will possess legal and business expertise with a passion for the fintech industry, demonstrating high character, integrity, and a collaborative, problem-solving approach. Experience in assessing and providing organized legal guidance under short timelines is essential, along with comfort in externally-facing communications and managing relationships with investors, regulators, and industry stakeholders. A strong understanding of consumer finance and protection laws at federal, state, and local levels is required.
The General Counsel will oversee all strategic and tactical legal initiatives, providing effective advice on company strategies and their implementation as part of the executive team. This role involves managing the legal and compliance function, overseeing outside counsel, and building a legal strategy that aligns business, legal, and ethical responsibilities. Key responsibilities include developing legal positions and compliance strategies for consumer finance laws, managing regulatory matters, driving litigation strategy, and serving as the chief legal spokesperson for the company.
Provides cash for home equity access
Hometap provides homeowners with a way to access their home equity without selling their property or incurring additional debt. The company offers a lump sum of cash in exchange for a share of the future value of the home, allowing homeowners to unlock up to $600,000 of their equity without monthly payments or interest. Hometap earns revenue by sharing in the appreciation of the home's value when it is sold or when the homeowner repurchases Hometap's share. This approach sets Hometap apart from traditional home equity loans, as it offers a flexible and debt-free solution. The company's goal is to simplify the financial process for homeowners, helping them achieve their financial objectives, such as paying off debt or funding education, while maintaining a high level of customer service.