[Remote] General Counsel at Hometap

Boston, Massachusetts, United States

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Real EstateIndustries

Requirements

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.

Responsibilities

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.

Skills

legal expertise

business expertise

fintech

leadership

integrity

team player

Hometap

Provides cash for home equity access

About Hometap

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.

Boston, MassachusettsHeadquarters

2017Year Founded

$405.6MTotal Funding

DEBTCompany Stage

Fintech, Financial ServicesIndustries

201-500Employees

Benefits

401k plan with match

Commuter benefits

Healthcare coverage

Flexible work schedule

Paid parental leave

Unlimited PTO

Learning & development

Generous share package

Risks

Rising interest rates may make traditional loans more appealing.

Increased competition from fintechs could erode market share.

Potential regulatory changes could impact Hometap's business model.

Differentiation

Hometap offers debt-free home equity access, unlike traditional loans.

The company provides a lump sum for a share of future home value.

Hometap's Home Equity Dashboard aids homeowners in managing their equity.

Upsides

Growing interest in alternative financing boosts Hometap's market potential.

Hometap's $278 million securitization shows strong investor interest.

Expansion into New York City taps into a large financial market.

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