Growth with a Purpose 

OppLoans is a rapidly growing Fintech company that helps credit-challenged consumers build a better financial path through accessible products and five-star customer service. As one of Chicago’s fastest-growing startups, we’ve made the Crain’s Business Chicago Fast 50 (#4 in 2019) and the Deloitte Technology Fast 500 (twice), and we’ve ranked in the top 10% of the Inc. 500 four years in a row!  

OppLoans is a team of caring and inventive “Opptimists” with diverse perspectives and backgrounds. OppLoans employees approach every new challenge with an unparalleled ability to see what could be rather than settle for what is. We want people to be excited to come to work every morning and know they are a part of something great. That’s why we prize collaboration, collegiality, and letting the best ideas win the day.

What you get to do: 

  • You will report to our General Counsel
  • Research and advise on consumer finance and general corporate legal matters
  • Draft and review commercial agreements and other contracts with minimal supervision 
  • Partner closely with business on streamlining processes and applying consumer finance regulations
  • Oversee corporate matters and documentation related to OppLoan’s corporate entities
  • Provide legal counsel and expertise on the development of new products and services
  • Provide strategic support for compliance and risk groups
  • Drive and execute special projects to support key objectives of the Legal team
  • Work with business and technology teams to implement legal/regulatory changes
  • Advise and assist both legal and business partners about legal issues affecting vendor agreements and other business transactions

What you will bring to the team:

  • JD from top law school and current member of at least one State bar and in good standing
  • Minimum of 5 years post-admission experience at a financial institution (preferred) or law firm; experience, particularly at a high-growth start-up, is preferred.
  • Understanding of the legal and regulatory environment of consumer finance and the ability to identify and solve potential legal and business issues present therein.
  • Excellent business judgement and interpersonal skills to negotiate proactively with internal and external parties.
  • Strong knowledge in one or more of the following areas:
    • Truth in Lending Act and Regulation Z
    • Equal Credit Opportunity Act and Regulation B
    • Fair Credit Reporting Act
    • Fair Debt Collections Practices Act
    • Unfair Deceptive and Abusive Acts or Practices
    • Telephone Consumer Protection Act
    • Electronic Funds Transfer Act (Regulation E)
    • Electronic Signatures in Global and National Commerce Act (ESIGN)
    • NACHA Operating Rules and Guidelines
    • Corporate entity structure
    • State and Federal employment issues
    • Data Privacy and Information Security

Define your career at OppLoans

OppLoans is committed to providing an exceptional employee experience that allows you to define your career and purpose with us. New hire “Opptimists” go through orientation, shadow programs, a new hire lunch with our CEO, Jared Kaplan, and you can participate in different company culture events focused on diversity, equity, and inclusion. Our onboarding team has designed programs to make you feel welcome and part of our team during your first year and beyond. 

  • Define the Mission (days 1-30): You will understand our company mission, values, and vision, and how your role at OppLoans plays a part in that. 
  • Define your Goals (months 1-3): You will be able to understand your role expectations and identify goals with your manager and mentor(s) to fulfill those expectations. 
  • Define your Belonging (months 3-6): You will understand OppLoans’ culture and have opportunities to engage with and impact that culture. Employee-led communities and programs, like our wellness program Project Opptimism, are offered to help with community connection both virtually and in-person. 
  • Define your Journey (6 months - 1 year): You will feel confident in your abilities to execute in your role and know the next step you will take to develop your career. 

Compensation and Benefits

OppLoans offers a 401(k) matching program and paid vacation. Other benefits include medical benefits, including a free PPO medical option with BCBS for Employee-Only Plans, dental and vision coverage, and tuition reimbursement. To support your wellness, you receive a free gym membership at One Two Pru and a corporate discount on ClassPass packages. To get you to and from work, you can participate in our pre-tax commuter benefits program with CTA and Metra, park your bike in the One Two Pru bike storage room, and take advantage of discounted Divvy memberships. Dresscode is casual. Lunch is subsidized through Fooda and Sweetgreen, and healthy snacks and drinks are available all day at the office.

Our office is conveniently located in downtown Chicago with panoramic views of Millennium Park and Lake Michigan with rooftop access.  

EEOC Statement: OppLoans is an equal opportunity employer. OppLoans does not discriminate against any applicant for employment due to age, color, sex, disability, national origin, race, religion, veteran status, or any other protected class.

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