Senior Regulatory & Product Counsel

Job description

**About Us** Trovy is building the financial home base for America's 86 million homeowners — the go-to platform for managing your home and accessing low-rate credit, because life is expensive and unpredictable. We believe your biggest asset should unlock your best financial options: bypass the myriad of expensive, rigid credit products and replace them with one simple, powerful solution built around your home equity. Backed by top-tier venture capital, Trovy is led by a team of proven fintech innovators on a mission to make homeownership and personal finances more manageable. Don't own a home without it. **Role Overview** We are looking for a talented and capable lawyer to serve as a strategic legal partner and own Trovy's regulatory, compliance, and legal function. You will be embedded across product, operations, marketing, and leadership teams, helping Trovy move fast while managing legal and regulatory risk with rigor across our lending and card businesses and our multi-state regulatory footprint. This is a high-ownership, cross-functional role reporting directly to the Chief Operating & Legal Officer. **What You'll Be Doing** - Serve as Trovy's primary legal resource on federal consumer financial law, including TILA/Regulation Z, RESPA, ECOA/Regulation B, FCRA, HMDA, and HOEPA - Advise on state mortgage and lending law across a 26-state licensing footprint, including open-end credit, homestead, and right of rescission requirements - Own Trovy's compliance program, including the compliance management system, policies, and regulatory risk framework - Play a key role in planning and executing on new product launches — advising on regulatory requirements, structuring compliant product features, and supporting go-to-market from a legal and compliance perspective - Counsel product and engineering teams on regulatory requirements for new features - Advise on mortgage servicing requirements and ensure servicing practices meet applicable legal standards — including customer complaints, escalations, and non-standard servicing situations - Review HELOC agreements, cardholder agreements, change-in-terms notices, and consumer disclosures for accuracy and compliance - Advise on third-party and vendor relationships from a regulatory and compliance standpoint, including bank partner and service provider arrangements - Advise marketing on advertising copy, email, SMS, and digital content — applying UDAAP, TCPA, and truth-in-lending standards - Identify legal and compliance issues proactively, and collaborate with business teams to improve processes and ensure consistent application of legal requirements across Trovy's product suite - Track federal and state regulatory developments — rulemaking, guidance, enforcement actions — and advise leadership on implications for Trovy - Oversee licensing and regulatory relations - Support corporate matters including equity transactions, investor relations, and board governance from a legal perspective - Advise on privacy and data security obligations in a consumer financial services context - Assist with investor and corporate diligence on regulatory and legal matters as needed - Support outside counsel relationships and manage legal spend on matters within scope **What We're Looking For** - J.D. and active bar admission - 7+ years of legal experience with meaningful focus on consumer financial regulatory law — mortgage lending, open-end credit, or related consumer credit products - Deep knowledge of TILA/Regulation Z (including HELOC-specific rules), RESPA, ECOA, FCRA, and HOEPA - Hands-on experience with state mortgage or lending licensing and multi-state regulatory compliance - Experience managing federal or state regulatory examinations or supervisory processes - Fintech company, neobank, mortgage lender, or financial services startup experience - Ability to work independently in a fast-moving environment and translate regulatory complexity into clear, actionable guidance - Strong judgment and intellectual honesty — comfortable giving direct advice under uncertainty **Compensation & Benefits** - **Compensation:** Base Salary: $190,000 - $230,000 + Equity + Bonus - **Market Opportunity:** Join a team tackling the $30T home equity market. - **Early Impact:** Help shape our operations from the ground up. - **Ownership**: Competitive salary, meaningful equity, and room to grow. - **Location**: On-site, Salt Lake City or New York City. - **Benefits:** 401K account, 100% company-paid dental, medical, vision and life insurance, flexible time off, free lunch in-office every week, and more!