Clutch is transforming lending for credit unions to enhance the financial well-being of US consumers. The average American carries over $155,000 in household debt. Unlike fintech lenders and for-profit banks that often issue high-interest loans, credit unions operate as non-profit lenders offering lower cost loans.
Clutch, an Andreessen Horowitz backed vertical SAAS company, develops software that empowers credit unions to function as fintech lenders and responsibly lend to over 130M Americans. Our rapid growth has seen us expand from a single-digit customer base to a diverse portfolio of medium to very large enterprise customers.
We are an ambitious team passionate about redefining lending and account opening via credit unions. Our vision is to establish credit unions as market leaders in lending through consumer/fintech grade member experiences that integrate seamlessly with enterprise backends.
You'll be responsible for:
Review, analyze, and draft contracts ensuring compliance.
Monitor and enforce compliance with licensing agreements.
Conduct periodic audits and work with cross-functional teams.
Stay informed about industry-relevant laws and regulations.
Conduct legal research to support decision-making.
Identify and assess legal and business risks associated with contracts.
Provide recommendations for risk mitigation.
Maintain organized records for contracts and licensing agreements, ensuring accessibility for reference and audits.
Skillset you will bring
5+ years in legal and compliance roles.
Track record in contract negotiations and compliance initiatives.
Strong understanding of contract law, compliance, and licensing.
Excellent negotiation skills and attention to detail.
Ability to manage multiple projects and streamline processes.
Collaborative approach to problem-solving.
Proactive support for team leaders.
In-depth understanding of relevant frameworks.
Stay updated on changes in laws and regulations.
Experience with consumer-facing regulations a plus
What’s in it for me @Clutch?
Early team member of a well funded and high growth startup. We have A16z and CMFG ventures amongst other top-notch investors.
Opportunity to create impact in the credit union and fintech landscape
Experience working with a stellar team
Second time founders who deeply understand the problem space, fintech industry and the venture ecosystem. The company already has a proven track record of top-notch product, customer success and engineering talent.
Our founders, Nicholas Hinrichsen and Chris Coleman met at Stanford Business School in 2011 and have had a successful exit to Carvana.
Our leadership team includes Wharton and Berkeley Haas alumni with experience working at world class product companies in the Bay Area and Brazil
International colleagues and markets: USA, Brazil, Argentina and Germany
Two amazing off-sites/year with the entire team and other benefits