Legal Counsel

As a Legal Counsel at Majority, your key responsibilities will include drafting and reviewing commercial contracts, advising on consumer finance regulations, conducting legal research, and ensuring compliance with advertising laws and social media regulations. You'll also support corporate transactions, partner with various departments on product development, and provide general legal support on emerging issues. This diverse role allows you to engage with critical aspects of our business in the fintech sector.

To become a Legal Counsel at Majority, you’ll need a Juris Doctor (JD) degree from an accredited law school and admission to practice law in at least one U.S. jurisdiction. Additionally, 4-7 years of relevant experience, strong contract drafting skills, and familiarity with consumer finance regulations are critical. Experience in the fintech industry and good communication skills are also highly valued for this position.

Majority supports its Legal Counsel by providing a collaborative environment where you can engage with various departments and contribute to impactful projects that serve the immigrant community. You will have access to a wealth of resources to ensure you can give legal guidance effectively and be part of a culture that values innovation and inclusivity.

At Majority, the work culture is inclusive, dynamic, and values innovation. As a Legal Counsel, you will collaborate with talented professionals from diverse backgrounds, all striving toward a shared mission of empowerment and accessibility in financial services. We encourage open communication and creative problem-solving, making it an exciting place for legal experts to thrive.

While proficiency in Spanish is preferred for the Legal Counsel position at Majority, it is not a strict requirement. However, given our mission to support the immigrant community, being bilingual can enhance your capacity to communicate effectively with a broader audience and can be a significant asset to the role.

When answering this question, be sure to highlight specific instances where you advised on consumer finance laws, discussing your understanding of compliance requirements. Share examples of how you've navigated legal challenges in this area and emphasize your ability to keep up with evolving regulations.

In responding to this question, discuss your process for reviewing contracts and identifying key issues. Mention any strategies you use to negotiate favorable terms while maintaining strong relationships with partners. This demonstrates your practical, solutions-oriented mindset.

To effectively answer this, outline your familiarity with advertising laws and the compliance checks you perform. Discuss any experience you have working alongside marketing teams and how you integrate legal guidelines into marketing strategies.

Share a specific scenario where you encountered a complex legal issue, detailing your thought process and the steps you took to resolve it. This response demonstrates your problem-solving skills and ability to handle pressure.

When asked this, detail your involvement in investment rounds or corporate mergers, emphasizing your role in due diligence, negotiation, and documentation. Provide examples of how your contributions added value to the process.

Explain your methods for staying informed, such as attending industry webinars, following relevant legal publications, and participating in professional networks. This shows your proactive engagement with continuous learning.

Articulate your collaborative approach, explaining how you would work closely with product managers to understand their objectives and provide tailored legal guidance that balances regulation with innovation.

Here, express your alignment with Majority's mission of inclusivity and accessibility in financial services. Share your passion for using your legal expertise to help underserved communities and how this aligns with your personal career aspirations.

Discuss the complexities of rapidly evolving regulations in fintech, emphasizing your adaptability and problem-solving skills. Mention your strategies for navigating these challenges while ensuring comprehensive compliance.

In your answer, emphasize your ability to find a balance between ensuring compliance and supporting business goals. Explain how you work with stakeholders to achieve mutually beneficial outcomes, while minimizing legal risk.