Nelnet

Legal Counsel- Consumer Financial Services Litigation (Lincoln, NE)

Nelnet$115K — $165K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • J.D. and current bar admission in good standing required.
  • 5–7 years of litigation experience with a focus on consumer finance.
  • Prefer previous law firm experience in relevant fields.
  • Experience with regulatory compliance within financial services is a plus.
  • Familiarity with consumer protection statutes, high-volume claims, and class actions.

Responsibilities

  • Manage a portfolio of consumer financial services cases, including lawsuits and arbitrations.
  • Develop and adjust litigation strategy considering case specifics and broader impacts.
  • Conduct early case assessments for risk evaluation and litigation exposure.
  • Collaborate with Compliance and Risk partners to align litigation with regulations.
  • Serve as primary contact for outside counsel, guiding strategy and managing budgets.
  • Track case outcomes and identify trends for risk and opportunity analysis.

Benefits

  • Medical, dental, vision coverage with HSA and FSA options.
  • Generous earned time off and flexible hybrid work environment.
  • 401K plan with student loan repayment assistance.
  • Life insurance, AD&D insurance, and disability coverage.
  • Employee assistance program and stock purchase opportunities.
  • Tuition reimbursement and performance-based incentive pay.
  • A comprehensive wellness program promoting work-life balance.
Full Job Description
This role sits on an in-house litigation team responsible for managing a large, national portfolio of consumer financial services matters. The attorney in this position will have direct responsibility for active cases and will be expected to make judgment calls, assess risk early, and drive strategy rather than simply react to litigation. The work involves frequent interaction with business, compliance, and risk partners in a highly regulated environment, with an emphasis on consistency, defensibility, and efficient outcomes across the docket. JOB RESPONSIBILITIES: • Manage an assigned portfolio of consumer financial services matters, including individual lawsuits, arbitrations, and class actions brought under state and federal consumer protection statuses. • Set and adjust litigation strategy for cases involving servicing, payments, credit reporting, collections, and related consumer financial activities, with attention to both case-specific facts and broader portfolio impact. • Perform early case assessments to evaluate regulatory exposure, litigation risk, potential precedent, and downstream implications for similar matter. • Work closely with Compliance, Risk, and business partners to ensure litigation positions are aligned with regulatory expectations, internal controls, and consumer protection obligations. • Serve as the primary point of contact for outside counsel on assigned matters, providing direction on strategy, managing budgets, monitoring performance, and ensuring consistency with internal playbooks and expectations. • Track outcomes and trends across the docket to identify risk patterns, improvement opportunities, and areas where changes in approach may be warranted. Salary for this role is: $115,000-$165,000 Lincoln/Omaha, NE Candidates- This position offers a hybrid work option. Nelnet values flexibility and understands the importance of work-life integration. Our hybrid work environment allows associates to work remotely for part of the week, while also fostering collaboration and team connection through in-office presence three days per week. Please note that we are unable to provide visa sponsorship for this position. To be considered, candidates must already be authorized to work in the United States without the need for current or future sponsorship. COMPETENCIES – SKILLS/KNOWLEDGE/ABILITIES: • Demonstrates excellent judgment, professional demeanor, business acumen, and executive presence. • Collaborates with colleagues, peers, and other key stakeholders and leads efforts in the organization. • Possesses excellent communication, analytical, and drafting skills. • Demonstrates and drives a commitment to integrity and accountability. • Has a general understanding of business financials and reporting. • Possesses excellent organizational skills and ability to manage numerous projects and conflicting demands in a fast-paced environment. • Demonstrates excellent communications and interpersonal skills and the ability to convey complex legal principles clearly and concisely at all levels, including senior executive level, of corporate organization. • Possesses ability to work with Microsoft O365 Office Suite. • Maintains highly sensitive and confidential information. EDUCATION: J.D. and current bar admission in good standing required. EXPERIENCE: 5–7 years of litigation experience, including direct consumer finance litigation experience. Law firm experience preferred Preferred experience includes litigation involving consumer protection statutes, financial services products, high‑volume consumer claims, arbitrations, and/or class actions. Experience working with regulated financial institutions or servicing platforms is strongly preferred. Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Click here to learn more about our benefits: .

About Nelnet

Nelnet, Inc. provides educational services in loan servicing, payment processing, education planning, and asset management. The company is headquartered in Lincoln, Nebraska and has additional offices in Omaha, Nebraska; Aurora, Colorado; Tigard, Oregon; and Sacramento, California. Nelnet was founded in 1978 and is one of the largest student loan servicers in the United States. Nelnet also provides software and data management services for the education finance industry. The company has three primary business segments: Loan Systems and Servicing, Tuition Payment Processing, and Communications. Nelnet is publicly traded on the New York Stock Exchange under the ticker symbol NNI.
Learn more about Nelnet
Size
7,988 employees
Market Cap
$3.3 billion
Industry
Net Income
$352.4 million
Founded
1977
5 Year Trend
+3%
Revenue
$1.4 billion
NASDAQ

Similar Jobs

More Jobs at Nelnet

More Legal & Accounting Jobs

Find similar Legal Counsel- Consumer Financial Services Litigation (Lincoln, NE) jobs: