Description:
Overall PurposeThis role advises and provides legal support to the company's digital wallet and payments businesses, advising business teams on a broad range of legal matters, including regulatory compliance, product development, and commercial transactions.
Essential Functions:
- Provides day-to-day creative counseling and advice on complex legal issues to the wallet and payments business teams throughout the product development lifecycle.
- Advises on, drafts, reviews and negotiates a variety of complex commercial agreements and strategic technology transactions with financial institutions, merchant acquirers, payment gateways, payment processors, and service providers.
- Proactively manages large-scale initiatives and collaborates with cross-functional teams and external stakeholders to enable business objectives.
- Stays abreast of and advises on legislative, regulatory, and industry developments that apply to the business.
- Partners with Risk teams and other members of the Legal Department (e.g., IP, Marketing, Regulatory) to provide solution-oriented support to business teams while balancing potential legal, regulatory, and other risks.
- Supports the company's commitment to protect the integrity and confidentiality of systems and data.
Minimum Qualifications:
- Juris Doctorate from accredited law school, admission to one or more State bars.
- 8+ years' relevant legal experience.
- Experience advising on digital wallets and payment systems as well as advising and negotiating complex commercial agreements in the payments industry.
- Knowledge of laws, regulations and industry standards applicable to payments industry.
- Experience working in or proven ability to learn quickly and support new areas of regulation and technology.
- Ability to work independently but collaboratively in fast-paced and collegial team environment.
- Ability to think practically and be solution oriented.
- Highly effective verbal and written communication and presentation skills with all levels of the organization.
- Strong business acumen,
- Proactive self-starter.
- Unyielding commitment to highest professional ethics.
- Background and drug screen.