Description:
Qualifications:- JD and admitted to practice law in the United States
- 5-8+ years experience in payments and regulatory law, with experience practicing law both in-house and at a top law firm
- Experience obtaining and managing state Money Transmission Licenses, while addressing legal and regulatory issues that arise throughout managing the licenses and requirements
- Deep familiarity and understanding of payment regulations, including licensing matters, credit card network rules and NACHA rules
- Ability to provide practical, strategic and business-oriented legal advice across all business segments
- Ability to build strong working relationships with internal clients at all levels, and work within cross-functional teams to develop solutions to complex legal and business issues
- Detail orientation combined with strong analytical and problem-solving skills, with the ability to effectively manage multiple time-sensitive tasks
Bonus points:
- Direct exposure to B2B payments within the financial services industry
- Coordinate the application process for state Money Transmission Licenses while leading all regulatory affairs for A Financial Services Company
- Serve as the focal point for supervisory authorities during the state Money Transmission Licensing application process and after licenses are obtained
- Manage all regulatory examinations and response to supervisory requests and requirements
- Provide day-to-day legal guidance on regulatory matters related to A Financial Services Company new and existing products and services, and lead regulatory change management efforts within the company
About the Team:
Rigorous management of legal issues and strict compliance with all applicable laws and regulations is core to A Financial Services Company culture and the value proposition we offer to our customers and partners. From a cultural perspective, doing the right thing is fundamental to our core values. We firmly believe that our company will do well by doing good. On the customer and partner side, we know that we need to earn and preserve the trust of the people we do business with. We are, after all, in the business of managing and moving other people's money. The essence of this relationship is trust, and that trust must be built on the policies, procedures, and controls that the Legal team supports.
