Overview
This role involves serving as Fintech Counsel within a Corporate Legal Team, reporting to the VP, Corporate Counsel. The position focuses on managing legal affairs related to partnerships with financial technology (Fintech) companies, including contract negotiation, regulatory compliance, and relationship management. The role is remote with occasional travel as needed.
Candidates must reside in one of the following states: West Virginia, Virginia, Texas, Florida, Ohio, Pennsylvania, Maryland, Washington D.C., New York, New Jersey, Arizona, North Carolina, Georgia, or South Dakota.
Responsibilities
- Negotiate, coordinate, and draft agreements with fintech partners, including vendor agreements, statements of work, and change orders.
- Develop and update contract templates to mitigate risk and streamline negotiations for internal stakeholders.
- Maintain a deep understanding of the payments ecosystem, including key players, processes, and regulatory requirements.
- Ensure compliance with legal requirements related to card issuing, money movement, and merchant acquiring.
- Apply knowledge of industry frameworks such as card brand rules, NACHA, and The Clearinghouse.
- Support regulatory reporting and interactions with federal and state agencies to ensure compliance.
- Assist in risk management activities, including developing risk assessments and strategies for fintech partnerships.
- Identify and analyze complex legal issues, develop conclusions, and propose recommendations for resolution.
- Manage ongoing relationships with fintech partners, ensuring contractual commitments are tracked and fulfilled.
- Consistently work efforts may exceed 40 hours per week.
Requirements
- Juris Doctor degree from an accredited law school.
- Licensed and in good standing with the appropriate state bar association or attorney licensing authority.
- Minimum of 4 years of experience in a corporate legal department and/or law firm, with emphasis on payments, contract negotiation, banking, or fintech partnerships.
- Advanced knowledge of regulatory requirements related to payments financial services (card issuing, money movement, merchant acquiring) preferred.
- Advanced knowledge of payments industry self-regulatory frameworks, including NACHA and The Clearinghouse, preferred.
- Strong verbal and written communication skills, professional presentation, and organizational abilities.
- Ability to think critically and creatively in a fast-paced, complex environment.
- Self-motivated with the ability to work independently and collaboratively.
- Business-minded problem solver with strong judgment and professionalism.
- Proficiency with Microsoft Office applications and web-based software.
Preferred Qualifications
- Experience supporting regulatory reporting and risk management related to fintech partnerships.
- Familiarity with the payments ecosystem and related legal frameworks.
Compensation & Benefits
- Medical, Dental, and Vision Insurance
- Health Savings Account (HSA), Health Reimbursement Account (HRA), and Flexible Spending Accounts (FSA)
- Short- and Long-Term Disability Plan
- Group Life Insurance
- 401(k) Salary Deferral Plan
- Wellness Program
- Education and Tuition Expense Reimbursement
- Paid Time Off and Vacation Purchase Program
- Nationwide Pet Insurance Coverage
Location
Remote position with periodic travel as necessary. Candidates must reside in one of the following states: West Virginia, Virginia, Texas, Florida, Ohio, Pennsylvania, Maryland, Washington D.C., New York, New Jersey, Arizona, North Carolina, Georgia, or South Dakota.