Overview
Full-time role for a Senior Corporate Counsel focused on Financial Services. This position is fully remote within the U.S. (no in-office requirements). You must be available five days per week during designated work hours. The work arrangement may change based on business needs and individual performance, which could include adjustments to on-site requirements or schedule expectations.
Responsibilities
- Serve as the primary internal legal advisor on financial services, money movement, and fiduciary activities across the product and service portfolio
- Provide legal counsel on the formation, chartering, licensing, and ongoing operation of regulated financial services entities, including national trust bank and depository institution structures
- Lead legal workstreams supporting new banking license applications and material change filings with federal banking agencies (OCC, FRB, FDIC) and state financial services regulators, in coordination with external regulatory counsel
- Advise on money transmission licensing strategy and lifecycle activities through NMLS, including new state applications, renewals, material change notifications, and regulator engagement
- Draft, review, and negotiate corporate, commercial, and regulatory agreements, including intercompany agreements, service agreements, sponsor bank partnership agreements, vendor and outsourcing arrangements, and account documentation
- Interpret and apply federal and state financial services laws and regulations, including the Bank Secrecy Act, USA PATRIOT Act, Bank Holding Company Act, Change in Bank Control Act, Regulation W, OCC fiduciary standards (12 CFR 9), UDAAP, EFTA/Reg E, and Reg CC
- Establish and maintain corporate governance, board and committee frameworks, delegated authority policies, and affiliate transaction controls required for a regulated financial services environment
- Partner with Compliance to ensure BSA/AML, OFAC, KYC/CDD/EDD, and consumer financial protection obligations are embedded in product design, operations, and third-party arrangements
- Manage and coordinate external counsel across regulatory, transactional, litigation, and specialty matters, including scope, fees, and quality of deliverables
- Serve as the legal point of contact for regulator inquiries, examinations, and enforcement matters in coordination with senior leadership and external counsel
- Monitor and analyze legislative, regulatory, and supervisory developments impacting financial services and trust businesses, and translate them into actionable guidance for internal partners
- Support internal audit, enterprise risk, and regulatory examination readiness activities, including responses to information requests, findings, and remediation
- Provide regular updates and legal risk reporting to executive leadership, the AML Governance Committee, and other governance forums as appropriate
Requirements
- BBA / BA / BS degree required
- JD required + admission to a state / DC bar
- 10+ years of progressive legal experience in a combination of top-tier law firm, in-house financial services, and/or federal or state financial services regulatory agency environments required
- 5+ years leadership experience
- Demonstrated experience advising on the formation, chartering, and stand-up of a national trust bank, national bank, or comparable depository institution, including engagement with the OCC and/or FRB, required
- Substantive expertise in financial services regulation, including UDAAP, EFTA/Reg E, Reg W, Reg CC, and related consumer financial protection regulations and money transmission licensing, including federal and state legal and regulatory frameworks
- Hands-on experience with OCC, FRB, FDIC, FinCEN, CFPB, and state financial services and money transmission regulators
- Working knowledge of BSA/AML, OFAC sanctions, KYC/CDD/EDD
- Familiarity with fiduciary and trust legal frameworks, including OCC 12 CFR 9 and state trust laws, strongly preferred
Preferred Qualifications
- Prior experience in payroll, HCM, spend management, embedded finance preferred
Compensation & Benefits
- Base pay range: $179K - $205K Max /yr (base pay may vary based on job-related knowledge, skills, and experience)
- Eligible for an annual bonus and restricted stock unit grant based on individual performance
- Full range of benefits provided, including medical, dental, vision, life, disability, and a 401(k) match
- Additional perks supporting employees, family, and finances
Location
- Fully Remote (U.S. Only)
- Work must be performed from home or location of record within the U.S. with no in-office requirements
- Must be available five days per week during designated work hours
Physical Requirements
- Ability to sit for extended periods (typically 7–8 hours a day)
- Ability to use computer and phone systems, including typing and operating multiple software programs simultaneously
Equal Opportunity
This employer is an equal-opportunity employer and is committed to full inclusion of all individuals. Reasonable accommodations are provided for applicants and employees with disabilities in accordance with federal and state disability laws.