Commercial Counsel, Payments Specialist

2 days ago

San Francisco, California, United States Block Inc Full time
Job Title: Commercial Counsel, Payments

About the Role:

We are seeking a highly skilled Commercial Counsel to join our Payments team at Block Inc. As a key member of our legal team, you will provide commercial legal support to our Afterpay, Cash App, Square, and Tidal teams.

Key Responsibilities:

  • Draft and negotiate complex payments, banking, and other commercial agreements
  • Partner with Regulatory and Product Counsels to ensure compliance with our commercial obligations
  • Provide concise legal advice with a focus on a principled risk approach
  • Resolve issues that arise in existing commercial relationships
  • Collaborate with cross-functional teams to assess legal risks and develop strategies to mitigate risks while supporting business growth and new ideas
  • Stay abreast of regulatory developments and industry trends affecting payments and banking, and advise relevant stakeholders on compliance requirements and best practices
  • Help maintain commercial payments templates, playbooks, and processes

Requirements:

  • At least 10 years of relevant experience, with a focus on commercial transactions in payments, banking, or financial services
  • Prior experience working with payment networks, issuers, acquirers, or payment facilitators
  • Knowledge of financial services and payments compliance requirements, including issuing, acquiring, networks, partnerships, data security, and privacy within the payments industry
  • Experience drafting and negotiating complex contracts
  • Demonstrated background in communication and coordination of complex issues and projects with diverse levels of management and employees
  • A passion for the payments industry
  • Team-oriented and collaborative approach, leaving ego at the door
  • A J.D. with an active membership in at least one state bar

Preferred Qualifications:

  • In-house experience at a Fintech or financial services company
  • Familiarity with the electronic financial services sector, including knowledge of merchant processing arrangements, buy-now-pay-later models, networks, payment association rules, banking and credit laws, and financial privacy regulations

About Block Inc:

Block Inc is a leading financial technology company that is revolutionizing the way people pay and get paid. We are committed to innovation, customer satisfaction, and employee growth.

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