VP Counsel, Payments and Money Movement Expert

4 days ago


Roseland, New Jersey, United States ADP - Automatic Data Processing Full time
Job Description

ADP is seeking a highly skilled VP Counsel, Payments and Money Movement to join our team. As a key member of our legal department, you will provide expert legal advice and support to cross-functional teams related to ADP's domestic money movement products and services.

Key Responsibilities:
  • Provide day-to-day legal and compliance guidance to ensure product compliance in highly regulated areas of wage payments, consumer financial services, and money movement.
  • Lead and support the development of compliance initiatives and programs to ensure adherence to relevant laws and regulations.
  • Collaborate with senior management, business unit management, and external partners to ensure effective implementation of compliance strategies.
  • Monitor and analyze emerging regulatory developments to ensure ADP's compliance with changing laws and regulations.
  • Establish and maintain effective working relationships with business and functional associates, including participation on the Employee Financial Solutions senior leadership team.
Requirements:
  • J.D. required and admission to a state bar in good standing.
  • 10+ years of legal experience, with 3-5+ years of experience dealing with wage payment matters, state/federal money transmitter/money services business matters, and/or use of prepaid accounts for wage payments.
  • Experience in interfacing with regulators and advising senior and business unit management on compliance-related matters is preferred.
Preferred Qualifications:
  • Compliance-related experience in state payroll laws, Regulation E of the Electronic Funds Transfer Act, UDAAP, NACHA, state/federal money transmitter/MSB laws, and a working knowledge of the Bank Secrecy Act and implementation and oversight of anti-money laundering programs.
  • Proven ability to build strong relationships with key stakeholders and negotiate and draft complex bank and network agreements.
  • Experience in legislative/regulatory processes and/or client-facing roles is a plus.

ADP is a global leader in human resources technology, offering the latest AI and machine learning-enhanced payroll, tax, human resources, benefits, and more. We believe our people make all the difference in cultivating an inclusive, down-to-earth culture that welcomes ideas, encourages innovation, and values belonging.



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