Bill Pay Counsel

Added
11 days ago
Type
Full time
Salary
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Related skills

payments partnerships contract drafting disclosures payments regulations

πŸ“‹ Description

  • Embedded legal partner to engineering, design, and product on bill pay features.
  • Advise on money transmission requirements for products.
  • Assess regulatory impact of product architecture and payment flows.
  • Collaborate with compliance, risk, marketing, sales, partnerships, and banks.
  • Translate regulatory requirements into practical product decisions.
  • Decide when to use in-house vs outside counsel.

🎯 Requirements

  • 4+ years in law firms/fintech advising on money transmission.
  • Familiarity with money transmission laws, licenses, BSA/AML, Reg E, NACHA, disclosures.
  • Excellent written and verbal communication for memos, guides, agreements.
  • Ownership mindset with the ability to handle complex matters with sound judgment.
  • Entrepreneurial mindset in a fast-paced environment.
  • Law degree and admitted to practice in at least one jurisdiction.

🎁 Benefits

  • Hybrid NYC office with remote options.
  • Up to four weeks per year fully remote.
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