Payments Attorney
| Company | X |
|---|---|
| Location | San Jose, CA, USA, New York, NY, USA |
| Salary | $185000 – $259000 |
| Type | Full-Time |
| Degrees | JD |
| Experience Level | Expert or higher |
Requirements
- Juris Doctor (JD) degree from an accredited law school.
- Admission to the bar in at least one state in the USA.
- 8+ years of experience practicing law with a focus on payments compliance, preferably in the financial services or fintech industry.
- Strong knowledge of federal and state laws and regulations governing payment services, including but not limited to, BSA/AML, Dodd-Frank, UCC, and consumer protection laws.
- Experience working with payment networks, processors, and regulatory agencies such as the CFPB, OCC, and FinCEN.
- Excellent analytical, communication, and problem-solving skills.
- Ability to work independently and collaboratively in a fast-paced, dynamic environment.
- Attention to detail and a commitment to excellence in legal and regulatory compliance.
Responsibilities
- Provision of legal advice on legislative and regulatory Federal and State matters relating to payments functionality across the USA, partnering with X’s Payments Product Counsel, Government Affairs, Litigation, Compliance, Privacy and other teams.
- Leading on advice to X Payments and X Corp on Sanctions, Export Controls and related corporate compliance matters.
- Collaborating with legal and policy colleagues to ‘join the dots’ between requirements impacting the X platform (content compliance, privacy compliance) and ensuring the compliant design and deployment of new payments functionality.
- Supporting and collaborating with X’s Chief Compliance Officer for Payments and advising on appropriate systems, controls and policies as expected by financial services regulators.
- Advising on the adequacy of the X Payments risk management framework and lifecycle.
- Directly contribute to and help coordinate responses to external inquiries and administrative procedures related to legal and regulatory matters, including collaborating effectively with outside counsel.
- Support with regulatory engagements, in particular with State and Federal regulators, including helping to prepare materials.
- Keeping abreast of global payments regulation and working with outside counsel to secure appropriate licenses in other jurisdictions.
Preferred Qualifications
-
No preferred qualifications provided.