drjobs Senior Director Banking Counsel

Senior Director Banking Counsel

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Portsmouth, VA - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Why Choose Bottomline

Are you ready to transform the way businesses pay and get paid Bottomline is a global leader in business payments and cash management with over 35 years of experience and moving more than $16 trillion in payments annually. Were looking for passionate individuals to join our team and help drive impactful results for our customers. If youre dedicated to delighting customers and promoting growth and innovation we want you on our team!

The Role

The Senior Director Banking Counsel will be required to review and negotiate technology contracts between Bottomline and banks and financial institutions in a fastpaced environment with the goal of internal stakeholder collaboration risk mitigation internal policy compliance and corporate goals and objectives. This position will provide expert legal advice on a wide range of financial transactions and topics and ensure compliance with regulatory standards and laws. The Senior Director Banking & Financial Institution Counsel will navigate complex financial regulations and safeguard Bottomlines interests in a constantly evolving financial landscape.

This role is Hybrid and must be able to commute to Portsmouth NH

How youll contribute

  • Review draft and negotiate license SaaS service and resale contracts with banks and other financial institutions.
  • Offer legal advice on banking regulations compliance and governance.
  • Collaborate with compliance risk and business teams on legal issues.
  • Monitor changes in financial regulations to provide proactive updates on potential impacts.
  • Lead the review drafting and negotiation of complex technology contracts and agreements between Bottomline and banks/financial institutions ensuring favorable terms while mitigating risk.
  • Provide expert legal advice on banking and financial services regulations ensuring compliance with all applicable laws including but not limited to U.S. banking regulations fintech industry requirements and global financial regulatory frameworks.
  • Identify and assess legal risks associated with financial transactions advising internal stakeholders on risk mitigation strategies in alignment with corporate objectives.
  • Partner closely with business leaders sales teams compliance officers and other internal stakeholders to align contract terms and legal strategies with Bottomlines broader business goals.
  • Advise on a variety of financial transactions including payment processing digital banking solutions and financial technology services ensuring adherence to legal and regulatory requirements.
  • Support the development and implementation of internal policies governance frameworks and best practices to ensure compliance with evolving financial and technology regulations.
  • Provide legal support on disputes and regulatory inquiries involving financial institutions working with external counsel as needed.
  • Stay up to date with changes in banking financial services and fintech regulations proactively advising leadership on potential impacts to Bottomlines business.

If you have the attributes skills and experience listed below we want to hear from you.

  • Proven track record in drafting reviewing and negotiating agreements with financial institutions.
  • Deep understanding of federal and state banking regulations and compliance requirements.
  • Excellent negotiation and communication skills with the ability to manage multiple stakeholders.
  • Ability to manage and prioritize multiple projects and deadlines.
  • Extensive experience negotiating and managing complex contracts with banks and financial institutions.
  • Strong business acumen and ability to align legal strategies with corporate objectives.
  • Ability to work in a dynamic fastpaced environment with evolving regulatory landscapes.
  • Experience in a fintech banking or financial services environment.
  • Familiarity with payments SaaS agreements and digital banking solutions.
  • Previous inhouse counsel experience supporting financial institutions.
  • Minimum of 10 years of experience in federal and state banking finance and data protection laws regulations compliance and applicable rules (e.g. FDIC CFPB FinCEN AML KYC NACHA PCI etc..
  • Juris Doctor (JD) degree from an accredited law school.
  • Membership in good standing with a state bar association.

#LIAD1

We welcome talent at all career stages and are dedicated to understanding and supporting additional needs. Were proud to be an equal opportunity employer committed to creating an inclusive and open environment for everyone.


Required Experience:

Exec

Employment Type

Full Time

Company Industry

About Company

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.