Payments Attorney
Payments Attorney
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Base Salary Range: $185K 259K
We are seeking a Payments Compliance Attorney to support the creation of Xs new payments functionality and related compliance requirements as we create the app of everything. This is a once in a career opportunity to work at a fast moving and agile company that is changing the social media landscape.
As part of the Regulatory Legal & Compliance Team you will take a central role advising the X Payments business on legal and regulatory requirements as product functionality develops and roll out occurs internationally. You will need to be flexible and responsive supporting the product team and compliance colleagues in the build of the required systems and controls as expected by global financial services regulators. You will also advise on BSA/AML and Sanctions and Export Control issues for X Corp as a whole and support the 5 pillars of an effective AML program (internal controls riskbased CDD independent testing compliance officer and employee training).
Responsibilities:
Provision of legal advice on legislative and regulatory Federal and State matters relating to payments functionality across the USA partnering with Xs 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 Xs 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.
Qualifications:
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 DoddFrank 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 problemsolving skills.
Ability to work independently and collaboratively in a fastpaced dynamic environment.
Attention to detail and a commitment to excellence in legal and regulatory compliance.
Employment Type
Full-Time
