ILC Corporate and Banking Paralegal

  • San Francisco, CA
  • Full-time
  • Alternate Location: New York, United States

Company Description

Square builds common business tools in unconventional ways so more people can start, run, and grow their businesses. When Square started, it was difficult and expensive (or just plain impossible) for some businesses to take credit cards. Square made credit card payments possible for all by turning a mobile phone into a credit card reader. Since then Square has been building an entire business toolkit of both hardware and software products including Square Capital, Square Terminal, Square Payroll, and more. We’re working to find new and better ways to help businesses succeed on their own terms—and we’re looking for people like you to help shape tomorrow at Square.

Job Description

{This position can be based in our San Francisco, Oakland, New York or Salt Lake City office or remote.}

Square is looking for a paralegal with relevant corporate and regulated financial institution experience. If hired, you will help provide organizational and substantive support to the attorneys on the counsel team building the first fintech ILC, you will build new systems and procedures, and you will work with the legal team, contracts managers, operations and compliance teams. This is a great opportunity to join a growing legal team and work on new issues in an exciting environment. As we expand our offerings, your ideas and contributions will make an immediate impact. A creative legal mind and a sense of adventure are all required.

Core competencies include: corporate governance paralegal experience, banking industry experience, critical thinking skills.

The interview process includes a phone screen with a recruiter and the hiring manager and then a video interview with paralegals and attorneys at Square. 

You will, under the direction of the Capital Counsel Lead:

  • Help form Square’s independent industrial loan company (ILC) bank subsidiary and related Square commitments and obligations

  • Support the ILC legal team by coordinating requests and corporate actions between Square’s parent company and its independent ILC bank subsidiary and ensuring compliance with regulatory requirements 

  • Prepare related materials for the ILC’s board of directors and monitor affiliate transactions

  • Provide administrative support to the ILC legal team and help manage important transaction documents, drafting corporate organizational documents, reviewing and executing contracts, and maintaining confidentiality

  • Manage corporate records and help coordinate with the Square and ILC banking, finance and regulatory teams on different requests in connection with regulatory filings and examinations and audits

  • Manage special corporate projects

  • Help with the filing of registrations and similar documents with the Secretary of State and other government agencies

  • Work with our internal Square and ILC banking, business, and compliance teams, and with external advisors and experts

  • Manage projects with a team-oriented approach


You have:

  • At least three (3) years of experience as a paralegal at a public banking institution or the banking group of a large law firm

  • General knowledge of federal and state laws and regulations affecting industrial loan companies (or similar banking institutions), including Regulation W, FDIC rules and regulations, Consumer Finance Protection Agency, and other applicable law

  • Experience with commercial lending business and deposit products

  • Project management experience

  • B.A./B.S.

  • Work in a team to help achieve corporate team goals

  • Ability to work nights and weekends as needed

  • Ability to work independently and move projects forward

Additional Information

At Square, we value diversity and always treat all employees and job applicants based on merit, qualifications, competence, and talent. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us by sending an email to assistance(at) We will treat your request as confidentially as possible. In your email, please include your name and preferred method of contact, and we will respond as soon as possible.


At Square, we want you to be well and thrive. Our global benefits package includes:
  • Healthcare coverage
  • Retirement Plans
  • Employee Stock Purchase Program
  • Wellness perks
  • Paid parental leave
  • Flexible time off
  • Learning and Development resources