Regulatory Counsel
- Full-time
- Alternate Location: New York, United States
Company Description
Job Description
Square is looking for a regulatory counsel to support our banking and lending efforts, specifically for our new banking subsidiary (ILC). 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. You will report to the Legal Lead, Capital.
You will:
Provide legal and regulatory advice on our products to members of the Counsel team and partners on laws relevant to banking entities and other financial services businesses such as the Gramm-Leach-Bliley Act (GLBA), Fair Credit Reporting Act (FCRA), Truth in Lending Act (TILA)/Regulation Z, Servicemembers Civil Relief Act (SCRA), Equal Credit Opportunity Act (ECOA)/Regulation B, Regulation W, UDAAP, Electronic Fund Transfer Act (EFTA)/Regulation E, Bank Secrecy Act (BSA) and other laws affecting consumer and small business credit products and regulated financial institutions
Advise on legal, regulatory, and industry requirements for banks
Analyze the impact of new applicable rules and regulations
Identify risk areas and develop systems and procedures to manage and reduce them
Balance risks and business reward
Work with our internal business and compliance teams, and with external advisors and experts
Manage projects
Qualifications
You have:
5+ years experience at a law firm (with bank regulatory experience) or financial services regulatory agency
Experience with FinTech and banking issues
Knowledge of commercial lending business and deposit products
Excellent negotiation and drafting skills and project management ability
J.D. Degree
Membership in at least one state bar
Additional Information
Perks
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
- Paid time off
- Learning and Development resources