Regulatory Counsel

  • New York, NY, United States
  • Full-time
  • Alternate Location: New York, United States

Company Description

TBD is Block's newest, emerging business unit- focused on building a future where every individual can access and participate in the global economy. The TBD team is on a mission to lead by example, inspiring the world to invest in & collaborate on open source standards and permissionless technologies for the public good. Join us as we build a financial system accessible for anyone who wants to participate.

Job Description

We are looking for a Regulatory Counsel to join TBD, Square's newest business unit. You have experience managing complex and technical regulatory matters, seeing around corners to spot challenges and opportunity, working cross-functionally to get exceptional outcomes, and advocating on behalf of issues at the regulatory intersection of financial services and technology such as decentralized finance (DeFi), cryptocurrencies, payments, remittances, as well as new and transformative financial products.

You are comfortable with ambiguity, and have deep experience with regulators in the financial services space. You are a regulatory counsel who has an active interest in blockchain and decentralized technologies, and is passionate about building a new financial system that can bring the benefits of crypto technologies to mainstream audiences.

You will report directly to the General Counsel of TBD.

You will: 

  • Advise on multiple regulatory matters affecting TBD's initiatives both inside and outside of the U.S.

  • Keep the business up to speed on how to offer remarkable product solutions to our customers that meet regulatory requirements

  • Identify, summarize, and analyze the impact of new and proposed applicable rules and regulations

  • Represent TBD with external audiences (policymakers, regulators, third party groups, etc) on complex regulatory matters

  • Oversee the licensing application and management function for all applicable jurisdictions

  • Identify risk areas and develop systems, policies, and procedures to manage and mitigate them

  • Partner with TBD business colleagues to better understand their development priorities and regulatory needs

  • Quickly scale the learning curve on new subject areas across domains and technologies, including blockchain, crypto technologies, and decentralized identity infrastructure

Qualifications

You have:

  • 10+ years experience at a law firm, financial services, payments, fintech and/or technology desirable

  • Experience with FinTech, crypto, payment and banking issues

  • Experience handling regulatory and enforcement matters and prior relationships with relevant regulators at the SEC, CFTC, FinCEN and other relevant state and federal agencies

  • JD and an active membership in a bar

  • Fluency in translating regulatory requirements and legal advice into actionable guidance for business and product teams

  • Technical savvy: particularly important to have experience working directly with senior engineers and engineering management. High degree of comfort and fluency with computers and technology, and understanding of how technology is applied to business and regulatory problems

  • Entrepreneurial spirit: You're a self-starter with flexible skills

Additional Information

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $296,600 - USD $362,500
Zone B: USD $296,600 - USD $362,500
Zone C: USD $296,600 - USD $362,500
Zone D: USD $296,600 - USD $362,500

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information. 

Benefits include the following:

  • Healthcare coverage
  • Retirement Plans including company match 
  • Employee Stock Purchase Program
  • Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance 
  • Paid parental and caregiving leave
  • Paid time off
  • Learning and Development resources
  • Paid Life insurance, AD&D. and disability benefits 
  • Perks such as WFH reimbursements and free access to caregiving, legal, and discounted resources 

This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. 

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page

Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

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