Regulatory Counsel

  • San Francisco, CA
  • Employees can work remotely
  • Full-time
  • Alternate Location: New York, United States

Company Description

Founded in July 2021, TBD is Block’s newest business unit.  Our team is building an open source developer platform and primitives that will help unlock the next wave of innovation in financial services — which we believe will be decentralized, permissionless, and non-custodial.  As such, we will eschew custodial and traditional centralized approaches — and instead, shape Block’s strategy in building for a non-custodial world, embracing the decentralized and democratized nature of crypto.  The offerings we build will provide developers, institutions, and individuals with the capabilities needed to access this decentralized future.  Our vision is to leverage bitcoin and other blockchain technologies to reinvent the global financial system in an open and permissionless way to further Block’s mission of economic empowerment and financial inclusion for all, with a global focus. 

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

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, veteran status, 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, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Perks

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

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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