Licensing & Examination Manager, Cash App
It all started with an idea at Block in 2013. Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic ecosystem, developing unique financial products, including Afterpay/Clearpay, to provide a better way to send, spend, invest, borrow and save to our 47 million monthly active customers. We want to redefine the world’s relationship with money to make it more relatable, instantly available, and universally accessible.
Today, Cash App has thousands of employees working globally across office and remote locations, with a culture geared toward innovation, collaboration and impact. We’ve been a distributed team since day one, and many of our roles can be done remotely from the countries where Cash App operates. No matter the location, we tailor our experience to ensure our employees are creative, productive, and happy.
Check out our locations, benefits, and more at cash.app/careers.
Cash App’s dedicated Legal Team is seeking a Licensing & Examination Manager to uphold and maintain the Cash App product’s licensing and regulatory obligations. You will work alongside a team of regulatory attorneys dedicated to serving the Cash App product and partner with members of the finance, compliance, analytics, product and other teams to ensure that Block is compliant with applicable requirements while streamlining regulatory impact and facilitating innovation. This is an exciting opportunity for someone who enjoys developing a deep understanding of the regulatory landscape and advising internal stakeholders on emerging legal requirements. As part of Cash App's legal team, your ideas and contributions will have immediate impact. This is a full-time role that can be remote and will report to Cash App's Lead Payments Regulatory Counsel.
- Co-manage a money transmitter licensing program that fulfills our legal and regulatory responsibilities, while endeavoring to minimize business and product impact
- Partner cross-functionally with compliance, legal, finance, business, and product teams to interpret, communicate, and operationalize licensing and regulatory requirements
- Manage the day-to-day obligations of our licenses including notifying regulators of product updates, submitting materials for director and officer changes, managing our bond program, among others
- Complete regulatory reporting requirements by gathering data from various team members, harmonizing data and ensuring that all reports are submitted with care and on time
- Lead the examination process from the First Day Letter to the remediation of any findings
- Maintain relationships with all partners and state and federal regulators and respond to regulatory requests in a timely and regulatorily-compliant manner
- Retain all regulatory records, submissions, communications associated with the regulators and jurisdictions you cover
- Manage assigned work with a team-oriented approach
- 6+ years experience in legal, compliance, or regulatory affairs, preferably in the money transmission and money services industry
- Experience with licensing maintenance and management; NMLS and examination experience a plus
- Familiarity with BSA/AML, money transmission regulations, FINRA and SEC broker-dealer requirements, virtual currency requirements and industry best practices
- Strong organization and process management skills and have a high attention to detail working in a strict deadline-driven environment
- Passion for creating and implementing efficient operational and logistical efficiencies
- Strong communication, critical thinking, analytical, and problem-solving skills, particularly in interpreting and articulating legal and regulatory obligations
- Discretion and personal integrity, especially in regards to sensitive financial, personal, and corporate information
- Passion for creating and implementing efficient operational and logistical efficiencies and strong organizational and process management skills generally
- Respectfulness, sensitivity, and personal integrity, in all dealings with teammates, internal stakeholders, regulators and other third parties
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 $184,100 - USD $225,000
Zone B: USD $171,200 - USD $209,200
Zone C: USD $162,000 - USD $198,000
Zone D: USD $152,700 - USD $186,700
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.
Full-time employee benefits include the following:
- Healthcare coverage (Medical, Vision and Dental insurance)
- Health Savings Account and Flexible Spending Account
- 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 (including 12 paid holidays)
- Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
- Learning and Development resources
- Paid Life insurance, AD&D, and disability benefits
- Additional Perks such as WFH reimbursements and free access to caregiving, legal, and discounted resources
These benefits are further detailed in Block's policies. 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, 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.
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.