Job Responsibilities:
- Provide commercially pragmatic and trusted legal advice on the reasonableness and/or viability of innovative payments products and services, including digital wallets, card provisioning and tokenization, and e-commerce payments and develop subject matter expertise on the applicable laws, regulations and payment network rules
- Issue-spot, research, appropriately escalate, and help to resolve risks and concerns related to payments products and initiatives and applicable laws and regulations, including EFTA, Regulation Z, UDAAP/UDAP, and GLBA
- Interact with and provide support to senior business clients, other legal teams, and control partners on legal issues, new business initiatives, regulatory items and product roadmap and strategy
- Collaborate with other control partners to ensure appropriate awareness, escalation and resolution of issues
- Participate in legal department and/or cross line of business initiatives and projects, including fostering awareness of emerging payments issues across CCB and CIB Legal
- Participate as the team representative in certain committees, programs and forums, and ensure other team members are aware of relevant issues
- Contribute to the strong culture, collaboration, and cohesiveness of the Payments legal team
Required qualifications, capabilities, and skills:
- Must be licensed to practice law and a member in good standing in the state in which the position is based or otherwise be in or gain compliance with the in-house counsel registration of that state
- At least five years of legal experience in a law firm or in-house legal department
- Excellent verbal and written communication skills
- A natural ability and inclination to think and act collaboratively and as a strong team player
- The flexibility, perseverance and patience necessary to work through ambiguity and see a matter to completion
- Excellent analytical, problem-solving, and decision-making skills, combined with effective time management
- The ability to foster and maintain strong relationships with business partners of all levels, other lawyers, control partners, and external stakeholders
- An ability to bring to bear different perspectives to achieve the best outcome for the Firm, while also being able to comfortably work in a fast-paced, constantly changing environment
Preferred qualifications, capabilities, and skills:
- Prior experience with or interest in payments and/or technology matters
- Familiarity with regulatory advocacy, network rules (e.g., Visa, Mastercard, ACH, RTP, EWS, Federal Reserve), and antitrust considerations are a plus, although not necessary
- A good sense of humor