Square Inc.
Regulatory Counsel
Square Inc., San Francisco, California, United States, 94199
Since we opened our doors in 2009, the world of commerce has evolved immensely, and so has Square. After enabling anyone to take payments and never miss a sale, we saw sellers stymied by disparate, outmoded products and tools that wouldn’t work together.
So we expanded into software and started building integrated, omnichannel solutions – to help sellers sell online, manage inventory, offer buy now, pay later functionality through Afterpay, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we’ve embedded financial services tools at the point of sale, so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth, enabling sellers to capture the next generation shopper, increase order sizes, and compete at a larger scale.
Today, we are a partner to sellers of all sizes – large, enterprise-scale businesses with complex operations, sellers just starting, as well as merchants who began selling with Square and have grown larger over time. As our sellers grow, so do our solutions. There is a massive opportunity in front of us. We’re building a significant, meaningful, and lasting business, and we are helping sellers worldwide do the same.Job Description
We are looking for an attorney to provide guidance on regulatory matters and industry developments related to Square’s expanding payments and financial services activities. This is a great opportunity for a collaborative, creative legal mind who is interested in contributing to company-wide programs to support compliance with licensing, regulatory, and payment systems requirements. This is a full-time role, reporting to Square's General Counsel.You Will:Deliver business-oriented legal advice on regulatory matters for new and existing payment processing and financial services productsSupport our regulatory change management program by tracking regulatory developments and evaluating how new laws and regulations might affect our businessTeam up with other Block Regulatory Counsel to help shape regulatory strategy across the Block ecosystemPartner with government relations teams to evaluate state and federal legislative proposalsWork with our product, risk, industry relations, and compliance teams on risk assessments, internal audits, and regulatory examsProvide regulatory support to our Complaints Management teamAnalyze and train others on emerging regulatory and policy trends related to generative AIQualifications
You Have:A law degree (JD) and you are licensed to practice in the United States6+ years of experience working for a financial services regulatory agency, in-house fintech or bank legal department, or law firmWorking knowledge of key financial services rules and regulations (e.g., BSA/AML, sanctions, FinCEN and OFAC rules, Fair Credit Reporting Act, third-party risk management frameworks, FDI Act, unclaimed property laws, CFPB Regulation E, PCI DSS, Nacha requirements, state money transmission laws)Experience working with US financial services regulators (state or federal); experience with regulators outside of the US is a plusA team-oriented, collaborative approachAdditional 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 $217,800 - USD $326,800Zone B: USD $202,600 - USD $303,800Zone C: USD $191,700 - USD $287,500Zone D: USD $185,200 - USD $277,800Full-time employee benefits include the following:Healthcare coverage (Medical, Vision and Dental insurance)Health Savings Account and Flexible Spending AccountRetirement Plans including company matchEmployee Stock Purchase ProgramWellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowancePaid parental and caregiving leavePaid 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 resourcesPaid Life insurance, AD&D, and disability benefitsThese 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.
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So we expanded into software and started building integrated, omnichannel solutions – to help sellers sell online, manage inventory, offer buy now, pay later functionality through Afterpay, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we’ve embedded financial services tools at the point of sale, so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth, enabling sellers to capture the next generation shopper, increase order sizes, and compete at a larger scale.
Today, we are a partner to sellers of all sizes – large, enterprise-scale businesses with complex operations, sellers just starting, as well as merchants who began selling with Square and have grown larger over time. As our sellers grow, so do our solutions. There is a massive opportunity in front of us. We’re building a significant, meaningful, and lasting business, and we are helping sellers worldwide do the same.Job Description
We are looking for an attorney to provide guidance on regulatory matters and industry developments related to Square’s expanding payments and financial services activities. This is a great opportunity for a collaborative, creative legal mind who is interested in contributing to company-wide programs to support compliance with licensing, regulatory, and payment systems requirements. This is a full-time role, reporting to Square's General Counsel.You Will:Deliver business-oriented legal advice on regulatory matters for new and existing payment processing and financial services productsSupport our regulatory change management program by tracking regulatory developments and evaluating how new laws and regulations might affect our businessTeam up with other Block Regulatory Counsel to help shape regulatory strategy across the Block ecosystemPartner with government relations teams to evaluate state and federal legislative proposalsWork with our product, risk, industry relations, and compliance teams on risk assessments, internal audits, and regulatory examsProvide regulatory support to our Complaints Management teamAnalyze and train others on emerging regulatory and policy trends related to generative AIQualifications
You Have:A law degree (JD) and you are licensed to practice in the United States6+ years of experience working for a financial services regulatory agency, in-house fintech or bank legal department, or law firmWorking knowledge of key financial services rules and regulations (e.g., BSA/AML, sanctions, FinCEN and OFAC rules, Fair Credit Reporting Act, third-party risk management frameworks, FDI Act, unclaimed property laws, CFPB Regulation E, PCI DSS, Nacha requirements, state money transmission laws)Experience working with US financial services regulators (state or federal); experience with regulators outside of the US is a plusA team-oriented, collaborative approachAdditional 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 $217,800 - USD $326,800Zone B: USD $202,600 - USD $303,800Zone C: USD $191,700 - USD $287,500Zone D: USD $185,200 - USD $277,800Full-time employee benefits include the following:Healthcare coverage (Medical, Vision and Dental insurance)Health Savings Account and Flexible Spending AccountRetirement Plans including company matchEmployee Stock Purchase ProgramWellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowancePaid parental and caregiving leavePaid 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 resourcesPaid Life insurance, AD&D, and disability benefitsThese 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.
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