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Block · 1 day ago

Commercial Counsel, Payments and Banking

United States

Full-time

Remote

Senior Level, Lead/Staff

$218K/yr - $327K/yr

8+ years exp

Block is a company focused on economic empowerment, and they are seeking a Commercial Counsel for their Payments and Banking division. The role involves providing legal support for complex agreements, ensuring compliance with regulations, and collaborating with cross-functional teams.

Financial Services

H1B Sponsor Likely

Responsibilities

Draft and negotiate complex payments, banking, and other commercial agreements

Provide concise legal advice with a focus on a principled risk approach

Resolve issues that arise in existing commercial relationships

Partner and collaborate with cross-functional partners to assess legal risks, develop strategies to mitigate risks while supporting business growth and new ideas, and ensure compliance with our commercial obligations

Stay abreast of regulatory developments and industry trends affecting payments and banking, and advise relevant stakeholders on compliance requirements and best practices

Use AI in daily work to streamline processes and create efficiencies

Help maintain commercial payments templates, playbooks, and processes

Qualification

Commercial transactionsPayments compliance knowledgeContract negotiationIn-house legal experienceFinancial services experiencePassion for paymentsCommunication skillsTeam collaboration

Required

A J.D. with an active membership in at least one state bar

8+ years of experience, with a focus on commercial transactions in payments, banking, or financial services

In-house experience at a Fintech or financial services company

Prior experience working with payment networks, issuers, acquirers, or payment facilitators

Knowledge of financial services and payments compliance requirements, including issuing, acquiring, networks, partnerships, data security, and privacy within the payments industry

Experience drafting and negotiating complex contracts

Demonstrated background in communication and coordination of complex issues and projects with diverse levels of management and cross-functional partners

A passion for the payments industry

Team-oriented and collaborative approach, leaving ego at the door

Benefits

Remote work

Medical insurance

Flexible time off

Retirement savings plans

Modern family planning

Company

Block

Glassdoor3.9

Block is one company built from many blocks, all united by the same purpose of economic empowerment.

Founded in 1990

Oakland, California, US

10001+ employees

https://block.xyz/

H1B Sponsorship

Block has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (257)

2024 (253)

2023 (260)

2022 (297)