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Block · 1 day ago

Banking Regulatory Counsel

Bay Area, CA, United States of America

Full-time

Onsite

Senior Level

$180K/yr - $270K/yr

6+ years exp

Block is a company focused on economic empowerment, and they are seeking a regulatory counsel to support commercial and consumer banking initiatives. This role involves providing legal and regulatory advice on banking products and ensuring compliance with relevant laws and regulations.

Financial Services

H1B Sponsor Likely

Responsibilities

Provide legal and regulatory advice on our products to members of the Counsel team, business and functional partners on laws and regulations relevant to banking entities and other financial services businesses such as Affiliate Transactions / Regulation W, Regulation D, Truth In Savings Act (TISA)/Regulation DD, Electronic Fund Transfer Act (EFTA)/Regulation E, Bank Secrecy Act (BSA), evolving laws in the digital asset and tokenization space and other laws affecting consumer and small business deposit and money movement products and regulated financial institutions

Advise on legal, regulatory, and industry requirements for Industrial Loan Companies (ILC) and banking partnership products and provide clear and actionable advice

Actively cultivate creative ideas and insights into how legal frameworks can support new product developments and customer experiences

Manage projects to ensure internal and external resources adhere to the project scopes and implementation plans, including risk mitigation

Analyze the impact of new applicable laws and regulations and regulatory enforcement activity to SFS and Block

Provide risk-based legal advice to meet business objectives

Partner with our business, second line and third line of defense functions and with external advisors and experts

Qualification

Banking regulatory experienceCommercial banking expertiseLegal advice on regulationsJ.D. DegreeState bar membershipProduct development knowledgeProject managementDrafting skillsOrganizational skillsCollaboration skills

Required

6+ years experience at a bank, law firm (with bank regulatory experience) financial services fintech and/or financial services regulatory agency

Subject matter expertise in commercial and consumer banking business with benefit of experience with banking partner relationships and deposit products

Familiarity with launching products and advising on the legal and regulatory aspects of product development in the technology space

Strong reviewing and drafting skills; commitment to quality through demonstrated accuracy and thoroughness

Ability to organize and prioritize a heavy workload in a dynamic and complex environment to meet deadlines and daily requirements, while maintaining exceptional accuracy

Proven success working with all levels of management

J.D. Degree in good standing

Membership in at least one state bar

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)