Major, Lindsey & Africa’s Interim Legal Talent group is seeking an interim Commercial Counsel - Payments.
Overview : Our client is seeking an interim Commercial Counsel - Payments to provide coverage during a period of leave for someone on their in-house legal team.
Company: Private fintech company.
Experience: The ideal candidate will have a minimum of 7 years of experience with payments laws, financial regulations, data security/privacy, and money transmission.
Location: Remote US (may be required to work east coast hours needed).
Responsibilities Include:
- Draft, revise, and negotiate agreements on behalf of the Financial Services business units (payments, accounts, prepaid, bill payment, mobile, etc.) (35%)
- Review and revise cardholder agreements, marketing materials, website terms of use and other collateral items for compliance with federal and state data privacy, consumer protection & disclosure regulations (35%)
- Assist Compliance division with maintaining money transmission licenses, responding to audits and applying for new licenses (10%)
- Conduct regulatory analysis and prepare memorandums for new products and services to determine compliance and legal requirements (20%)
Qualifications Include:
- Minimum of 7 years of relevant experience, especially as it relates to reviewing, drafting and negotiating agreements on behalf of Financial Services business units, cardholder agreements, and marketing materials.
- Working knowledge of Regulation E, FinCEN and the laws governing the use of gift cards.
- Some prior in-house experience is required.
- Background in fintech or financial services is highly preferred.
- Prior big law experience is a strong plus.
- JD from ABA accredited school and active license in at least 1 US jurisdiction.
Pay: $100 to $110 per hour, depending on relevant experience, background, and qualifications.
Information regarding benefits can be found on MLA’s Website on the Consultant Resources Page:
All interested and qualified candidates should apply directly with Major, Lindsey & Africa for review and consideration.
Major, Lindsey & Africa does not discriminate against applications on the basis of age, sex, race or any other protected characteristics pursuant to applicable state or federal laws.
Bullhorn Job ID: 226868