Block, Inc.
Payments and Banking Commercial Counsel Bay Area, CA, US
Block, Inc., California, Missouri, United States, 65018
Overview
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 expanded into software with integrated, omnichannel solutions — to help sellers sell online, manage inventory, offer buy now, pay later functionality, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we embed 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 and continue to grow our solutions as merchants expand. There is a massive opportunity in front of us as we build a significant, meaningful, and lasting business.
The Role
As the payments and banking commercial counsel, you will provide commercial legal support to our Afterpay, Cash App, Square, and Tidal teams. You will review, draft, and negotiate complex agreements with payments and banking partners including payment networks, financial institutions, payment aggregators, and cryptocurrency partners. You will collaborate with team members and cross-functional partners to ensure compliance with our commercial and regulatory obligations. We are seeking someone with transactional experience in issuing, acquiring, or with payment networks. Familiarity with cryptocurrency is a plus. This is an individual contributor role and reports to the Head of Payments and Banking Commercial Counsel. You Will
Draft and negotiate complex payments, banking, and other commercial agreements. Partner with Regulatory and Product Counsels to ensure compliance with our commercial obligations. Provide concise legal advice with a principled risk approach. Resolve issues that arise in existing commercial relationships. Collaborate with cross-functional partners to assess legal risks and develop strategies to mitigate risks while supporting business growth and new ideas. 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. You Have
At least 5–7 years of relevant experience, with a focus on commercial transactions in payments, banking, or financial services. 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 ability to communicate and coordinate complex issues and projects with diverse levels of management and employees. A passion for the payments industry. Team-oriented and collaborative approach, with a client-first mindset. A J.D. with an active membership in at least one state bar. Even Better
In-house experience at a fintech or financial services company. Familiarity with the electronic financial services sector, including knowledge of merchant processing arrangements, buy-now-pay-later models, networks, payment association rules, banking and credit laws, and financial privacy regulations. Familiarity with cryptocurrency, including ability to draft and negotiate agreements in this space. Ability to create AI tools that can be used by the team and other cross-functional partners. Equal Opportunity
We’re building a more inclusive economy where customers have equal access to opportunity, and we live by those values in building our workplace. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and fair chance ordinances. We are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. Applicants should share any needed accommodations with their recruiter, who will treat these requests as confidential. We encourage you to learn more about our workplace commitments on our I+D page. Hiring Process and Compensation
There is no specific deadline to apply for this role. U.S. roles are typically open for an average of 55 days before being filled. The date posted at the top of this job page indicates when it was first posted. Block uses a market-based pay approach; starting pay varies by location, skills, experience, and market conditions, and may be modified in the future. Zone designations and applicable salary ranges are listed below. If a location is not listed, please speak with a recruiter for more information. Zone A: $180,000 — $270,000 USD Zone B: $167,400 — $251,200 USD Zone C: $158,400 — $237,600 USD Zone D: $149,400 — $224,200 USD Use of AI in Our Hiring Process
We may use automated AI tools to evaluate job applications for efficiency and consistency. These tools comply with local regulations, including bias audits, and we handle all personal data in accordance with state and local privacy laws. Benefits include remote work, medical insurance, flexible time off, retirement savings plans, and family planning support. See our benefits on the Block site. Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each brand unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming how customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system open to everyone.
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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 expanded into software with integrated, omnichannel solutions — to help sellers sell online, manage inventory, offer buy now, pay later functionality, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we embed 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 and continue to grow our solutions as merchants expand. There is a massive opportunity in front of us as we build a significant, meaningful, and lasting business.
The Role
As the payments and banking commercial counsel, you will provide commercial legal support to our Afterpay, Cash App, Square, and Tidal teams. You will review, draft, and negotiate complex agreements with payments and banking partners including payment networks, financial institutions, payment aggregators, and cryptocurrency partners. You will collaborate with team members and cross-functional partners to ensure compliance with our commercial and regulatory obligations. We are seeking someone with transactional experience in issuing, acquiring, or with payment networks. Familiarity with cryptocurrency is a plus. This is an individual contributor role and reports to the Head of Payments and Banking Commercial Counsel. You Will
Draft and negotiate complex payments, banking, and other commercial agreements. Partner with Regulatory and Product Counsels to ensure compliance with our commercial obligations. Provide concise legal advice with a principled risk approach. Resolve issues that arise in existing commercial relationships. Collaborate with cross-functional partners to assess legal risks and develop strategies to mitigate risks while supporting business growth and new ideas. 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. You Have
At least 5–7 years of relevant experience, with a focus on commercial transactions in payments, banking, or financial services. 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 ability to communicate and coordinate complex issues and projects with diverse levels of management and employees. A passion for the payments industry. Team-oriented and collaborative approach, with a client-first mindset. A J.D. with an active membership in at least one state bar. Even Better
In-house experience at a fintech or financial services company. Familiarity with the electronic financial services sector, including knowledge of merchant processing arrangements, buy-now-pay-later models, networks, payment association rules, banking and credit laws, and financial privacy regulations. Familiarity with cryptocurrency, including ability to draft and negotiate agreements in this space. Ability to create AI tools that can be used by the team and other cross-functional partners. Equal Opportunity
We’re building a more inclusive economy where customers have equal access to opportunity, and we live by those values in building our workplace. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and fair chance ordinances. We are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. Applicants should share any needed accommodations with their recruiter, who will treat these requests as confidential. We encourage you to learn more about our workplace commitments on our I+D page. Hiring Process and Compensation
There is no specific deadline to apply for this role. U.S. roles are typically open for an average of 55 days before being filled. The date posted at the top of this job page indicates when it was first posted. Block uses a market-based pay approach; starting pay varies by location, skills, experience, and market conditions, and may be modified in the future. Zone designations and applicable salary ranges are listed below. If a location is not listed, please speak with a recruiter for more information. Zone A: $180,000 — $270,000 USD Zone B: $167,400 — $251,200 USD Zone C: $158,400 — $237,600 USD Zone D: $149,400 — $224,200 USD Use of AI in Our Hiring Process
We may use automated AI tools to evaluate job applications for efficiency and consistency. These tools comply with local regulations, including bias audits, and we handle all personal data in accordance with state and local privacy laws. Benefits include remote work, medical insurance, flexible time off, retirement savings plans, and family planning support. See our benefits on the Block site. Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each brand unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming how customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system open to everyone.
#J-18808-Ljbffr