Payments Regulatory Counsel, US

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams - People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more - provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

The Role

We are seeking an experienced U.S. Payments Regulatory Counsel who is excited to help shape the future of money. As part of our Counsel team, you'll be at the center of cutting-edge developments in payments and financial technology. You'll partner with Compliance, Policy, Risk, Product/Product Counsel, and Engineering to solve regulatory challenges creatively-making sure innovation and compliance go hand in hand.

You Will

• Provide legal and regulatory advice on payments and financial-services products and features, including merchant payments and money transmission services such as stored valued and peer-to-peer transfers.
• Interpret and apply U.S. regulatory regimes and frameworks relevant to payments, such as:
  • Money-transmission / MSB licensing; state and federal oversight
  • Card-network rules and acquirer/issuer relationships
  • NACHA / ACH rules (same-day, push payments, RTP, etc.)
  • Bank Secrecy Act (BSA), AML/KYC, OFAC / sanctions compliance
  • Consumer-payments regulation (e.g., EFTA/Reg E, UDAAP/UDAP)
  • Funds-settlement, interchange, digital wallets, payout services
• Collaborate with government-relations / public-policy teams to review proposed state and federal legislation/regulation, provide internal commentary, draft comment letters, and engage with industry bodies and trade associations.
• Support product teams and product counsel on how to launch and scale offerings in a compliant and innovative way.

You Have

• JD degree and membership in good standing with at least one state bar
• 5+ years of experience advising on financial regulatory matters; in-house payments experience preferred.
• Deep knowledge of payments laws, including money transmission regulations, with a working knowledge of the Bank Secrecy Act.
• Comfort working at the intersection of law/regulation, product, and technology.
• A business-minded lawyer who can spot risk but also propose solutions.
• Clear communicator who can explain both complex regulatory requirements and expectations to business partners and engineers, as well as Block's products to regulators and auditors.

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 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 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. Want to learn more about what we're doing to build a workplace that is fair and square? Check out our I+D page .

While 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 by a successful candidate. Please refer to the date listed at the top of this job page for when this role was first posted.

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.

To find a location's zone designation, please refer to this resource . If a location of interest is not listed, please speak with a recruiter for additional information.

Zone A:

$217,800 - $326,800 USD

Zone B:

$202,600 - $303,800 USD

Zone C:

$191,700 - $287,500 USD

Zone D:

$185,200 - $277,800 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.

Contact us here with hiring practice or data usage questions.

Every benefit we offer is designed with one goal: empowering you to do the best work of your career while building the life you want. Remote work, medical insurance, flexible time off, retirement savings plans, and modern family planning are just some of our offering. Check out our other benefits at Block.

Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands 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 the way 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 built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we're helping build a financial system that is open to everyone.