Lending Regulatory Counsel

Square; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

Square is seeking a passionate Legal Counsel to join our legal team, focusing on consumer and commercial lending regulations. The role involves advising on compliance, managing regulatory relationships, and collaborating across business units, supporting Square's innovative lending solutions in a global context.

Qualifications

• 6+ years experience in law firm or in-house legal roles with a focus on lending.
• Experience with FinTech, lending, and banking issues.
• Established relationships with regulators.

Responsibilities

• Advise on regulatory matters for B2B and B2C lending.
• Manage licensing applications and compliance.
• Collaborate with business and legal teams globally.

Skills

Lending advisory

Regulatory compliance

Financial services knowledge

Relationship management

Technology proficiency

Job description

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It all started with an idea at Block in 2013. Initially built to take the pain out of peer-to-peer payments, Cash App has evolved into a dynamic ecosystem offering various financial products, including Afterpay/Clearpay, to provide a better way to send, spend, invest, borrow, and save for our 47 million monthly active customers. Our goal is to redefine the world's relationship with money, making it more relatable, instantly accessible, and universally available.

Today, Cash App employs thousands of people worldwide, working across offices and remotely, fostering a culture of innovation, collaboration, and impact. Since inception, we've maintained a distributed team model, allowing many roles to be performed remotely from countries where Cash App operates. We strive to create an environment where our employees are creative, productive, and happy.

Check out our locations, benefits, and more at [link].

Job Description

Square seeks a highly engaged candidate passionate about consumer and commercial lending to join our legal team.

Reporting to the Global Lending Regulatory Counsel, you will:

• Advise on regulatory matters affecting Square's global business in Europe and other jurisdictions regarding B2B and B2C lending, including UK Consumer Credit licensure, EU consumer credit rules, and Australian Credit licensure.
• Summarize and analyze the impact of new applicable rules and regulations.
• Identify risk areas and develop systems and procedures to manage and mitigate them at both product and enterprise levels.
• Assist the business in complying with local regulatory requirements while delivering innovative product solutions.
• Represent Square in regulatory matters with regulators and external partners.
• Manage licensing applications and compliance for new and existing jurisdictions.
• Collaborate with colleagues across Square's business and legal teams globally.

Qualifications

You Have:

• 6+ years of experience at a law firm (with lending advisory experience), a financial services regulatory agency, bank partnership experience, or in-house legal experience.
• Experience with FinTech, lending, and banking issues.
• Established relationships with relevant regulators and experience handling regulatory matters.
• High proficiency with computers and technology, with an understanding of their application to business and regulatory challenges.

Additional Information

We are committed to building an inclusive economy and workplace. Block is an equal opportunity employer, evaluating all applicants based on core competencies without regard to legally protected classes.

We provide reasonable accommodations during the recruitment process and encourage applicants to share any needs with our recruiters. Want to learn more about our inclusive initiatives? Check out our [link].

Block, Inc. (NYSE: SQ) is a global technology company focused on financial services, comprising Square, Cash App, Spiral, TIDAL, and TBD. We develop tools to expand economic access, including integrated commerce solutions, banking services, and investment options in stocks and Bitcoin. Spiral supports open-source Bitcoin projects, TIDAL connects artists with fans, and TBD aims to simplify access to blockchain technologies.