Bill Pay Counsel

United States Digital Space LLC; New York (NY); Hybrid; USD 220,000 - 270,000; Full time

Benefits offered by this job

Remote-friendly policy (up to 4 weeks/

Job summary

United States Digital Space LLC in New York City is seeking an experienced legal professional to join the fintech team, focusing on bill pay and payments offerings. You will translate regulatory requirements into practical product decisions, partnering with engineering, design, and product from ideation to launch.

Based in a hybrid NYC office, you will navigate federal/state/international money transmission laws, draft customer agreements, and advise on compliance.

Qualifications

• 4+ years of experience in law firms and fintech, advising on regulated financial products.
• Familiar with federal, state, and international money transmission laws and regulations, including BSA/AML, EFTA/Reg E, NACHA.
• Excellent written and verbal communication skills for internal and external stakeholders.
• Ownership mentality and ability to handle complex regulatory matters.
• Entrepreneurial mindset and ability to work in a fast-paced environment.

Responsibilities

• Embed with engineering, design, and product to advise on regulatory requirements for bill pay and payments features.
• Provide pragmatic, actionable advice on money transmission requirements and disclosures.
• Advise on regulatory implications of product architecture and payment flows.
• Collaborate with cross-functional partners to address regulatory questions.
• Track state and federal money transmission laws and relevant international payments regulations.
• Draft, update, and maintain customer agreements, terms, and disclosures for payments products.
• Support licensing, bank partner, and payments-network requirements for launches.

Skills

Regulatory knowledge

Legal communication

Ownership mindset

Entrepreneurial mindset

Team player

Education

Juris Doctor (JD)

Bar admission

Job description

Why join us

the company is the intelligent finance platform that enables companies to spend smarter and move faster in more than 200 markets. By combining global corporate cards and banking with intuitive spend management, bill pay, and travel software, the company enables founders and finance teams to accelerate operations, gain real-time visibility, and control spend effortlessly. the company’s AI-native automation and world-class service eliminate manual expense and accounting tasks for customers so they can focus on what matters most. Tens of thousands of the world's best companies run on the company, including DoorDash, Coinbase, Robinhood, Zoom, Plaid, Reddit, and SeatGeek.

Working at the company allows you to push your limits, challenge the status quo, and collaborate with some of the brightest minds in the industry. We’re committed to building a diverse team and inclusive culture and believe your potential should only be limited by how big you can dream. We make this a reality by empowering you with the tools, resources, and support you need to grow your career.

Legal at the company

The Legal team helps the company grow responsibly, advocating for the company and for the thousands of growing businesses we serve. We provide strategic advice and guidance to all the company teams, protect the company, advise on risk, and represent the company externally, negotiating with partners and interacting with regulators. Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.

What you'll do

You will help us build, globally scale, and continuously improve our bill pay product and adjacent payments offerings. You'll be a subject matter expert on money transmission and payments regulation, providing strategic advice on risk and regulatory ambiguity as we ship new features. Embedded with engineering, design, and product, you'll partner from the earliest stages of ideation through launch—translating complex regulatory requirements into practical product decisions and helping the team move fast without compromising on compliance. You'll also collaborate closely with cross-functional partners (including compliance, risk, marketing, sales, partnerships, and bank and payments-network relationships) to find creative solutions to business problems. You know how to break a project down into first principles and see it from concept to release, and you understand when to solve a problem in-house versus when to strategically and cost-effectively deploy outside counsel.

Where you’ll work

This role will be based in our New York City office. We are a hybrid environment that combines the energy and connections of being in the office with the benefits and flexibility of working from home. We currently require a minimum of three coordinated days in the office per week, Monday, Wednesday and Thursday. As a perk, we also have up to four weeks per year of fully remote work!

Responsibilities

• Serve as the embedded legal partner to engineering, design, and product teams building bill pay and payments features, advising in real time as products are designed and built
• Provide pragmatic, actionable advice on money transmission requirements and best practices for existing and new bill pay and payments products
• Advise on the regulatory implications of product architecture, payment flows, fund movement, and feature design, helping teams make sound build-versus-defer decisions
• Advise a variety of cross-functional partners on critical money transmission and payments regulatory questions
• Track and analyze US state and federal money transmission laws, along with relevant international payments regulations, and help the company stay ahead of regulatory change affecting bill pay
• Advise on product and marketing collateral, customer communications, and disclosures for bill pay and payments products
• Draft, update, and maintain customer agreements, terms, and disclosures for bill pay and money movement products
• Support licensing, bank partner, and payments-network requirements as they relate to product launches

Requirements

• 4+ years working experience in a combination of law firms and fintech companies, ideally advising on money transmission, payments, and money movement matters for regulated financial products
• Familiarity with federal, state, and international money transmission and payments laws and regulations, including state money transmitter licensing, the Bank Secrecy Act/AML requirements, EFTA/Regulation E, NACHA operating rules, and required disclosures
• Excellent written and verbal communication skills, both internal (memos, guides, presentations) and external (customer agreements, terms, disclosures, customer communications)
• Ownership mentality and comfort working on complex matters that require sound judgment
• Entrepreneurial mindset and ability to work in a fast-paced environment
• Law degree and admitted to practice in at least one jurisdiction
• Willingness to be a team player who pitches in to help out on other products and topics; one of our key tenets is "One the company"

Bonus Points

• Prior in-house counsel experience at a scaling fintech, payments, or money movement company
• Experience negotiating with or managing bank partner and payments-network relationships
• Experience interacting directly with regulatory agencies

Compensation

The expected salary range for this role is $220,000 - $270,000 USD. However, the starting base pay will depend on a number of factors, including the candidate’s location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.

the company LLC is a wholly owned subsidiary of Capital One, N.A.