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Director, Product Counsel

Western Union

Denver (CO)

Hybrid

USD 170,000 - 200,000

Full time

12 days ago

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Job summary

An established industry player seeks a Director of Product Counsel to provide strategic legal guidance in the fast-paced financial services sector. This role involves collaborating with product teams to ensure compliance with regulations, negotiating agreements, and advising on new product developments. Join a diverse organization committed to transforming lives through accessible financial services and enjoy a supportive environment that fosters professional growth and innovation. If you are ready to make an impact in a dynamic role, this opportunity is for you.

Benefits

Family First Program
Flexible Time off
Medical Insurance
Dental Insurance
Tuition Assistance Program
Parental Leave

Qualifications

  • 6-8 years of experience in-house or at a law firm focusing on payments law.
  • Experience negotiating complex commercial deals in financial services.

Responsibilities

  • Provide legal oversight for business units to deliver strategic priorities.
  • Review, draft, and negotiate agreements with strategic partners.

Skills

Payments Law
FinTech
Digital Assets
Negotiation
Regulatory Compliance
Risk Mitigation

Education

Juris Doctor (JD)

Job description


Director, Product Counsel - Denver, CO


Are you a high caliber, experienced and energetic attorney, with experience in financial services regulation and technology? Are you interested in joining a globally diverse organization where our unique contributions are recognized and celebrated, allowing each of us to thrive? Join Western Union as Director, Product Counsel.


Western Union powers your pursuit.


The Director, Product Counsel will work closely and partner with leaders in the product organization to provide legal guidance as the product team develops, implements, and updates Western Union's product offerings.


Role Responsibilities




  • Provide world-class legal oversight and direction for Western Union business units and shared services to deliver the Company's strategic priorities.




  • Leadership role providing strategic legal and regulatory support for global initiatives and products.




  • Work cross-functionally to coordinate legal advice and drive optimal outcomes for the business.




  • Review, draft and negotiate agreements with strategic partners in coordination with business leaders and other internal stakeholders.




  • Provide strategic legal advice to business partners within the Company and coordinate with outside counsel.




  • Research, analyze and monitor new and existing laws.




  • Stay current and advise the business and senior legal leadership on changes to the regulatory and competitive environments.




  • Review and advise on new and existing product requirements.




  • Drive end to end customer value and display a customer-first orientation.




  • May require management responsibilities for one or more legal professionals.




Role Requirements




  • 6-8 or more years of experience practicing either in-house or at a reputable law firm, with at least 3 years of those years focused on payments law, FinTech, or the digital assets and blockchain space.




  • Experience negotiating complex commercial deals in the technology or financial services space and/or working with strategic partners to launch new product experiences.




  • Ability to provide timely, concise, and business-focused legal advice on payments law, including federal and state consumer financial laws and regulations like Regulation E; data privacy laws; consumer protection laws; and new rules, enforcement actions and other guidance coming out of agencies such as the CFPB and the FTC




  • Ability to provide legal and regulatory guidance on the design and modification of products, proactively identify associated risks and recommend mitigation strategies, review product user experiences to ensure legal compliance and proper disclosures and help document guidance for consumption by members of both the legal and product teams.




  • Familiarity with launching prepaid card programs, e-money, wallets, ecosystems, digital assets, blockchain mobile and alternative payments, emerging payments technology and the payments industry




  • Experience identifying and counseling on risks arising from new products and features and developing risk mitigation strategies.




  • Ability to thrive in a fast-paced environment and to tolerate change and ambiguity.




  • Ability and drive to take ownership of projects and tasks which, in many cases, will be matters of first impression.




  • Comfortable with gray areas and interpreting and applying the law in unsettled contexts.




We make financial services accessible to humans everywhere. Join us for what's next.


Western Union is positioned to become the world's most accessible financial services company -transforming lives and communities. We're a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.


Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You'll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you're ready to help drive the future of financial services, it's time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/.


Salary


The base salary range is $170,000 - $200,000 USD per year. Total on target compensation includes a base salary plus a variable target incentive that aligns with individual and company performance.


Benefits


You will also have access to short-term incentives, multiple health insurance options, accident and lifeinsurance, and access to best-in-class development platforms, to name a few (https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interviewprocess or in an offer of employment.


Your United States - specific benefits include:



  • Family First Program

  • Flexible Time off

  • Medical, Dental and Life Insurance

  • Tuition Assistance Program

  • Parental Leave


Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.


Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.


For residents of Colorado, California, Connecticut, Delaware, Minnesota, and Pennsylvania: Please do not respond to any questions on this initial application that may seek age-identifying information such as age, date of birth, or dates of school attendance or graduation. You may also redact this information from any materials you submit during the application process. You will not be penalized for redacting or removing this information.


We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.


#LI-AM3



Estimated Job Posting End Date:


06-09-2025


This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.



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