Fintech Regulatory Counsel: Payments & Licensing

Fenwick & West; San Francisco (CA); On-site; USD 260,000 - 390,000; Full time

Benefits offered by this job

Healthcare

Life Insurance

Health Savings Accounts

Flexible Spending Accounts

Wellbeing

Job summary

Fenwick & West in San Francisco seeks a regulatory lawyer to advise fintech and financial-services clients on product development and regulatory requirements, including payments, licensing, and compliance.

The role covers structuring bank-fintech partnerships, drafting commercial agreements, and guiding regulatory diligence in transactions; you will communicate with clients and supervise junior team members.

Qualifications

• Three to six years of relevant experience at a law firm, financial institution, fintech company, government agency or comparable setting.
• Substantive experience in at least one core area: payments and money movement, money transmission or financial-services licensing, bank-fintech partnerships, or consumer/commercial finance.
• Experience drafting and negotiating commercial agreements relating to financial products, payments, bank partnerships, technology platforms or other regulated services.
• Ability to understand complex products and business models, identify regulatory issues and communicate practical advice clearly to legal and business stakeholders.
• CA, WA, NY, or DC, MA bar preferred, but not required
• Superior academic credentials, excellent oral, written, and interpersonal skills

Responsibilities

• Advise fintech, technology and financial-services companies on the development and launch of new products and business models, including analyzing product structures and funds flows and identifying applicable federal and state regulatory requirements.
• Counsel clients on payments, money transmission, lending and other financial-services regulatory matters, including state licensing strategies, NMLS applications, exemptions and ongoing compliance with applicable federal and state requirements.
• Structure and advise on bank-fintech partnerships, embedded-finance arrangements and other relationships involving banks, payment processors, card networks and financial-services providers, including FBO/deposit structures and program-risk allocation.
• Draft and negotiate commercial agreements supporting fintech and financial-services products, including bank partnership, payments, card, processing, program-management and related technology and service-provider arrangements.
• Help clients implement regulatory requirements through product terms, consumer disclosures, policies, BSA/AML programs, marketing review, licensing strategies and other compliance measures.
• Advise on the regulatory aspects of investments, financings, acquisitions and other strategic transactions involving fintech and financial-services companies, including regulatory diligence and change-of-control filings.
• Manage substantial components of matters independently, communicate directly with clients and business teams, coordinate with lawyers across practice areas and supervise junior team members as appropriate.

Skills

Regulatory analysis

Financial-services regulation

Contract negotiation

Stakeholder communication

Job description

Fenwick & West in San Francisco seeks a regulatory lawyer to advise fintech and financial-services clients on product development and regulatory requirements, including payments, licensing, and compliance.

The role covers structuring bank-fintech partnerships, drafting commercial agreements, and guiding regulatory diligence in transactions; you will communicate with clients and supervise junior team members.