In-House Legal Counsel

3-5 yrs required

Full-time

No

In-House Counsel/Senior Counsel- Central Payments, LLC - Sioux Falls, SD
Experience: 3-5 years
Salary: Not mentioned in text

Central Payments, LLC is currently seeking a highly qualified In-House Counsel/Senior Counsel to join their management team. The successful candidate will be responsible for providing expertise on laws, rules, and regulations that apply to Central Payments. This position requires strong knowledge of the payments and banking market, excellent communication skills, and the ability to work independently in a fast-paced, team environment. The In-House Counsel/Senior Counsel will report to the Head of Finance and Business Administration and may work remotely if they have experience effectively performing similar duties and responsibilities. They will also be expected to travel an average of four times per year for one to two nights per trip.

Key Responsibilities:
• Structure, draft, review and negotiate key agreements relating to clients and vendors.
• Provide timely legal advice and interpretation on a wide range of legal matters, including banking, corporate governance, consumer compliance, and information technology.
• Assist with reporting obligations to the Central Payments Board of Directors and external stakeholders, including regulatory agencies and lead responses to any regulatory or legal inquiries.
• Assist in the development of corporate legal activities, including administration of strong policies and overall governance process.
• Draft customer-facing disclosures governing the use of Central Payments products and terms of use for partners using our technology.
• Oversee work required from outside counsel and manage the associated legal budget.
• Monitor and report on changes to law, regulations, and regulatory guidance documents and advise management about any impact to the business.
• Provide clear and concise guidance to business units, particularly on novel and complex legal issues and emerging technologies.
• Actively engage with business units to help identify and assess risks and resolve issues.
• Undertake industry leadership opportunities within trade associations and contribute to marketing and public relations initiatives through speaking opportunities, articles, blog posts, podcasts, etc.
• Proactively collaborate with stakeholders across the enterprise, including compliance, technology, risk, operations, and other key partners.

Required Skills:
• Extensive working knowledge and research experience of laws, rules and regulations applicable to financial services, banking, and payments, including consumer products in prepaid and banking, money remittance, as well as general corporate statutes.
• Must be familiar with and have experience with network, ACH, and PCI guidelines and requirements.
• Comprehensive experience in drafting, reviewing, and negotiating detailed client and vendor contracts, particularly those with technological components.
• Comfort with concepts and general workings of technology and payment platforms, particularly as it relates to transaction processing, API connectivity between multiple unrelated systems, and data file transmission/secure file transfer concepts.
• Specific experience working with consumer protection laws and regulations, information security guidelines, and BSA/AML rules is required.
• Strong leadership and effective communication skills at all levels of the organization and with external clients.
• Experience coordinating the work of other legal professionals at external law firms supporting Central Payments.
• Understanding how broader legal and regulatory risks, issues and policies may impact financial services companies like Central Payments.
• High degree of professional ethics and integrity.
• Excellent judgement, analytical skills and decision making.
• Excellent interpersonal and communication skills, including the ability and desire to build relationships with others, particularly with peers at partner and vendor companies.
• Hard working, well organized and able to manage numerous projects simultaneously under deadline pressures.
• An inquisitive nature to learn about our business and to help find solutions as Central Payments grows as a company.

Education/Experience:
• 3-5 years (minimum) of legal experience, either with a . law firm with a fintech or banking practice or in-house with a financial institution, fintech company, regulatory agency, or technology company.
• Licensed to practice law in a . state.
• A Juris Doctorate (.) degree from an ABA-accredited . university.

Tips for Interview:
• Visit the Central Payments website and LinkedIn company page to understand their background.
• To better understand the traits they look for in candidates, visit "Is Central Payments a Fit for Me?" and "Be Essential."
• Central Payments primarily deals with consumer deposit accounts, incentive and rebate cards, and fund transfers via ACH and other means. Familiarize yourself with prepaid cards by purchasing one and conducting transactions to understand the product and its features and benefits.

In-House Counsel/Senior Counsel- Central Payments, LLC - Sioux Falls, SD
Experience: 3-5 years
Salary: Not mentioned in text

H1: Join Central Payments, LLC as an In-House Counsel/Senior Counsel
H2: Become an Integral Member of Our Management Team

Central Payments, LLC is seeking a highly qualified In-House Counsel/Senior Counsel to join our team. As a key member of our management team, the successful candidate will provide expertise on laws, rules, and regulations that apply to our business. This position requires strong knowledge of the payments and banking market, excellent communication skills, and the ability to work independently in a fast-paced, team environment. If you have experience effectively performing similar duties and responsibilities, you may also work remotely. We also offer the opportunity for occasional travel to industry events and conferences.

Key Responsibilities:
• Draft, review, and negotiate key agreements with clients and vendors.
• Provide timely legal advice and interpretation on a wide range of legal matters, including banking, corporate governance, consumer compliance, and information technology.
• Assist with reporting obligations to the Central Payments Board of Directors and external stakeholders.
• Develop and implement corporate legal activities, including strong policies and overall governance processes.
• Draft customer-facing disclosures and terms of use for our products and technology.
• Manage outside counsel and associated legal budget.
• Monitor and report on changes to laws, regulations, and guidance documents.
• Provide guidance on novel and complex legal issues and emerging technologies.
• Collaborate with business units

Not specified

Not specified

Not specified

Legal advice, contract drafting, contract negotiation, regulatory compliance, risk assessment, leadership, communication, relationship building, project management, legal research, consumer protection, information security, data protection, BSA/AML compliance, business growth, public relations, problem solving, decision making, ethical standards, organizational skills, time management, analytical skills, technology understanding, payment processing, network guidelines, ACH guidelines, PCI requirements, consumer deposit accounts, incentive and rebate cards, prepaid cards.

Juris Doctorate degree from an ABA-accredited U.S. university.

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Qualification and Experience Juris Doctorate degree from an ABA-accredited U.S. university, minimum of 3-5 years of legal experience in a U.S. law firm or in-house with a financial institution, fintech company, regulatory agency, or technology company, licensed to practice law in a U.S. state.

Legal