Job Title: Senior Counsel, Open Banking
Job Responsibilities:
The Senior Counsel, Open Banking at the company is responsible for providing legal and business risk assessment and analysis on various matters related to the company’s open banking products in the Americas. Key responsibilities include:
- Advising on new product constructs, sales agreements, and go-to-market strategies from concept to launch and beyond.
- Structuring, drafting, reviewing, and negotiating a wide range of contracts with partners in the open banking ecosystem.
- Providing legal advice on a wide range of commercial and contractual matters.
- Collaborating with product and legal teams, including regulatory, compliance, and data privacy, to ensure that product constructs and commercial agreements align with business strategy, internal policies, procedures, and applicable laws and regulations.
- Working with internal and external regulatory counsel on the impact of local laws, government regulations, and directives related to the company’s open banking solutions.
- Developing strong relationships with product development, business, and sales teams, and senior management within the company.
- Ensuring compliance with company policies and procedures.
- Supporting initiatives of the open banking team in the Americas and globally, and providing support to international colleagues as needed.
- Taking responsibility for special projects while managing day-to-day matters.
Education and Experience Information:
Candidates for the Senior Counsel, Open Banking position should be US-qualified lawyers with solid transactional training and experience, preferably including both law firm and in-house work experience. Experience with product development and open banking or other regulated products is a specific plus. Candidates should possess strong drafting and negotiating skills, business insight, and communication skills. The ability to understand and simplify complex concepts, issues, technologies, and deal structures is essential. Candidates should be fast learners, thorough, detail-oriented, and able to prioritize and juggle multiple projects and demands. Being a team player and being willing to take on various responsibilities and roles that support the team, department, and company is important. The ability to work independently and collaboratively, including with global colleagues, but also take direction from a manager and other team members, as appropriate, is crucial.
Salary Information:
The salary for the Senior Counsel, Open Banking position varies by location in the United States. The pay ranges are as follows:
- Purchase, New York: $187,000 - $300,000 USD
- Arlington, Virginia: $187,000 - $300,000 USD
- Atlanta, Georgia: $163,000 - $261,000 USD
- Boston, Massachusetts: $187,000 - $300,000 USD
- Chicago, Illinois: $163,000 - $261,000 USD
- O'Fallon, Missouri: $163,000 - $261,000 USD
- Salt Lake City, Utah: $163,000 - $261,000 USD
- San Francisco, California: $196,000 - $313,000 USD
- Seattle, Washington: $187,000 - $300,000 USD
Additional Information:
The company is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. The company hires the most qualified candidate for the role. In the US or Canada, if accommodations or assistance are required to complete the online application process or during the recruitment process, candidates may contact the company for reasonable accommodations. The company emphasizes corporate security responsibility, expecting all employees to abide by security policies and practices, ensure the confidentiality and integrity of information, report suspected security violations, and complete mandatory security training.
In line with the company’s total compensation philosophy, the successful candidate will be offered a competitive base salary based on location, experience, and other qualifications and may be eligible for an annual bonus or commissions. Benefits for full-time (and certain part-time) employees generally include insurance (medical, prescription drug, dental, vision, disability, life insurance), flexible spending account, health savings account, paid leaves, 401k with a company match, deferred compensation for eligible roles, fitness reimbursement, tuition reimbursement, and gender-inclusive benefits, among others.
