Role Description
We are looking for an experienced Senior Legal Counsel - Commercial & Payments to take ownership of Payall's legal matters and provide strategic and operational legal support across the business. This is a hands-on, independent role requiring strong commercial contracting experience and a solid understanding of the payments and fintech industry. You will work closely with executive leadership and cross-functional teams, managing legal matters from initial assessment through execution and resolution.
The role covers:
-
Commercial contracting
-
Financial services regulations
-
Corporate governance
-
Legal and compliance matters
You will also coordinate with external legal counsel when specialized expertise is required.
What You Will Do
-
Draft, review, and negotiate commercial agreements, including payment processing, banking, partnership, vendor, SaaS, and consulting agreements.
-
Manage contract negotiations and advise on contractual risks and business obligations.
-
Maintain standard contract templates and support efficient contract management.
-
Advise on US federal and state regulations applicable to payment processing and financial services.
-
Support legal matters involving BSA/AML, OFAC, FinCEN, state money transmission laws, and NACHA rules.
-
Assess legal implications of new products, partnerships, and business initiatives.
-
Manage day-to-day corporate legal matters, governance, and internal legal documentation.
-
Advise on data privacy, intellectual property, employment, and consulting matters.
-
Partner with the Compliance team on regulatory requirements and risk management.
-
Coordinate with external legal counsel on specialized and international matters.
-
Provide practical legal advice to executive management and business teams.
-
Support strategic partnerships, business expansion, and commercial initiatives.
-
Identify and mitigate legal risks while supporting business objectives.
Qualifications
-
7+ years of legal experience, with a strong background in fintech, payments, banking, or financial services.
-
Proven expertise in commercial contracting, particularly payment processing, banking, and financial services agreements.
-
Strong knowledge of US financial services regulations, including BSA/AML, OFAC, FinCEN, and state money transmission requirements.
-
Understanding of payment systems, banking relationships, and cross-border payment operations.
-
Ability to independently manage a broad range of legal matters, from contract negotiations to corporate governance and regulatory advisory.
-
Strong business acumen, sound legal judgment, and the ability to translate complex legal requirements into practical business solutions.
-
Excellent communication and negotiation skills, with the ability to work effectively with executive leadership, financial institutions, and external counsel.
-
A proactive, hands-on approach and the ability to take ownership in a fast-paced, international fintech environment.