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Commercial Counsel, Payments and Banking
Commercial Counsel, Payments and BankingBlock • San Francisco, CA, United States
Commercial Counsel, Payments and Banking

Commercial Counsel, Payments and Banking

Block • San Francisco, CA, United States
1 day ago
Job type
  • Full-time
Job description

Commercial Counsel, Payments and Banking

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

The Role

As the payments and banking commercial counsel, you will help provide commercial legal support to our Afterpay, Cash App, Square, and Tidal teams. You will review, draft, and negotiate complex agreements with different payments and banking partners including payment networks, financial institutions, payment aggregators, and digital wallet partners. Additionally, you will collaborate with team members and cross‑functional partners to ensure compliance with our commercial and regulatory obligations. We are specifically seeking someone with transactional experience in issuing, acquiring, or with payment networks. This is an individual contributor role and will report to the Head of Payments and Banking Commercial Counsel.

You Will

  • Draft and negotiate complex payments, banking, and other commercial agreements.
  • Provide concise legal advice with a focus on a principled risk approach.
  • Resolve issues that arise in existing commercial relationships.
  • Partner and collaborate with cross‑functional partners to assess legal risks, develop strategies to mitigate risks while supporting business growth and new ideas, and ensure compliance with our commercial obligations.
  • Stay abreast of regulatory developments and industry trends affecting payments and banking, and advise relevant stakeholders on compliance requirements and best practices.
  • Use AI in daily work to streamline processes and create efficiencies.
  • Help maintain commercial payments templates, playbooks, and processes.

You Have

  • A J.D. with an active membership in at least one state bar.
  • 8+ years of experience, with a focus on commercial transactions in payments, banking, or financial services.
  • In‑house experience at a Fintech or financial services company.
  • Prior experience working with payment networks, issuers, acquirers, or payment facilitators.
  • Knowledge of financial services and payments compliance requirements, including issuing, acquiring, networks, partnerships, data security, and privacy within the payments industry.
  • Experience drafting and negotiating complex contracts.
  • Demonstrated background in communication and coordination of complex issues and projects with diverse levels of management and cross‑functional partners.
  • A passion for the payments industry.
  • Seniority Level

    Mid‑Senior level

    Employment Type

    Full‑time

    Job Function

    Legal

    EEO Statement

    Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and “fair chance” ordinances.

    Inclusive Interview Experience

    We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible.

    Use of AI in Our Hiring Process

    We may use automated AI tools to evaluate job applications for efficiency and consistency. These tools comply with local regulations, including bias audits, and we handle all personal data in accordance with state and local privacy laws. Contact us at privacy@block.xyz with hiring practice or data usage questions.

    Benefits

    Every benefit we offer is designed with one goal : empowering you to do the best work of your career while building the life you want. Remote work, medical insurance, flexible time off, retirement savings plans, and modern family planning are just some of our offering. Check out our other benefits at Block.

    Company Overview

    Block, Inc. (NYSE : XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self‑custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system that is open to everyone.

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