Corporate and Banking Governance Counsel

  • Full-time
  • Alternate Location: Oakland, United States

Company Description

Since we opened our doors in 2009, the world of commerce has evolved immensely, and so has Square. After enabling anyone to take payments and never miss a sale, we saw sellers stymied by disparate, outmoded products and tools that wouldn’t work together.

To solve this problem, we expanded into software and built integrated solutions to help sellers sell online, manage inventory, book appointments, engage loyal buyers, and hire and pay staff. Across it all, we’ve embedded financial services tools at the point of sale, so merchants can access a business loan and manage their cash flow in one place. Afterpay furthers our goal to provide omnichannel tools that unlock meaningful value and growth, enabling sellers to capture the next generation shopper, increase order sizes, and compete at a larger scale.

Today, we are a partner to sellers of all sizes – large, enterprise-scale businesses with complex operations, sellers just starting, as well as merchants who began selling with Square and have grown larger over time. As our sellers grow, so do our solutions. There is a massive opportunity in front of us. We’re building a significant, meaningful, and lasting business, and we are helping sellers worldwide do the same.

Job Description

Block is looking for a corporate counsel to lead corporate governance for our banking subsidiary, Square Financial Services, which is an FDIC chartered industrial loan company (ILC). You will also help support other general corporate matters including parent and subsidiary relationships. You will report to the Corporate Governance Lead. 

You will:

  • Coordinate ILC board and committee meetings and prepare pre-read deliverables, draft minutes, policies and committee charters as needed, stay up to date with governance requirements pertaining to ILCs and ensure that such requirements are met at each meeting

  • Attend ILC board and committee meetings and act as secretary to the board

  • Advise senior executives and directors of the bank on corporate governance issues and update related policies

  • Prepare materials for the Block parent company board, including relevant updates related to the bank

  • Monitor affiliate transactions and potential conflicts of interests together with regulatory counsel and treasury teams

  • Liaise and coordinate with product and regulatory counsel to ensure compliance with governance requirements under our banking license

  • Help with special corporate and banking projects as needed, including capital markets lending transactions, bank regulatory examinations and inspections

  • Work with our internal business and compliance teams, and with external advisors and experts

  • Manage projects, with a team-oriented approach

Qualifications

You have:

  • 5+ years of relevant corporate experience at a major law firm or financial institutions with significant experience working with banks

  • A combination of both in-house and law firm practice experience is preferred

  • Knowledge of federal and state laws and regulations affecting industrial loan companies (or similar banking institutions), including Regulation W, FDIC rules and regulations, Consumer Finance Protection Agency, and other applicable law

  • Experience with commercial lending business and deposit products

  • Excellent research and writing skills and project management ability

  • Experience as primary in-house attorney on certain corporate projects, including handling multiple simultaneous transactions is preferred

  • JD degree

  • Membership in at least one state bar

Additional Information

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. 

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. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page. 

Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

Perks

We want you to be well and thrive. Our global benefits package includes:

  • Healthcare coverage
  • Retirement Plans
  • Employee Stock Purchase Program
  • Wellness perks
  • Paid parental leave
  • Paid time off
  • Learning and Development resources

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

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