Regulatory Counsel, International Lending

Full-time

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 an international regulatory counsel for its expanding U.S. Lending Regulatory team. This is an exciting opportunity for a highly engaged candidate with a passion for all things consumer and commercial lending to join a creative and growing company. As part of Block's international expansion, your ideas and contributions will have an immediate impact. This is a full-time remote role and will report to Block's U.S. Lending Regulatory Counsel Lead.

You will:

Advise on multiple regulatory matters affecting Block's growing global business in Europe and other jurisdictions outside of the U.S.
Keep the business up to speed on how to offer remarkable product solutions to our customers that meet local regulatory requirements
Identify, summarize, and analyze the impact of new and proposed applicable rules and regulations
Balance risks and business reward
Oversee the licensing application and management function for existing and new non-U.S. jurisdictions
Identify risk areas and develop systems, policies, and procedures to manage and mitigate them
Represent Block with regulators and external partners on regulatory matters and handle regulatory inquiries from the FCA and other EU regulatory authorities
Provide legal and regulatory advice on our lending products to members of the Counsel team and business partners on the EU landscape of commercial and consumer lending laws and regulations and anti-money laundering obligations
Build working relationships with colleagues across multiple Block business and legal teams in Europe, the US and around the globe

Qualifications

You have:

US state barred (active)/international Solicitor qualification with 3+ years (minimum) lending experience working in an in-house organization or commercial law firm; experience in financial services, commercial and consumer lending, fintech and/or technology desirable
Fluency in translating regulatory requirements and legal advice into actionable guidance for business and product teams
Ability to advocate for a position while maintaining a collaborative and open-minded approach
Experience handling regulatory and enforcement matters and prior relationships with relevant regulators
Background in providing legal advice on regulatory matters, partnering with regulators on licensing and enforcement matters, and assisting with new market diligence and entry into EU countries.
The ability to problem solve, meet deliverables on time and work in an evolving and growing environment that is prone to changes

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, based solely on the core competencies required of the role at hand, and without regard to any 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.

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.