VP, Assistant General Counsel - Regulatory Payments

Company: Fiserv
Location: Coral Springs
Posted on: May 20, 2023

Job Description:

What does a VP, Assistant General Counsel - Regulatory Payments do?Fiserv, a leading global payments and financial services technology solutions provider, is seeking an experienced, commercially focused financial and payments regulatory attorney to provide strategic commercial and regulatory support to Fiserv's existing and emerging payments businesses and fintech service offerings. This is a great opportunity to work on exciting payment and fintech issues as part of an innovative and collaborative legal department supporting the global Fiserv enterprise.To be successful in this role, you will:

• Counsel Product and cross-functional teams on a wide variety of regulatory issues relating to developing, using, operating and expanding Fiserv's existing and emerging payments business and fintech service offerings, in areas such as electronic and mobile payments, virtual currencies, prepaid access, money transmission, and financial services.
• Analyze and structure innovative Fiserv payment and fintech solutions with Product, Business, Business Unit Counsel, and Risk stakeholders to comply with applicable laws and regulations.
• Develop appropriate terms and disclosures for payment and fintech solution offerings.
• Analyze, structure, and help negotiate payment and fintech solution agreements with FinTech, financial institution, governmental agency, and commercial entity clients of all sizes and agreements with partner or service providers to support payment and fintech solution offerings.
• Collaborate with the Fiserv Government Relations function to analyze and comment on proposed financial and payment related legislation and regulations.
• Collaborate with Business Unit Counsel, Compliance, and Risk teams to identify, analyze, and manage regulatory risks.
• Develop and mentor other Fiserv legal and non-legal colleagues supporting Fiserv's payment businesses.
• The above statements are intended only to describe the general nature of the job and should not be construed as an all-inclusive list of position responsibilities.What you need to have:
  • JD from an accredited law school
  • Active license to practice law and in good standing in appropriate jurisdiction
  • 8 + years of relevant experience working in a large law firm, corporate legal, or government setting, with a focus on financial services or e-commerce
  • Expertise in financial and payments industry laws and regulations such as Regulations E and Z, and Nacha and card association rules; Internet, telephone and bill payment laws; anti-money laundering obligations and the Bank Secrecy Act; laws affecting credit cards, debit cards, payroll cards, gift cards, and other physical and virtual card products; and state and federal licensing and registration requirements applicable to financial services businesses, including MSBs, money transmitters, payment facilitators, and other similar frameworks.Functional Area Skills/Knowledge:
    • Excellent communication skills, with ability to effectively write and speak clearly in "Plain English"
    • Intellectual curiosity and desire to learn complicated and evolving businesses and products in a fast paced environment
    • Sound and practical business judgment with an ability to analyze and solve problems real-time in a creative and flexible manner
    • Strong collaboration and teamwork orientation
    • Strong leadership skills, executive presence, and advocacy skills
    • Ability to organize, prioritize, and manage priorities effectively#LI - EH1

Keywords: Fiserv, Pompano Beach , VP, Assistant General Counsel - Regulatory Payments, Legal , Coral Springs, Florida