Bill Pay Counsel
About The Position
Brex is seeking a Bill Pay Counsel to help build, globally scale, and continuously improve its bill pay product and adjacent payments offerings. This role requires a subject matter expert in money transmission and payments regulation, providing strategic advice on risk and regulatory ambiguity as new features are shipped. The counsel will be embedded with engineering, design, and product teams, partnering from ideation through launch to translate complex regulatory requirements into practical product decisions. Collaboration with cross-functional partners, including compliance, risk, marketing, sales, partnerships, and bank and payments-network relationships, will be essential for finding creative solutions to business problems. The ideal candidate will have a strong understanding of breaking down projects into first principles, seeing them through from concept to release, and knowing when to solve problems in-house versus when to strategically deploy outside counsel.
Requirements
- 4+ years working experience in a combination of law firms and fintech companies, ideally advising on money transmission, payments, and money movement matters for regulated financial products
- Familiarity with federal, state, and international money transmission and payments laws and regulations, including state money transmitter licensing, the Bank Secrecy Act/AML requirements, EFTA/Regulation E, NACHA operating rules, and required disclosures
- Excellent written and verbal communication skills, both internal (memos, guides, presentations) and external (customer agreements, terms, disclosures, customer communications)
- Ownership mentality and comfort working on complex matters that require sound judgment
- Entrepreneurial mindset and ability to work in a fast-paced environment
- Law degree and admitted to practice in at least one jurisdiction
- Willingness to be a team player who pitches in to help out on other products and topics; one of our key tenets is "One Brex"
Nice To Haves
- Prior in-house counsel experience at a scaling fintech, payments, or money movement company
- Experience negotiating with or managing bank partner and payments-network relationships
- Experience interacting directly with regulatory agencies
Responsibilities
- Serve as the embedded legal partner to engineering, design, and product teams building bill pay and payments features, advising in real time as products are designed and built
- Provide pragmatic, actionable advice on money transmission requirements and best practices for existing and new bill pay and payments products
- Advise on the regulatory implications of product architecture, payment flows, fund movement, and feature design, helping teams make sound build-versus-defer decisions
- Advise a variety of cross-functional partners on critical money transmission and payments regulatory questions
- Track and analyze US state and federal money transmission laws, along with relevant international payments regulations, and help Brex stay ahead of regulatory change affecting bill pay
- Advise on product and marketing collateral, customer communications, and disclosures for bill pay and payments products
- Draft, update, and maintain customer agreements, terms, and disclosures for bill pay and money movement products
- Support licensing, bank partner, and payments-network requirements as they relate to product launches
Benefits
- Equity and other forms of compensation may be provided as part of a total compensation package.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Ph.D. or professional degree
