Counsel, Marketplace Payments

Walmart•Bentonville, AR

About The Position

Walmart is seeking a Counsel to support Marketplace payments and financial-services products for sellers, including merchant cash advances, other commercial-finance products, domestic and international payments, payouts, and settlement. The role partners closely with Product, Engineering, and business teams throughout the product lifecycle, translating complex legal and regulatory requirements into practical solutions and helping build products that can operate responsibly at Walmart scale. The Counsel will advise on emerging legal issues at the intersection of AI, commerce, and payments, including AI-enabled and agent-led commerce, transaction authorization, payment credentials and tokenization, authentication, funds flows, data sharing, and responsibility among customers, sellers, platforms, and AI agents. The position also addresses U.S. and international payments regulation, commercial-finance matters, payment operations, and agreements with financial-services and technology partners. The role develops scalable legal guidance and processes, identifies risks early in product development, and collaborates across Legal, Compliance, Ethics, Privacy, Finance/Treasury, Risk, and Technology. The position is based in Bentonville, Arkansas; San Bruno, California; or Sunnyvale, California. The annual salary range is $110,000–$220,000 in Bentonville and $143,000–$286,000 in San Bruno. Additional compensation may include annual or quarterly performance bonuses and, for certain positions, stock.

Requirements

J.D. or other law degree from an accredited law school.
Active license to practice law in good standing in at least one U.S. jurisdiction.
At least 4 years of legal experience involving payments, fintech, banking, commercial finance, lending, or financial-services products; the listed minimum qualifications also require 4 years of experience in law.
Experience advising businesses on complex legal or regulatory issues and translating requirements into practical business solutions.
Experience drafting and negotiating sophisticated commercial agreements.
Strong judgment, intellectual curiosity, and ability to operate independently in a fast-moving environment.
Ability and interest in working directly with Product, Engineering, and business teams and understanding the operational and technical mechanics of supported products.
Curiosity about emerging technologies and interest in developing legal frameworks for products and business models that may not fit neatly within existing rules or precedent.

Nice To Haves

Experience with payments regulation, money transmission, ACH/NACHA, card-network rules, payment processing, or bank partnerships.
Experience with marketplace, platform, or embedded-finance products.
Experience with merchant cash advances, commercial lending, factoring, invoice financing, or other seller or small-business financing.
Experience with funds-flow analysis, payout orchestration, settlement mechanics, chargebacks, or payment operations.
Experience with cross-border payments or international payments and financial-services regulation.
Experience with sponsor-bank, processor, payment-network, or financial-infrastructure agreements.
Product counseling experience at a fintech, payments company, financial institution, marketplace, or technology company.
Experience working directly with Product and Engineering teams on new financial products or technology.
Experience with AI-enabled products, agentic commerce, digital wallets, tokenization, real-time payments, or other emerging commerce and payment technologies.
Experience leading cross-functional teams.

Responsibilities

Serve as a trusted legal advisor to Walmart Marketplace teams developing and operating seller financial-services and payments products, including merchant cash advances, commercial finance, domestic and international payments, payouts, and settlement.
Partner with Product and Engineering throughout the product lifecycle to design scalable products and translate legal and regulatory requirements into practical product and operational solutions.
Advise on emerging legal and regulatory questions involving AI, commerce, payments, and agentic shopping experiences.
Advise on payment and financial-services issues in AI-enabled and agent-led commerce, including authorization, payment credentials, tokenization, authentication, funds flows, data sharing, and allocation of responsibility among participants.
Work with technology and product teams on commerce models involving Walmart's AI capabilities and third-party AI platforms interacting with Marketplace, payments, and checkout infrastructure.
Advise on U.S. and international payments regulation, including money transmission, remittance, ACH/NACHA, card-network rules, AML/CTF, OFAC, sanctions, and related financial-services regulation.
Advise on commercial lending, sales-based financing, secured transactions, loan brokering, and other commercial-finance regulatory issues.
Analyze funds flows, settlement structures, payout mechanics, returns and chargebacks, collections and recovery strategies, and operational and credit-risk frameworks.
Draft and negotiate complex agreements with sponsor banks, capital providers, payment processors, networks, and other financial-services and technology partners.
Evaluate emerging payment and commerce technologies, including digital wallets, tokenization, real-time payments, and AI agents.
Identify legal and regulatory issues early in product development and work with business partners on pragmatic, risk-based paths to launch.
Develop scalable legal guidance, playbooks, and processes to support the growth of Marketplace payments and financial-services products in the U.S. and internationally.
Partner across Legal, Compliance, Ethics, Privacy, Finance/Treasury, Risk, and Technology, and manage outside counsel on specialized regulatory, licensing, and commercial-finance matters.

Benefits

Medical, vision, and dental coverage.
401(k).
Stock purchase.
Company-paid life insurance.
Paid time off, including sick leave, with PTO and/or PPTO available for vacation, sick leave, holidays, or other purposes.
Parental leave.
Family care leave.
Bereavement leave.
Jury duty leave.
Voting leave.
Short-term and long-term disability.
Company discounts.
Military Leave Pay.
Adoption and surrogacy expense reimbursement.
Walmart-paid Live Better U education benefit for eligible full-time and part-time associates, covering tuition, books, and fees for eligible programs.
Annual or quarterly performance bonuses.
Stock compensation for certain positions.