Director, Product Counsel – Atlanta or New York

Western Union•Atlanta, GA

3d•$170,000 - $225,000

About The Position

Western Union is seeking an experienced attorney with financial services regulatory and technology experience to join its Product Legal team. The attorney will partner with product leaders and provide legal guidance as the company develops, implements, and updates its product offerings. This is a leadership role providing strategic legal and regulatory support for global initiatives and products, including guidance on product design and modification, regulatory compliance, and risk mitigation. The role may include managing one or more legal professionals.

Requirements

At least 6–8 years of legal practice experience in-house or at a reputable law firm, including at least 3 years focused on payments law, FinTech, or digital assets and blockchain.
Experience negotiating complex commercial deals in technology or financial services and/or working with strategic partners to launch new product experiences.
Ability to provide timely, concise, business-focused advice on payments law, including federal and state consumer financial laws and regulations such as Regulation E; data privacy and consumer protection laws; and agency rules, enforcement actions, and guidance, including from the CFPB and FTC.
Ability to provide legal and regulatory guidance on product design and modification, identify risks and recommend mitigation strategies, review product user experiences for legal compliance and appropriate disclosures, and document guidance for legal and product teams.
Familiarity with e-money, wallets, ecosystems, digital assets, blockchain, mobile and alternative payments, emerging payments technology, and the payments industry.
Experience identifying and advising on risks associated with new products and features and developing risk mitigation strategies.
Ability to thrive in a fast-paced environment and tolerate change and ambiguity.
Ability and drive to take ownership of projects and tasks, including matters of first impression.
Comfort with gray areas and interpreting and applying law in unsettled contexts.

Responsibilities

Provide legal oversight and direction to business units and shared services in support of the company's strategic priorities.
Provide strategic legal and regulatory support for global initiatives and products.
Coordinate legal advice cross-functionally and drive optimal business outcomes.
Review, draft, and negotiate agreements with strategic partners in coordination with business leaders and internal stakeholders.
Advise business partners and coordinate with outside counsel.
Research, analyze, and monitor new and existing laws.
Monitor regulatory and competitive environments and advise the business and senior legal leadership about changes.
Review and advise on new and existing product requirements.
Support end-to-end customer value with a customer-first orientation.
Potentially manage one or more legal professionals.