Lending Regulatory Counsel

Block•Bay Area, CA, United States of America, CA

19h•$185,200 - $326,800•Remote

About The Position

Block's US Regulatory Team is responsible for ensuring compliance with laws and maintaining strong relationships with federal and state regulators. The team advises on consumer and commercial lending, bank partnership arrangements, and the regulatory relationships that support them. They collaborate with business partners to ensure Block's lending products meet the highest legal and regulatory compliance standards. The role involves serving as a subject matter expert on consumer and commercial lending regulation, leading the resolution of complex, cross-functional regulatory and bank partnership issues, and advising senior business, product, and compliance stakeholders as Block develops and scales new consumer financial products.

Requirements

8+ years of experience at a law firm (with lending advisory experience), a financial services regulatory agency, in a bank partnership role, or in-house.
Substantive experience with lending and bank partnership issues/relationships.
Demonstrated ability to independently lead and drive complex legal and regulatory issues to resolution.
Experience engaging directly with senior stakeholders across legal, compliance, product, and business teams.
JD and an active membership and good standing with the Bar of resident state and/or the California Bar or New York Bar.
High degree of comfort and fluency with technology, and understanding of how technology is applied to business and regulatory problems.

Nice To Haves

Experience with emerging or novel consumer financial products.
Fair lending experience.
Experience with FinTech, lending, and bank partnership relationships; experience at a tech company or in fintech preferred.

Responsibilities

Provide legal and regulatory advice on products to the Counsel team and business partners regarding lending regulations, including Reg Z, Reg B, Fair Lending, and state lending licensing regulations.
Act as a subject matter expert and advise on legal, regulatory, and industry requirements for consumer and commercial lending, bank partnership arrangements, model risk management, and related financial services activities.
Lead the resolution of complex, cross-functional regulatory and bank partnership issues, using independent judgment to evaluate risk, trade-offs, and escalation paths.
Serve as a trusted advisor to senior business, product, compliance, and bank partner stakeholders, translating legal and regulatory risk into clear, actionable guidance.
Summarize and analyze the impact of new and evolving rules and regulations, and proactively flag implications for the business.
Provide legal support and strategic input on emerging and novel consumer financial products, assisting in shaping product development from concept to launch.