Senior Counsel, Financial Services

Walmart • Hoboken, NJ

93d • $130,000 - $312,000

About The Position

As Senior Counsel, Financial Services, you will provide expert legal leadership across Walmart's broad financial services portfolio—encompassing credit cards, personal lending, BNPL, prepaid programs, digital wallets, subscription and loyalty products, and fintech partnerships. You'll serve as the primary in-house legal advisor for our innovative financial services products in the U.S., while also supporting external fintech partners and collaborating with international teams on emerging opportunities. Your work will help shape legal strategies that enable both domestic financial services growth and seamless integration of fintech initiatives globally. Serve as the primary financial services contact for our Government Affairs team tracking new legislation, proposed rules, regulatory guidance, and add valuable insights working with our industry groups to prepare comment letters on proposed rules and regulations. You will also serve as the lead lawyer on financial services AI initiatives related to payments, digital wallets, agentic AI, and the privacy issues associated with growing AI interfaces within Walmart payments.

Requirements

• 8+ years of experience in legal roles supporting consumer financial services or fintech operations—either in-house or with a law firm.
• Credit card experience desirable, including advising on card program structure, billing and dispute resolution, APR disclosures, fees, underwriting and co‑brand card models.
• Deep expertise in Reg Z and Reg E in retail financial services contexts.
• Strong background in banking regulation, including licensing, money transmitter laws, state and federal oversight.
• Experience supporting digital wallet, payments, and fintech product development—guiding legal and regulatory aspects.
• Experience at a financial regulator (e.g., CFPB, FTC, or state banking authority) or working with regulators provides a meaningful advantage.
• Proven ability to translate legal risk into practical, business-focused advice.
• Excellent written and verbal communication skills, with the ability to collaborate across diverse teams and convey legal guidance to non-law audiences.
• Practical judgment and a commercial mindset sharpened in fast-paced environments.

Nice To Haves

• Leading cross-functional teams

Responsibilities

• Advise on fintech and digital wallet launches, fintech integration, and other strategic payment platform initiatives.
• Support partnerships with money transmitters and banks—in product rollout, state/federal licensing, remittance tax compliance, and regulatory change management.
• Collaborate cross-functionally (Compliance, Investigations, Operations, Product, Tech) on fraud mitigation, marketing disclosures, and data privacy integrations.
• Advise on cutting-edge AI initiatives, including regulatory and privacy considerations for Walmart's internal AI platforms.
• Offer legal guidance for AI-driven financial tools that personalize user experiences and enhance payments, loyalty, and fintech engagement.
• Counsel on the implementation of AI-powered fraud detection, risk management, and anomaly detection systems within financial services and fintech operations.
• Support legal structuring for AI-integrated fintech partners and platforms working with Walmart's financial services.
• Provide counsel on domestic and inbound regulatory inquiries (CFPB, FTC, State AGs, state banks).
• Ensure compliance with core consumer financial regulations.
• Advise on implementation of compliant electronic signature processes across lending, card issuance, digital onboarding, and disclosures.
• Analyze and manage supplier and partner agreements, addressing exclusivity, territorial/channel restrictions, affiliate data sharing, agent‑principal dynamics, and corporate governance for spending authority.
• Draft and negotiate supplier contract amendments, statements of work, and new agreements to support initiatives such as digital wallets, co‑branded payment products, and recurring revenue programs.
• Provide live, practical legal advice during internal meetings and supplier negotiations for Money Services, Business Products, and fintech collaborations.

Benefits

• Health benefits including medical, vision and dental coverage.
• Financial benefits including 401(k), stock purchase and company-paid life insurance.
• Paid time off benefits including PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting.
• Short-term and long-term disability.
• Company discounts.
• Military Leave Pay.
• Adoption and surrogacy expense reimbursement.
• Live Better U education benefit program for full-time and part-time associates.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: General Merchandise Retailers
• Education Level: Bachelor's degree