Senior Counsel, Regulatory & Legislative Affairs

The Clearing House•DC Remote, DC

1d•$180,000 - $190,000•Remote

About The Position

The Clearing House Association L.L.C. (“Association”) is seeking a Regulatory and Legislative Affairs Counsel to report to the SVP, Director of Regulatory and Legislative Affairs. The position works closely with the Director of Regulatory and Legislative Affairs to implement the Association’s advocacy efforts regarding the payments industry and payments-related issues. The position monitors important developments in the payments industry, develops advocacy positions on payment-related issues that are important to large banking organizations and the financial sector more broadly, identifies ways in which to advance advocacy, and, with the support of the Association Managing Board of Directors, advances the Association advocacy agenda. This work requires regular written and in-person communications with the federal agencies responsible for regulating, supervising, and enforcing the laws governing payments and payments consumer protections, including the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation. Areas of recent advocacy have included stablecoins, tokenized deposits, instant payments, debit interchange, anti-money laundering, and sanctions regulations. The position also works closely with the Director of Regulatory and Legislative Affairs to monitor and address relevant Congressional actions and judicial proceedings, as necessary.

Requirements

JD and licensed attorney.
5-10 years’ experience working on payments-related matters in a law firm, bank, or regulatory agency, or on advocacy for the financial industry.
Demonstrated ability to quickly grasp new and complex business/legal concepts and formulate solutions.
Excellent interpersonal skills, dynamic and highly team oriented.
Ability to form and maintain strong working relationships with internal and external clients and stakeholders.
Demonstrated ability to multi-task, prioritizes changing deadlines, and produce quality work product in a fast-paced environment.
Strong business judgment, strategic thinking, and collaborative problem-solving skills.
Exceptional communication, research and writing skills.
Must be able to work with other attorneys and administrative support staff.
Mastery of Microsoft Word, PowerPoint, and virtual meeting platforms (e.g., Webex, Zoom, Teams).
Ability to engage in regular travel as needed to in-person meetings with regulators, legislative staff, member bank representatives and conferences.

Responsibilities

Draft, or oversee outside counsel drafting of, persuasive and effective comment letters, whitepapers, blog posts, meeting decks, amicus briefs and other Association advocacy documents for payments-related advocacy matters.
Advocate Association positions in meetings with federal agencies on payments issues.
Serve as one of the Association’s primary points of contact with member executives on payments-related advocacy matters, including convening and managing member meetings and calls and responding to member inquiries and requests.
Develop and lead issue-oriented advocacy meetings with regulators, trade association staff, senior bank executives, Congressional staff, think-tanks, and others.
Maintain strong relationships with the government and legislative affairs staff at Association member banks and other trade associations and industry groups on issues of joint concern.
Stay apprised of payments-related advocacy issue developments in real time.
Serve as a subject matter expert to The Clearing House staff on payments-related advocacy matters
Speak and participate in public forums (e.g., conferences, newspapers, etc.) as expert and advocate for Association views on payments-related advocacy matters
Assist with planning and executing The Clearing House Annual Conference
Other duties as assigned