Senior Managing Counsel - Corporate Payments

WEXWEXUS•Remote, OH

2d•$170,000 - $213,200

About The Position

The Senior Managing Counsel, Corporate Payments supports WEX’s Corporate Payments line of business on complex commercial transactions and product development and launches in the Americas. The role primarily supports Commercial, Product, and Marketing teams; collaborates with WEX Bank, Finance, Operations, Risk, Compliance, and other stakeholders; and manages outside counsel. It contributes to the Legal Department’s strategy through process improvement initiatives and by partnering with Corporate Payments business leaders to address complex legal matters. The position leads a team of legal professionals and oversees risk-appropriate handling of legal matters. It provides commercial and product lifecycle advice, drafts and negotiates agreements and product terms, reviews marketing materials, resolves contractual questions and pre-litigation disputes, improves contracting processes, and advises stakeholders on contractual compliance, policies, and business and legal risks. It also develops team members and manages outside counsel.

Requirements

J.D. from an accredited law school.
At least 8 years of legal practice.
Licensed to practice in at least one U.S. state.
Significant experience structuring, drafting, and negotiating a wide range of buy-side and sales-side commercial transactions, including transactions involving financial services, digital payments, technology, and the public sector.
Experience in the payments and/or financial services industries and familiarity with related laws and regulations.
Understanding of legal and practical components of a product lifecycle and experience providing legal advice throughout the cycle.
Experience managing and supervising others.
Experience with legal matter management systems, contract lifecycle management systems, and AI tools and capabilities.
Excellent verbal, written, and interpersonal communication skills.
Strong resourceful problem-solving, detailed analysis, and issue-resolution skills.
Ability to understand complex commercial, product, and technical issues and business metrics.
Effective organizational, multitasking, and prioritization skills to manage a high work volume.
Ability to collaborate as part of a team while also working independently as a self-starter.
Proactive approach to continuous improvement, learning new skills, and addressing clients’ business needs with practical solutions.

Nice To Haves

In-house legal experience is ideal.
A keen interest in experimenting with and incorporating AI into daily workflows.

Responsibilities

Manage and lead a team of legal professionals supporting WEX Corporate Payments matters, overseeing their work to ensure risk-appropriate assessment and handling.
Draft, review, and negotiate customer and partner agreements, including credit, technology integration, marketing, referral, technology, and services agreements and related documentation.
Facilitate input from key stakeholders and ensure agreements adhere to corporate policies and standards.
Provide solution-oriented legal advice throughout the product lifecycle, from development through launch, commercialization, and product evolution.
Draft and review product terms, including app, API, and website terms of use, integration terms, and terms of service.
Identify, assess, collaborate on, manage, and escalate issues and risks to the business, and guide team members in doing the same.
Review marketing collateral, press releases, and marketing initiatives for WEX Corporate Payments.
Manage and resolve contractual queries and pre-litigation disputes raised by customers or commercial partners.
Identify and lead process-improvement opportunities and best practices for commercial contracting, template creation, and negotiation playbooks.
Develop and maintain relationships with Corporate Payments executives and leaders, and Product, Operations, Risk, Compliance, and Finance leaders.
Collaborate with other Legal Department colleagues to identify risks and provide comprehensive legal guidance.
Train, mentor, and support the growth and development of team members, including building transferable skill sets.
Engage, instruct, and oversee outside counsel.
Provide commercially focused advice and recommendations regarding compliance with contractual terms, policies, and standards, while identifying potential business and legal risks.

Benefits

Health insurance
Dental insurance
Vision insurance
Retirement savings plan
Paid time off
Health savings account
Flexible spending accounts
Life insurance
Disability insurance
Tuition reimbursement
Quarterly or annual bonus eligibility for non-sales roles, based on role and applicable plan