Role Overview

Block is one company built from many blocks, united by economic empowerment. Our foundational teams in People, Finance, Counsel, and more support global operations. As Banking Regulatory Counsel, you'll support Square Financial Services, Inc. (SFS), Square, and Cash App in expanding banking products. Your expertise in laws like the Bank Secrecy Act (BSA), Regulation W, Regulation D, Truth in Savings Act (TISA)/Regulation DD, Electronic Fund Transfer Act (EFTA)/Regulation E, and digital asset regulations will be pivotal.

This role demands a creative legal mind and solution-oriented thinker eager to expand financial access. You'll analyze regulatory impacts, manage projects, and partner across teams to launch compliant products. Ideal for lawyers with 6+ years in banking, fintech, or regulatory agencies, this position is based in the Bay Area, offering direct impact on innovative initiatives.

Key focus areas include Industrial Loan Companies (ILC), banking partnerships, deposit products, and tokenization. Join Block to tackle challenges with diverse perspectives and build inclusive financial solutions.

Key Responsibilities

As Banking Regulatory Counsel at Block, your day-to-day will involve high-impact legal work in a fast-paced environment. Here's what you'll do:

• Deliver expert legal and regulatory advice on products to the Counsel team, business partners, covering Affiliate Transactions/Regulation W, Regulation D, TISA/Regulation DD, EFTA/Regulation E, BSA, digital assets, and consumer/small business products.
• Guide on requirements for ILCs and banking partnerships, providing actionable insights.
• Innovate by aligning legal frameworks with new product developments and customer experiences.
• Lead projects ensuring adherence to scopes, timelines, and risk mitigation strategies.
• Assess impacts of new laws, regulations, and enforcement on SFS and Block.
• Offer risk-based advice balancing compliance and business goals.
• Collaborate with business, compliance, risk functions, and external experts.
• Support expansion of banking offerings across Square and Cash App.
• Draft and review agreements for deposit and payment products.
• Monitor fintech regulatory trends, especially in digital assets.
• Ensure compliance in affiliate transactions and financial institutions.
• Drive inclusive policies for broader economic access.
• Advise on product launches in tech-driven financial services.

These responsibilities position you at the intersection of law, business, and innovation, making immediate contributions to Block's growth.

Qualifications

To succeed as Banking Regulatory Counsel, you need:

• 6+ years at banks, law firms (bank regulatory focus), fintech, or agencies.
• Expertise in commercial/consumer banking, partners, deposits.
• Product launch experience in tech with legal/regulatory advice.
• Superior drafting/review skills with accuracy.
• Workload management in dynamic settings.
• Proven management collaboration.
• J.D. in good standing; state bar membership.
• Knowledge of digital assets/tokenization laws.
• Risk analysis and mitigation skills.
• Project management prowess.
• Strong communication for all levels.

Bay Area location preferred; hybrid options available.

Salary & Benefits

Competitive salary for Banking Regulatory Counsel ranges $220,000-$350,000 USD yearly, based on experience, plus equity. Block offers top-tier benefits:

• Health, dental, vision coverage.
• 401(k) matching.
• Unlimited PTO, parental leave.
• Professional growth stipends.
• Wellness programs, ESPP.
• Commuter perks, meals.
• VTO, ERGs, fertility benefits.

Total compensation includes bonuses, reflecting Bay Area market rates for senior counsel in fintech.

Why Join Block?

Block is transforming finance with Square's merchant tools and Cash App's peer-to-peer payments. As Banking Regulatory Counsel, you'll empower millions by navigating complex regs for inclusive banking. Work with global teams, innovate in digital assets, and enjoy Bay Area perks like collaborative culture and cutting-edge projects. Block values diversity, offering growth in a purpose-driven company. Every challenge sparks opportunity—bring your perspective to economic empowerment.

Fintech careers at Block mean impact: from BSA compliance to ILC expansions, your work scales globally. Join a company forecasting finances, safeguarding systems, and nurturing initiatives across time zones.

How to Apply

Ready for Banking Regulatory Counsel at Block? Submit your resume, cover letter highlighting banking reg experience, J.D., and bar status. Tailor to responsibilities like Regulation E advice or digital asset expertise. Block's hiring process includes interviews with Counsel, business leads. Apply now for Bay Area, CA—positions fill fast in competitive fintech legal market.

Optimize your application with keywords: banking regulatory counsel jobs Bay Area, fintech lawyer Square, Cash App compliance roles. Block seeks diverse talent for inclusive economy.