Banking Regulatory Counsel

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams - People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more - provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.
The Role
Block is looking for a regulatory counsel to support commercial and consumer banking, and banking and related digital asset initiatives across Block including both Square Financial Services, Inc. (SFS), Square and Cash App products. As SFS expands product offerings, your ideas and contributions will make an immediate and direct impact. A creative legal mind, a solution-oriented thinker, and a desire to expand access to the financial system through building banking products are all required.
You Will

• Provide legal and regulatory advice on our products to members of the Counsel team, business and functional partners on laws and regulations relevant to banking entities and other financial services businesses such as Affiliate Transactions / Regulation W, Regulation D, Truth In Savings Act (TISA)/Regulation DD, Electronic Fund Transfer Act (EFTA)/Regulation E, Bank Secrecy Act (BSA), evolving laws in the digital asset and tokenization space and other laws affecting consumer and small business deposit and money movement products and regulated financial institutions
• Advise on legal, regulatory, and industry requirements for Industrial Loan Companies (ILC) and banking partnership products and provide clear and actionable advice.
• Actively cultivate creative ideas and insights into how legal frameworks can support new product developments and customer experiences.
• Manage projects to ensure internal and external resources adhere to the project scopes and implementation plans, including risk mitigation.
• Analyze the impact of new applicable laws and regulations and regulatory enforcement activity to SFS and Block.
• Provide risk-based legal advice to meet business objectives.
• Partner with our business, second line and third line of defense functions and with external advisors and experts.

You Have

• 6+ years experience at a bank, law firm (with bank regulatory experience) financial services fintech and/or financial services regulatory agency.
• Subject matter expertise in commercial and consumer banking business with benefit of experience with banking partner relationships and deposit products.
• Familiarity with launching products and advising on the legal and regulatory aspects of product development in the technology space.
• Strong reviewing and drafting skills; commitment to quality through demonstrated accuracy and thoroughness.
• Ability to organize and prioritize a heavy workload in a dynamic and complex environment to meet deadlines and daily requirements, while maintaining exceptional accuracy.
• Proven success working with all levels of management.
• J.D. Degree in good standing.
• Membership in at least one state bar.

We're working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and "fair chance" ordinances.
We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we're doing to build a workplace that is fair and square? Check out our I+D page .
While there is no specific deadline to apply for this role, U.S. roles are typically open for an average of 55 days before being filled by a successful candidate. Please refer to the date listed at the top of this job page for when this role was first posted.
Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate's starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.
To find a location's zone designation, please refer to this resource . If a location of interest is not listed, please speak with a recruiter for additional information.
Zone A:
$180,000 - $270,000 USD
Zone B:
$167,400 - $251,200 USD
Zone C:
$158,400 - $237,600 USD
Zone D:
$149,400 - $224,200 USD
Use of AI in Our Hiring Process
We may use automated AI tools to evaluate job applications for efficiency and consistency. These tools comply with local regulations, including bias audits, and we handle all personal data in accordance with state and local privacy laws.
Contact us here with hiring practice or data usage questions.
Every benefit we offer is designed with one goal: empowering you to do the best work of your career while building the life you want. Remote work, medical insurance, flexible time off, retirement savings plans, and modern family planning are just some of our offering. Check out our other benefits at Block.
Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we're helping build a financial system that is open to everyone.