Job Details

Payments Regulatory Counsel, US

  2025-12-03     Block     San Francisco,CA  
Description:

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

We are seeking an experienced U.S. Payments Regulatory Counsel who is excited to help shape the future of money. As part of our Counsel team, you'll be at the center of cutting‑edge developments in payments and financial technology. You'll partner with Compliance, Policy, Risk, Product/Product Counsel, and Engineering to solve regulatory challenges creatively—making sure innovation and compliance go hand in hand.

You Will

  • Provide legal and regulatory advice on payments and financial‑services products and features, including merchant payments and money transmission services such as stored‑value and peer‑to‑peer transfers.
  • Interpret and apply U.S. regulatory regimes and frameworks relevant to payments, such as:
    • Money‑transmission / MSB licensing; state and federal oversight
    • Card‑network rules and acquirer/issuer relationships
    • NACHA / ACH rules (same‑day, push payments, RTP, etc.)
    • Bank Secrecy Act (BSA), AML/KYC, OFAC / sanctions compliance
    • Consumer‑payments regulation (e.g., EFTA/Reg E, UDAAP/UDAP)
    • Funds‑settlement, interchange, digital wallets, payout services
  • Collaborate with government‑relations / public‑policy teams to review proposed state and federal legislation/regulation, provide internal commentary, draft comment letters, and engage with industry bodies and trade associations.
  • Support product teams and product counsel on how to launch and scale offerings in a compliant and innovative way.

You Have

  • JD degree and membership in good standing with at least one state bar
  • 5+ years of experience advising on financial regulatory matters; in‑house payments experience preferred.
  • Deep knowledge of payments laws, including money transmission regulations, with a working knowledge of the Bank Secrecy Act.
  • Comfort working at the intersection of law/regulation, product, and technology.
  • A business‑minded lawyer who can spot risk but also propose solutions.
  • Clear communicator who can explain both complex regulatory requirements and expectations to business partners and engineers, as well as Block's products to regulators and auditors.

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.

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.

Zone A

$217,800—$326,800 USD

Zone B

$202,600—$303,800 USD

Zone C

$191,700—$287,500 USD

Zone D

$185,200—$277,800 USD

Use of AI in Our Hiring Process

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