Job #: R0079378 Exp.: 5 - 9 Years
The Senior Counsel – Merchant Payments reports to the Law Vice President for Global Sales and Commerce Business Unit and works in a dynamic and collegial team of attorneys and contract managers. The Senior Counsel – Merchant Payments provides support for cross-industry payments initiatives, advises the business on legal and regulatory matters in relation to the provision of NCR services and ensures the provision of NCR services are made in accordance with Anti-Money Laundering requirements and other applicable U.S. laws and regulations. Responsibilities will include drafting and negotiating contracts, with emphasis on payments processing and financial technology products and services; developing contract templates; reviewing and providing legal regulatory advice on the design and roll-out of new products and the development of new distribution channels; building a trusted advisor relationship with the business teams; and identifying preventative measures to avoid legal risks, conflicts and issues relevant to the businesses supported.
Key areas of responsibility:
Partner with business clients to structure, draft and negotiate contracts with customers, partners and third parties, including customer processing agreements, reseller agreements, referral agreements, technology development and license agreements;
Advise the business on legal and regulatory matters in relation to NCR services and any new products and draft required related legal documents;
Act as a point of contact to the compliance and business employees on legal inquiries involving BSA/AML/CFT compliance matters;
Collaborate closely with the Compliance department in ensuring the provision of NCR services are made in accordance with Anti-Money Laundering requirements and any other applicable laws and regulations;
Assist in the development of internal policies, procedures, best practices and compilations of precedents and know-how related to BSA/AML/CFT compliance matters;
Address any other general or ad-hoc legal regulatory queries/projects from internal business stakeholders as needed;
Exercise judgment in advising business clients on contract interpretation and other matters;
Provide issue-focused legal guidance to contract managers on an escalation basis;
Work with others internally such as compliance, marketing, product management, product development, pricing, and finance, along with legal subject matter experts in-house and externally, to develop legal approaches and programs to support new business initiatives;
Develop and revise standard template agreements for use by the contract managers and business clients for a broad range of NCR’s offerings, with an emphasis on payment processing;
Provide internal training on relevant legal and regulatory issues; and
Develop and maintain in-depth knowledge of NCR's procedures, processes and policies.
Graduate of an accredited law school
5-9 years’ experience in commercial/transactional law, with at least 2+ years in the payments industry and responsibility for AML/BSA compliance, ideally with a mix of law firm and in-house experience, but attorneys with only law firm experience will be considered;
Experience with and knowledge of the Bank Secrecy Act, Dodd-Frank, AML/CFT, and Anti-Fraud programs;
Familiarity with privacy law and cybersecurity matters, and how those areas interface with banking and payments industries;
Knowledge of commercial contract laws and practices generally and specifically within the payments industry;
Excellent communication skills with ability to negotiate at high levels;
Strong writing skills and attention to detail;
Ability to work under short deadlines and outside normal working hours with minimal advance notice and minimal supervision; self-sufficient and independent;
Conceptual thinking in complex/completely new situations and ability to communicate ideas both internally and externally;
May require limited domestic and international travel; and
Confidence in client- and customer-facing situations, presenting a positive and professional image; excellent interpersonal skills.
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