Sr. Commercial Counsel
- Employer
- Fiserv
- Location
- Omaha
- Salary
- Competitive
- Posted
- Mar 01, 2023
- Closes
- Mar 28, 2023
- Practice
- Litigation
- Position
- Counsel
- Contract Type
- Permanent
What does a successful Sr. Commercial Counsel do?
As a Sr. Commercial Counsel, you would provide legal support to Fiserv's fast–paced, Open–Loop Prepaid business by interpreting applicable laws and regulations; drafting and negotiating agreements with clients and partners; providing counsel to sales, account management, product, and technology leaders on legal and business matters; and liaising with company specialists regarding intellectual property, technology, privacy, security, regulatory, employment, and litigation matters.
This position will be based out of our Omaha, NE, Coral Springs, Florida or Berkeley Heights, NJ. office working a hybrid work model collaborating 3 days in office and 2 days remotely.
What you will do:
Providing counsel and legal advice on regulatory matters, strategic initiatives, client, partner and other contracts, intellectual property, dispute resolution, corporate policies and procedures, and administration
Working directly with business unit representatives to prepare and negotiate client, partner and other commercial contracts for payroll, funds disbursement, incentive, and gift card solutions
Advising business partners on legal, contractual, and risk matters impacting their areas of responsibility
Effectively interacting with corporate specialists regarding finance, audit, tax, IT, publicity/press, regulatory, privacy and technology matters that affect the open loop Prepaid business
Developing and maintaining forms of contracts and other legal documentation
What you will need to have:
5+ years of relevant experience negotiating, drafting, and redlining contracts and providing regulatory prepaid program guidance
Demonstrated experience working in a highly regulated environment
JD from accredited law school
Licensed to practice, or ability to become licensed to practice, in appropriate jurisdiction
In good standing with State Bar with no disciplinary record
What would be great to have:
Prepaid card payments industry experience
Knowledge of regulatory requirements for prepaid business (e.g., CARD Act, Prepaid Access Rule, Prepaid Account Rule, AML, Reg E) State Money Transmission laws, state payroll card laws, applicable privacy laws, and Card Association rules
Experience interacting with senior management
Exposure to financial services and technology contracts
Self–assured, driven, independent leader
– HYBRID