The opportunity
Brex is the intelligent finance platform that enables companies to spend smarter and move faster in more than 200 markets. By combining global corporate cards and banking with intuitive spend management, bill pay, and travel software, Brex enables founders and finance teams to…
What you'll do
Serve as the embedded legal partner to engineering, design, and product teams: building bill pay and payments features, advising in real time as products are designed and built
Provide pragmatic, actionable advice on money transmission requirements and: best practices for existing and new bill pay and payments products
Advise on the regulatory implications of product architecture, payment flows,: fund movement, and feature design, helping teams make sound build-versus-defer decisions
Advise a variety of cross-functional partners on critical money transmission and payments regulatory questions
Track and analyze US state and federal money transmission laws, along with: relevant international payments regulations, and help Brex stay ahead of regulatory change affecting bill pay
Advise on product and marketing collateral, customer communications, and: disclosures for bill pay and payments products
What they're looking for
- Draft, update, and maintain customer agreements, terms, and disclosures for: bill pay and money movement products
- Support licensing, bank partner, and payments-network requirements as they relate to product launches
- + years working experience in a combination of law firms and fintech: companies, ideally advising on money transmission, payments, and money movement matters for regulated financial products
- Familiarity with federal, state, and international money transmission and: payments laws and regulations, including state money transmitter licensing, the Bank Secrecy Act/AML requirements, EFTA/Regulation E, NACHA operating rules, and required disclosures
