Managing Counsel, Embedded Finance

Calling all innovators - find your future at Fiserv.

We’re Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day - quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we’re involved. If you want to make an impact on a global scale, come make a difference at Fiserv.

Job Title

About your role:

As Managing Counsel, you will provide legal support for embedded finance and digital asset products, including payments, account products, card programs, money movement, digital wallets, stablecoins and related technology-enabled financial services. You will work with business leaders, product, sales, operations, risk, compliance and legal partners to support product development, commercial agreements and regulatory alignment that help Fiserv deliver financial services at scale.

What you'll do:

• Serve as a primary legal advisor to the Embedded Finance and Digital Assets business, providing practical counsel to senior leaders and cross-functional teams.
• Structure, draft and negotiate complex commercial agreements with clients, financial institutions, sponsor banks, payment networks, program managers, issuers, custodians, technology providers, vendors and strategic partners.
• Advise on the development, commercialization, implementation and operation of embedded financial products, including deposit and account products, debit, prepaid and credit card programs, payment acceptance, money movement, disbursements, lending, digital wallets, rewards, program management and application programming interface-enabled financial services.
• Provide legal and regulatory guidance for digital asset products and initiatives, including payment stablecoins, tokenized deposits, digital asset custody and wallets, blockchain-enabled payments and settlement, reserve and custody arrangements, and digital asset platform capabilities.
• Advise on allocation of responsibilities among Fiserv, clients, sponsor banks, issuers, custodians and other third parties for regulatory compliance, customer servicing, fraud, disputes, complaints, data, risk management, reserve management, custody and operational obligations.
• Develop and maintain scalable legal frameworks, contracting models, templates, playbooks and processes that promote consistency, efficiency and risk management.
• Coordinate with legal and corporate specialists on regulatory, compliance, privacy, cybersecurity, intellectual property, finance, tax, audit, litigation, employment and related matters.
• Responsibilities listed are not intended to be all-inclusive and may be modified as necessary.

Experience you'll need to have:

• 8+ years of experience structuring, drafting, negotiating and redlining complex commercial agreements involving financial products, technology services, financial institutions, clients, vendors or strategic partners.
• 6+ years of experience advising on regulatory issues related to payments, banking, embedded finance, card issuing, financial technology, digital assets or related financial services products.
• Experience identifying legal and regulatory risks and developing practical mitigation strategies for business stakeholders, product teams and cross-functional partners.
• Licensed to practice law and active in good standing in at least one appropriate jurisdiction.
• Juris Doctor degree or higher from an accredited law school.

Experience that would be great to have:

• 8+ years of experience providing legal counsel for financial services, payments, fintech, banking, technology or other regulated businesses.
• Experience with deposit or account products, debit, prepaid or credit card programs, payment processing and acquiring, money movement, disbursements, lending, digital wallets, program management or sponsor bank relationships.
• Experience advising on payment stablecoins, tokenized deposits, blockchain or distributed ledger technology, digital asset custody or related digital asset regulation.
• Familiarity with legal and regulatory frameworks applicable to banks, fintechs, payment companies and technology service providers.
• Experience counseling product teams through product design, regulatory review, contracting, implementation, launch and ongoing operations.

How you'll work:

• This role is on-site Monday through Friday. Fiserv considers in-person collaboration to be an essential part of this role as in-person office experiences help you with your overall onboarding experience and leads to stronger productivity.
• This role requires use of a computer and audio equipment.

Travel:

• This role requires occasional travel (up to 10%).

Sponsorship:

• You must currently possess valid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including, but not limited to, F-1 (OPT, CPT, STEM), H-1B, H-2, or TN, or any candidate requiring sponsorship, now or in the future, will not be considered for this role.

Benefits at Fiserv:

• Fuel Your Life program to support your physical, financial, social, and emotional well-being.
• Paid holidays and generous time away policies.
• No-cost mental health support through Employee Assistance Programs.
• Living Proof program to recognize your peers’ extra effort with points redeemable for rewards.
• Eight Employee Resource Groups to foster a collaborative culture and expand your network.
• Unparalleled professional growth with training, development, and internal mobility opportunities.
• Medical, dental, vision, life, and disability insurance options available from day one.
• Retirement planning including 401k match and discounted shares with the Employee Stock Purchase Plan.
• Tuition assistance and reimbursement program.
• Paid parental and military leave.

This role is not eligible to be performed in Colorado, California, District of Columbia, Hawaii, Illinois, Massachusetts, Maryland, Minnesota, New Jersey, New York, Nevada, Rhode Island, Vermont, Virginia, Maine or Washington.

It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.

Please note that salary ranges provided for this role on external job boards are salary estimates made by outside parties and may not be accurate.

Thank you for considering employment with Fiserv. Please:

• Apply using your legal name
• Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Our commitment to Equal Opportunity:

Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law.

If you have a disability and require a reasonable accommodation in completing a job application or otherwise participating in the overall hiring process, please contact [email protected]. Please note our AskHR representatives do not have visibility to your application status. Current associates who require a workplace accommodation should refer to Fiserv’s Disability Accommodation Policy for additional information.

Note to agencies:

Fiserv does not accept resume submissions from agencies outside of existing agreements. Pleasedo not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.

Warning about fake job posts:

Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.