Senior Corporate Counsel – Prepaid Card Business

Role Overview

• Monitor, interpret, and apply prepaid
• and payments‑specific consumer regulations, including Reg. E, CFPB prepaid account rules, UDAAP standards, and network operating regulations, to ensure compliant product features, disclosures, and customer communications.
• Draft, review, and enhance consumer‑facing materials for prepaid and payments products, translating complex regulatory and network requirements into clear, accurate, and accessible disclosures, marketing content, and customer education resources.
• Deliver legal counsel on the negotiation, drafting and review of contracts with U.S. Bank’s and FSV’s customers, vendors and partners
• Advise Prepaid relationship managers on contract interpretation, strategic options, product and process changes, and potential defaults and remediation paths
• Partner with outside legal counsel and other professional advisors to support new product development and technology driven advancements
• Interpret, apply and update Prepaid policies and procedures to ensure compliance, operational clarity, and alignment with business objectives.

Requirements

• Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
• Five years of experience at either a law firm or in-house corporate environment
• Deep knowledge of commercial contracts, financial services and the operating environment of financial institutions
• Prior experience in the payments or card product sectors, with knowledge of regulatory regime governing consumer cards and payment network operating rules is strongly preferred
• Interest in and ability to advise on emerging payment technologies and innovative product offerings
• Capacity to manage a diverse portfolio of legal matters with minimal supervision
• Demonstrated ability to exercise sound, independent legal judgment to recommend solutions that balance business objectives and risk-considerations
• Excellent written, oral and interpersonal communication skills
• Strong commitment to providing responsive, practical, and business-focused client service.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law