Square Legal Lead, Block
Europe
+ Employee Stock Purchase Program
Financial services ecosystem
Job no longer available
Financial services ecosystem
1001+ employees
Job no longer available
+ Employee Stock Purchase Program
1001+ employees
Company mission
To create better tools to help everyone access the economy.
Role
Who you are
- This is an exciting opportunity for a highly engaged candidate with a passion for empowering merchants to join a creative and growing company
- We are looking for a collaborative, creative legal mind who is interested in contributing to company-wide programs to support compliance with licensing and regulatory requirements in Europe
- 10+ years (minimum) financial services regulatory experience working in an in-house organization or commercial law firm; experience in financial services, commercial and consumer lending, fintech and/or technology desirable
- Experience managing a world class team of attorneys
- Qualified solicitor in Ireland
- Experience advising on requirements with the Central Bank or Ireland, the Financial Conduct Authority (UK) and other financial services regulators in Europe
- Fluency in translating financial services regulatory requirements and legal advice into relevant guidance for business and product teams
- Ability to advocate for a position while maintaining a collaborative approach
- Background in providing legal advice on regulatory matters, partnering with regulators on licensing and enforcement matters, and assisting with market diligence in European jurisdictions
What the job involves
- Block is looking for an experienced attorney to lead the Square Legal team for Europe
- This team provides legal guidance on licensing, product development and data protection initiatives, managing legal risk and ensuring regulatory compliance of our non-U.S. entities, focusing on Europe
- Will report to the Square General Counsel
- Lead a Europe-based team of attorneys focused on financial services compliance for Ireland, UK, and the EU
- Advise on requirements with the Central Bank of Ireland (CBI) and the Financial Conduct Authority (FCA) (UK), and requirements in other EU jurisdictions (France, Spain)
- Provide guidance to product and engineering teams, and XFN and other partners, on issues related to new and existing products and features throughout the entire product development lifecycle
- Provide ideas and insights into how we can work within the law to create amazing product experiences for our customers and reduce legal risks
- Provide sound compliance advice on laws and regulations relevant to consumer protection, advertising, IP, data protection, and the software and financial services industries
- Manage the attorneys responsible for drafting and negotiating commercial and intellectual property agreements in Europe affecting our products and services
- Draft terms of use, product policies, and disclosures, and implement related processes
- Collaborate with other counsel to provide globally aligned legal advice
- Identify risk areas and develop systems, policies, and procedures to manage and mitigate them
- Represent Block with regulators and external partners, in collaboration with other teams, as needed
Application process
- If you are offered this role and accept the offer, prior to the appointment, you will be required to agree to abide by the CBI Standards and complete a Fitness & Probity Self-Certification form
- Due diligence checks will also be performed in line with the CBI Standards
Otta's take
Sam Franklin
CEO of Otta
Block is a financial services technology company comprising of Square, Cash App, Spiral, TIDAL, and TBD. Its biggest brand, Square, offers hardware and software for small to medium-sized businesses enabling them to manage the entire payment lifecycle. It functions similarly to Shopify and Stripe, but has paired online payment processing with physical devices such as registers, payment terminals, and mobile card readers.
The business was originally founded as Square in 2009 by Jack Dorsey of Twitter fame. Already well-established with SMEs all over the globe, Square has significantly benefited from the increased demand for mobile payment systems. Its order management feature remains a go-to tool for small businesses that otherwise didn't have the proper infrastructure in place when demand for home delivery surged.
Square rebranded as Block in December 2021, with the Square brand name remaining in place for their seller business. The company has since come under fire for its security practices, facing lawsuits in relation to a major breach of CashApp user data, and in 2024 announced plans to reduce its workforce in order to cut costs. Despite these setbacks, there is every chance the business will move past this, though it may take some time to rebuild trust in its product.
Insights
Few candidates hear
back within 2 weeks
19% employee growth in 12 months
Company
Company benefits
- Healthcare coverage (Medical, Vision and Dental insurance)
- Health Savings Account and Flexible Spending Account
- Retirement Plans including company match
- Employee Stock Purchase Program
- Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
- Paid parental and caregiving leave
- Paid time off (including 12 paid holidays)
- Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
- Learning and Development resources
- Paid Life insurance, AD&D, and disability benefits
Company HQ
SoMa, San Francisco, CA
Founders
Jack Dorsey
(CEO)Having studied at and dropped out of New York University, Jack founded Twitter in March 2006, where he has served as CEO since. He co-founded Square with Jim in February 2009, and has remained its CEO ever since.
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