(USA) Counsel, Financial Services

Position Summary...

What you'll do...

Are you ready to take your career to the next level? Walmart’s Chief Legal Office is seeking a dynamic professional with a strong background in, personal lending, BNPL and installment loans, pre-paid access, open and closed loop gift cards, and more. Bring your expertise to both the in-store environment but also to our growing ecommerce and merchant platforms. This is your chance to make a significant impact, developing new products, identifying risks, and advising on legal and regulatory requirements impacting a dynamic global organization.

You’ll make an impact by:

• Lead the charge in providing comprehensive counseling on a range of products, including payments, credit cards, personal loans, merchant lending, and banking-related products and services.
• Be the trusted advisor who responds promptly to complex legal requests, coordinating with your team and outside counsel to deliver practical, timely, and high-quality advice.
• Use your problem-solving skills to identify and assess business and legal risks, finding innovative ways to mitigate them while achieving product goals.
• Champion compliance, ensuring adherence to applicable laws and regulations.
• Use your negotiation skills to advise on, review, draft, and negotiate deals and agreements in support of new products and partnerships.
• Build strong relationships to facilitate a coordinated team approach to launching new products and features.
• Liaise with relevant regulatory agencies and Walmart’s global investigations units regarding government investigations and enforcement and assist in setting the strategy for compliance with all relevant legal and regulatory requirements.
• Stay updated on financial services case law and monitor regulatory issues from state Attorneys General, CFPB, and state banking departments.
• Ensure compliance with loan broker regulations, and other regulations including ECOA, FCRA, FACTA, FDCPA, TILA, SCRA, MLA, UDAAP, Dodd-Frank, EFTA, GLBA, and TCPA.
• Review Walmart’s Compliance Management Systems (CMS), issue remediation, and self-reporting requirements.
• Manage due diligence and vendor and merchant management, including beneficial ownership issues, and TPRM requirements issued by state and federal regulators.
• Implement compliant Electronic Signature processes under E-Sign Act, UETA, and UCC regulations.

You’ll sweep us off our feet if

• A minimum of 6-8 years of experience as a subject matter expert in the financial services industry, or retail industry supporting financial services.
• Well developed knowledge and experience with lending products and applicable state and federal consumer financial protection laws such loan broker regulations, fraud and AML, pre-approval rules, the Truth in Lending Act, the Equal Credit Opportunity Act, Fair Credit Reporting Act and the Fair Debt Collections Practices Act.
• Excellent written and oral communication skills.
• Demonstrated ability to work practically and quickly to evaluate risk, solve problems, and make decisions that balance risk, opportunity, and business objectives.
• Experience dealing with federal and state banking and other regulators including the CFPB and FTC.
• Working knowledge of lending related regulatory issues, including Reg E, Z, II, and financial advertising and disclosure requirements.
• Experience in rolling out retail-based, customer service products and services.
• Extraordinary interpersonal and communication skills, phenomenal ability to communicate information effectively internally and externally, including to non-legal audiences, and to drive cross-functional alignment and action and an execution-oriented mindset with the humility, drive, and creativity to