Product Counsel - Lending, Cash App

It all started with an idea at Block in 2013. Initially built to take the pain out of peer-to-peer payments, Cash App has gone from a simple product with a single purpose to a dynamic ecosystem, developing unique financial products, including Afterpay/Clearpay, to provide a better way to send, spend, invest, borrow and save to our 50+ million monthly active customers. We want to redefine the world’s relationship with money to make it more relatable, instantly available, and universally accessible.

Today, Cash App has thousands of employees working globally across office and remote locations, with a culture geared toward innovation, collaboration and impact. We’ve been a distributed team since day one, and many of our roles can be done remotely from the countries where Cash App operates. No matter the location, we tailor our experience to ensure our employees are creative, productive, and happy.

The Role

As Product Counsel, you'll have a broad range of responsibilities providing legal guidance on product and feature development. You will report to Cash App’s Head of Product Counsel and partner with our product teams to develop new offerings while managing legal risk and ensuring regulatory compliance. As we expand our offerings, your ideas and contributions will make an immediate impact. 

You are highly motivated, organized, and creative. You are curious, with a desire to understand underlying causes and motivations. You’ve got experience with lending products, either as in house counsel or through your work at a firm. You are able to research and master complex legal topics and communicate them to non-lawyers in brief, clear language. You can markup a complex commercial contract, draft terms of service, manage a conversation with a bank partner, and draft a memo on the legal aspects of a new product feature. You are good-humored, patient, respectful to your co-workers, and bring a positive attitude to our team. You are capable of an expert understanding of a legal issue but can separate the practical from the academic and provide clear, accurate, and actionable advice to the business team. You are good-humored, patient, respectful to your co-workers, and bring a positive attitude in the office. 

You Will

• Provide guidance to product and engineering teams on issues related to products and features throughout the entire product development lifecycle
• Develop trusted relationship with business partners and stay informed on key product developments
• Draft and negotiate commercial agreements affecting your products and services
• Draft terms of use, product policies, and product disclosures
• Work closely with other support teams (tax, compliance, accounting, outside counsel) to provide seamless support to business partners
• Actively cultivate creative ideas and insights into how legal frameworks can support new product developments and customer experiences

You Have

• 5+ years of combined, relevant experience in law firms, governmental agencies, or in-house legal departments
• Experience advising on consumer lending products, including consumer lending protection laws (Regulation Z), bank partnerships, and state licensing regulations.
• Familiarity with launching products and advising on the legal and regulatory aspects of product development in the technology space
• Excellent commercial negotiation and drafting skills
• Fluency translating legal advice into actionable guidance for creative products and collaborators
• Work in an evolving and growing environment that is prone to changes
• Sound, practical business judgment, and creativity solving problems
• A Juris Doctor (JD) degree and active membership in at least one state bar