Owns commercial contracting and legal support for a fintech payments company. Drafts and negotiates payment processing, banking, partnership, vendor, SaaS, and consulting agreements; advises on BSA/AML, OFAC, FinCEN, money transmission, NACHA, privacy, IP, employment, governance, and corporate matters; manages legal risks, supports strategic initiatives, and coordinates external counsel.
About Payall
Payall Payment Systems is a fintech company transforming cross-border payments through innovative payment processing and compliance solutions for financial institutions. As a first-of-its-kind cross-border processor for banks, we combine advanced technology, payment infrastructure, and risk automation to help financial institutions simplify and modernize international payments.
About the Role
We are looking for an experienced Senior Legal Counsel - Commercial & Payments to take ownership of Payall's legal matters and provide strategic and operational legal support across the business.
This is a hands-on, independent role requiring strong commercial contracting experience and a solid understanding of the payments and fintech industry. You will work closely with executive leadership and cross-functional teams, managing legal matters from initial assessment through execution and resolution.
The role covers commercial contracting, financial services regulations, corporate governance, and legal and compliance matters. You will also coordinate with external legal counsel when specialized expertise is required.
What You Will Do
- Draft, review, and negotiate commercial agreements, including payment processing, banking, partnership, vendor, SaaS, and consulting agreements.
- Manage contract negotiations and advise on contractual risks and business obligations.
- Maintain standard contract templates and support efficient contract management.
- Advise on US federal and state regulations applicable to payment processing and financial services.
- Support legal matters involving BSA/AML, OFAC, FinCEN, state money transmission laws, and NACHA rules.
- Assess legal implications of new products, partnerships, and business initiatives.
- Manage day-to-day corporate legal matters, governance, and internal legal documentation.
- Advise on data privacy, intellectual property, employment, and consulting matters.
- Partner with the Compliance team on regulatory requirements and risk management.
- Coordinate with external legal counsel on specialized and international matters.
- Provide practical legal advice to executive management and business teams.
- Support strategic partnerships, business expansion, and commercial initiatives.
- Identify and mitigate legal risks while supporting business objectives.
What We Are Looking For
- 7+ years of legal experience, with a strong background in fintech, payments, banking, or financial services.
- Proven expertise in commercial contracting, particularly payment processing, banking, and financial services agreements.
- Strong knowledge of US financial services regulations, including BSA/AML, OFAC, FinCEN, and state money transmission requirements.
- Understanding of payment systems, banking relationships, and cross-border payment operations.
- Ability to independently manage a broad range of legal matters, from contract negotiations to corporate governance and regulatory advisory.
- Strong business acumen, sound legal judgment, and the ability to translate complex legal requirements into practical business solutions.
- Excellent communication and negotiation skills, with the ability to work effectively with executive leadership, financial institutions, and external counsel.
- A proactive, hands-on approach and the ability to take ownership in a fast-paced, international fintech environment.
Similar Jobs
Artificial Intelligence • Automotive • Greentech • Information Technology • Machine Learning • Software • Cybersecurity
Manages and grows revenue from an assigned dealer-client portfolio across Cox Automotive solutions. Develops client relationships through consultative, field-based selling, identifies cross-selling opportunities, collaborates with internal sales and marketing teams, and meets monthly quotas. The role requires traveling to client locations approximately 80% of the time across the Tallahassee, Panama City, and Pensacola territory.
Top Skills:
Salesforce
Artificial Intelligence • Automotive • Greentech • Information Technology • Machine Learning • Software • Cybersecurity
Manage and grow revenue from an assigned dealer-client portfolio across Cox Automotive solutions. Develop client relationships through consultative, solutions-based selling, conduct frequent field visits, identify cross-selling opportunities, collaborate with internal sales and marketing teams, and meet monthly quotas. The role requires extensive travel across the Tallahassee, Panama City, and Pensacola territory, automotive or auction knowledge, Salesforce proficiency, and a valid driver's license.
Top Skills:
SalesforceSalesforce
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Handles inbound calls and warm leads, consults customers on insurance needs, recommends appropriate coverages, and converts prospects into policyholders. The role requires sales or service experience, strong communication and persuasion skills, PC proficiency, and obtaining a Property and Casualty license. Employees complete paid remote training, work a five-day schedule including one weekend day, and meet specified home-office and internet requirements.
Top Skills:
PcWired High-Speed Internet
What you need to know about the Boston Tech Scene
Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.
Key Facts About Boston Tech
- Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
- Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
- Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
- Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories
