Experience in payment aggregation, bill payments, pre-paid instruments, cross broader transactions, lending and privacy.
Amazon Pay is looking for a talented attorney to support our rapidly growing and evolving payments businesses. You will serve as the lawyer responsible for counseling the business on a broad range of payment and regulatory matters with particular focus on payment aggregation business, bill payments, PPI, merchant onboarding, cross border transactions, Co-branded credit card and privacy.
You will also work with business and tech partners to structure complex transactions, ensuring adherence to legal and regulatory compliance and also offer advisory on information security related aspects. You will also work with business teams to explore and evaluate new business opportunities in the payments space, to help the teams understand the regulatory compliance and to facilitate launch of any new products/ services. Principal duties will include providing day-to-day advice, resolving issues that arise in existing commercial relationships, drafting and negotiating complicated payment, co-brand and other commercial agreements, and providing ongoing legal counseling on a wide range of legal areas including payment aggregation business. The duties will also include engagement with bank and network partners, manage customer disputes and assist in responding to regulatory complaints.
You will be responsible for regulatory engagement and to work with industry bodies to drive policy change initiatives, and to represent Amazon Pay in regulatory forums; you will work closely with various teams including the public policy team for such matters. You will also be responsible to monitor and publish regulatory changes, and work with various internal teams to drive compliance.
A successful candidate should have a strong transactional and regulatory background and be hard working, proactive, entrepreneurial, and able to apply sound, pragmatic judgment in ambiguous situations. In-house experience at a technology or financial service company is a plus.
- L.L.B. (undergraduate law degree) from a recognized university in India.
- In addition, Company Secretary qualification is desirable.
- A minimum of 8+ years of legal experience in financial sector (with several years of experience at a leading law firm and/or in-house).
- Experience and strong skills in drafting and negotiating contracts.
- Experience in analyzing and responding to regulatory and compliance matters
- Ability to function autonomously yet communicates laterally and upwardly with ease.
- Strong legal and business judgment.
- Excellent written and oral communication skills in English.
- Excellent interpersonal skills to effectively communicate and coordinate complex issues and projects with diverse levels of management and employees
- In-house experience at financial service company.
- Familiar with the electronic financial services sector to counsel and assist with payments-related matters to support Amazon's payments businesses (such as merchant processing arrangements, payment association rules, banking and credit laws, and financial privacy).
- Familiarity with money service business compliance requirements, anti-money laundering rules, know-your-customer requirements, and payment aggregation regulations.