Senior Managing Counsel - Corporate Payments
WEX · Remote · $170,000–$213,200 (stated in the posting)
About Team / Role
The Senior Managing Counsel, Corporate Payments will be responsible for supporting, and managing direct reports in support of, WEX’s Corporate Payments line of business on complex commercial transactions and product development & launches in the Americas, primarily supporting WEX’s Commercial, Product and Marketing teams, collaborating with WEX Bank, Finance, Operations, Risk, Compliance and other stakeholders, and managing outside counsel. This position will positively contribute to the execution of the Legal Department strategy by playing a key role in process improvement initiatives and partnering with Corporate Payments business leaders to solve complex legal matters.
How You'll Make an Impact
- Manage and lead a team of legal professionals in support of WEX Corporate Payments legal matters, and oversee their work to ensure risk-appropriate assessment and handling of matters.
- Draft, review and negotiate a variety of customer and partner agreements including credit agreements, technology integration agreements, marketing, referral, technology and services agreements and related documentation, while facilitating necessary input from key stakeholders and ensuring agreements adhere to corporate policies and standards.
- Provide solution-oriented legal advice and support throughout the product lifecycle - from initial development to launch and commercialization, and through technology/product evolution, including drafting and reviewing product terms (e.g., app, API and website TOUs, integration terms, TOS).
- Identify, assess, collaborate, manage, and escalate as necessary, any issues or risks to the business, and guide team members in doing the same.
- Review marketing collaterals, press releases, and marketing initiatives for WEX Corporate Payments.
- Manage and resolve specific contractual queries and pre-litigation disputes raised by customers or commercial partners.
- Identify and lead opportunities to improve processes consistent with best practices pertaining to commercial contracting, template creation, and negotiation playbooks.
- Develop and maintain strong relationships with key internal constituencies, including Corporate Payments executives and leaders, and Product, Ops, Risk, Compliance and Finance leaders.
- Collaborate with colleagues in other areas of the legal department to identify risks and provide comprehensive legal guidance.
- Train, mentor, and foster individual team member growth and development in substantive areas and help build transferable skill sets.
- Be responsible for engaging, instructing and overseeing outside counsel work
- Provide commercially focused advice and recommendations to internal stakeholders regarding compliance with contractual terms and any other relevant policies and standards, while identifying potential business and legal risks.
Experience You'll Bring
- Education: J.D. from accredited law school
- Experience: 8+ years of legal practice, ideally with in-house experience; licensed in at least one U.S. state
- Significant experience in structuring, drafting and negotiating a wide range of commercial transactions (both sales and buy sides), including those for financial services, digital payment, technology, and with the public sector
- Experience in payments and/or financial services industries and related laws and regulations
- Understanding of the legal and practical components of a product life cycle and experience in providing legal advice throughout the cycle
- Experience in managing and supervising others
- Experience with legal matter management system, contract lifecycle management systems, and AI tools and capabilities, with a keenness to experiment and incorporate AI into daily workflows
- Excellent verbal and written communication and interpersonal skills
- Excellence in resourceful problem solving, detailed analysis, and issue resolution
- Excellent ability to understand complex commercial, product and technical issues and business metrics
- Effective organizational, multi-tasking, and prioritization skills to manage high work volume
- Collaborative and can work as part of a team, while also able to be an independent self-starter
- Proactive in pursuit of continuous improvement, learning new skills, and addressing clients’ business needs with practical solutions