Director, Senior Corporate Counsel – Financial Services

🕒 September 29

🇺🇸 United States – Remote

💵 $179k - $205k / year

⏰ Full Time

🟠 Senior

💸 Financial Planning and Analysis (FP&A)

👻 Ghost score 13%

What it means: the chance that no one is really hiring for this job.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.Why this score:

• Open for 45 days.
• Jobs at this company usually fill in 21 days.

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Paylocity

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

Founded 1997

👥 HR Tech

☁️ SaaS

🤝 B2B

💰 $10M Venture Round - Paylocity on 2008-05

HR Tech • SaaS • B2B

Paylocity is a provider of cloud-based payroll and human capital management software for businesses of all sizes. Its platform includes payroll, HR, time & labor, benefits administration, talent management (recruiting, onboarding, performance, learning), employee experience tools and AI-driven features, and it serves small businesses through enterprises as well as partners such as accountants, brokers, and tech partners.

📋 Description

• Serve as primary internal legal advisor on financial services, money movement, and fiduciary activities across Paylocity’s product and service portfolio • Advise on formation, chartering, licensing, and ongoing operation of regulated financial services entities • Lead legal workstreams for banking license applications and material change filings with OCC, FRB, FDIC, and state regulators • Advise on money transmission licensing strategy and lifecycle activities through NMLS • Draft, review, and negotiate corporate, commercial, and regulatory agreements • Interpret and apply federal and state financial services laws and regulations • Establish and maintain corporate governance, board and committee frameworks, delegated authority policies, and affiliate transaction controls • Partner with Compliance on BSA/AML, OFAC, KYC/CDD/EDD, and consumer financial protection obligations • Manage and coordinate external counsel across regulatory, transactional, litigation, and specialty matters • Serve as legal point of contact for regulator inquiries, examinations, and enforcement matters • Monitor legislative, regulatory, and supervisory developments affecting financial services and trust businesses • Support internal audit, enterprise risk, and regulatory examination readiness, including information requests, findings, and remediation • Provide legal risk reporting to executive leadership, the AML Governance Committee, and other governance forums • Partner with Compliance, Risk, Product, Finance, Treasury, Operations, Technology, external counsel, and consulting partners

🎯 Requirements

• BBA / BA / BS degree required • JD required • Admission to a state / DC bar required • 10+ years of progressive legal experience in a combination of top-tier law firm, in-house financial services, and/or federal or state financial services regulatory agency environments • 5+ years of leadership experience • Demonstrated experience advising on formation, chartering, and stand-up of a national trust bank, national bank, or comparable depository institution, including engagement with the OCC and/or FRB • Substantive expertise in financial services regulation, including UDAAP, EFTA/Reg E, Reg W, Reg CC, consumer financial protection regulations, and money transmission licensing • Experience with federal and state legal and regulatory frameworks • Hands-on experience with OCC, FRB, FDIC, FinCEN, CFPB, and state financial services and money transmission regulators • Working knowledge of BSA/AML, OFAC sanctions, and KYC/CDD/EDD • Familiarity with fiduciary and trust legal frameworks, including OCC 12 CFR 9 and state trust laws • Prior experience in payroll, HCM, spend management, or embedded finance preferred • Ability to sit for extended periods, typically 7–8 hours a day • Ability to operate computers, phone systems, type, and use multiple software programs simultaneously • Must be available five days per week during designated work hours • Must work from within the U.S.

🏖️ Benefits

• Medical insurance • Dental insurance • Vision insurance • Life insurance • Disability insurance • 401(k) match • Perks supporting employees, their families, and finances • Career development opportunities • Fully remote work from home or location of record within the U.S. • Annual bonus • Restricted stock unit grant based on individual performance • Full range of company benefits

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