Payments Counsel

Booking Holdings

Location
New York-New York City
Description
<div id="jobDescriptionText" class="jobsearch-jobDescriptionText jobsearch-JobComponent-description"><div> <div> <p><b>Company Intro</b></p> <p> Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands – Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world.</p> <p></p> <p>The Booking Holdings Financial Services (BHFS) group is an international group of companies that is owned by Booking Holdings Inc. and will enable the delivery of regulated financial and payments services to customers of the BKNG brands around the world.</p> <p></p> <p><b>Job Overview</b></p> <p> Booking Holdings Financial Services, is looking for a highly energetic, organized and creative lawyer with experience or a demonstrated passion for payments to help develop and deliver a legal strategy to launch, and scale a world-class payments operation to support Booking Holdings Inc.’s brands globally.</p> <p></p> <p>The selected candidate will have the chance to join a team that helps remove friction out of payments, and shape the future of travel. You will have the chance to work on a range of innovative legal questions relating to regulatory strategy, roll out of new products and key areas of user experience, demonstrating a grasp of regulatory payments, product and commercial considerations that enable product management at scale, and help shape how travel is experienced by millions of users.</p> <p></p> <p>The role demands a product-savvy, technically competent lawyer, who can inform strategic decisions around licensing, registration and consumer protection requirements for payment and financial services products. This opportunity represents an exceptional chance to embed yourself with one of the world’s most exciting technology platforms and help define the future for accessing travel experiences across the world.</p> <p></p> <p>Salary for this role: <b>$175,500 – $214,500</b></p> <p><b> Responsibilities and Duties</b></p> <ul> <li><p>You will report directly to the Senior Payments Counsel, BHFS US.</p> </li> <li><p>You will be able to clearly and concisely articulate legal and regulatory payments issues to non-legal stakeholders, including the BHFS US management team.</p> </li> <li><p>You will work cross functionally on a daily basis, including with the BHFS US management team , technology, risk, compliance and finance teams and other stakeholders across the business. You will also partner with broader teams within BHFS and at Booking Holdings, as well as members of the Booking Holdings Global Legal Department across our subsidiary brands.</p> </li> <li><p>You will identify and advise on key payments and financial services regulatory issues impacting the BHFS business in the US region.</p> </li> <li><p>You will be called upon to provide practical and actionable legal advice on a variety of regulated financial and payments products and you will need to exercise legal judgment and commercial acumen in assessing legal risks in the US.</p> </li> <li><p>You will provide legal and strategic business advice on all aspects of our payments operations in the US, including product development, privacy and marketing strategies.</p> </li> <li><p>Advise and negotiate complex contracts with financial institutions, payment providers, technology platforms and other entities that provide or support payment operations.</p> </li> <li><p>Draft and manage product terms of use.</p> </li> </ul> <p><b>Qualifications</b></p> <ul> <li><p>5+ years practicing law, with a mix of in-house and law firm experience preferred.</p> </li> <li><p>Law degree from an accredited law school, and excellent academic credentials.</p> </li> <li><p>Experience with and/or demonstrated curiosity for payments and its regulation, data privacy, security, consumer protection issues and information policy.</p> </li> <li><p>Exceptional organizational and project management abilities.</p> </li> <li><p>Experience in advising on aspects of new product development and product delivery channels and working closely with product designers, engineers, and product management.</p> </li> <li><p>Experience with regulated money services businesses and entities with a money transmission license (MTL), other types of financial transactions and services and having experience advising regulated entities is desirable.</p> </li> <li><p>Experience in drafting and negotiating complex contracts, specially in the payments space with PSPs, card networks and in respect of payment terms is desirable.</p> </li> </ul> <p><b>Requirements of special knowledge / skills</b></p> <ul> <li><p>Excellent interpersonal, oral and written communication skills along with a demonstrated ability to collaborate cross-functionally with internal and external stakeholders.</p> </li> <li><p>Ability to work collaboratively and effectively in a global team environment.</p> </li> <li><p>Positive attitude, a sense of humor, unquestioned level of ethics and integrity and intellectual curiosity.</p> </li> <li><p>Demonstrated experience negotiating and structuring international commercial transactions with a wide range of counterparties, cultures and working styles.</p> </li> <li><p>High tolerance for change and ambiguity.</p> </li> <li><p>Creative thinker with strong problem-solving skills and the ability to thrive in a fast-paced work environment, handle multiple assignments simultaneously and effectively manage conflicting priorities.</p> </li> <li><p>Eager to learn new technologies and ideas. Comfortable navigating complicated and nuanced issues.</p> </li> <li><p>Previous experience of working within a financial technology, digital platform or e-commerce environment is desirable.</p> </li> <li><p>Should be willing to travel occasionally in post-Covid environment.</p> </li> <li><p>Bar admission in a US state.</p> </li> </ul> <p><b>About BKNG</b></p> <p> Booking Holdings is the world leader in online travel &amp; related services. Our teams work around the clock to build and improve the technology that empowers people to more freely travel across borders, time zones, languages and cultures. At Booking Holdings, we make it easier for everyone to experience the world every day through seamless technology powered by our six major brands:</p> <ul> <li><p>Booking.com</p> </li> <li><p>KAYAK</p> </li> <li><p>priceline</p> </li> <li><p>agoda</p> </li> <li><p>Rentalcars.com</p> </li> <li><p>OpenTable</p> </li> </ul> <p>Through the Booking Holdings brands, we help our customers reach all corners of the earth. Our ability to provide great service rests on how well we understand our diverse customer base, which is why having a diverse team is so important to us. We bring together employees from all walks of life and we are proud to provide the kind of inclusive environment that stimulates innovation, creativity and collaboration.</p> </div> </div></div>
Posted
Updated
Closed
Practice Areas
Banking
Specialties
Payment Systems
Experience
5+ years
Employer Type
In-House