Senior Counsel, Financial Services

Senior Counsel, Financial Services

As Senior Counsel, Financial Services, you will provide expert legal leadership across Walmart's broad financial services portfolioencompassing credit cards, personal lending, BNPL, prepaid programs, digital wallets, subscription and loyalty products, and fintech partnerships. You'll serve as the primary in-house legal advisor for our innovative financial services products in the U.S., while also supporting external fintech partners and collaborating with international teams on emerging opportunities. Your work will help shape legal strategies that enable both domestic financial services growth and seamless integration of fintech initiatives globally. Serve as the primary financial services contact for our Government Affairs team tracking new legislation, proposed rules, regulatory guidance, and add valuable insights working with our industry groups to prepare comment letters on proposed rules and regulations. You will also serve as the lead lawyer on financial services AI initiatives related to payments, digital wallets, agentic AI, and the privacy issues associated with growing AI interfaces within Walmart payments.

Key Responsibilities

• Advise on fintech and digital wallet launches, fintech integration, and other strategic payment platform initiatives.
• Support partnerships with money transmitters and banksin product rollout, state/federal licensing, remittance tax compliance, and regulatory change management.
• Collaborate cross-functionally (Compliance, Investigations, Operations, Product, Tech) on fraud mitigation, marketing disclosures, and data privacy integrations.

Emerging Tech & AI in Financial Services

• Advise on cutting-edge AI initiatives, including regulatory and privacy considerations for Walmart's internal AI platforms, which supports thousands of AI applications company-wide.
• Offer legal guidance for AI-driven financial toolssuch as "super agents" (e.g., customer assistants like "Sparky")that personalize user experiences and enhance payments, loyalty, and fintech engagement.
• Counsel on the implementation of AI-powered fraud detection, risk management, and anomaly detection systems within financial services and fintech operations, ensuring compliance with data privacy and consumer protection laws.
• Support legal structuring for AI-integrated fintech partners and platforms working with Walmart's financial services, including identity verification, transaction monitoring, and tailored credit offerings.
• Collaborate with technology, compliance, data privacy, and product teams to align AI innovations with regulatory requirements, including privacy, transparency, bias mitigation, and governance policies.

Regulatory, Compliance & E-Signature Guidance

• Provide counsel on domestic and inbound regulatory inquiries (CFPB, FTC, State AGs, state banks).
• Ensure compliance with core consumer financial regulationsReg E, Reg Z, ECOA, FCRA, FDCPA, UDAAP, AML/fraud, remittance laws, TCPA, EFTA, GLBA, and licensing regimes.
• Advise on implementation of compliant electronic signature processes (E-Sign Act, UETA, UCC) across lending, card issuance, digital onboarding, and disclosures.
• Partner with data privacy and security teams to apply global privacy standards (GLBA, GDPR, CCPA/CPRA, Safeguards Rule) across financial services.

Supplier & Commercial Contracts

• Analyze and manage supplier and partner agreements, addressing exclusivity, territorial/channel restrictions, affiliate data sharing, agent-principal dynamics, and corporate governance for spending authority.
• Draft and negotiate supplier contract amendments, statements of work, and new agreements to support initiatives such as digital wallets, co-branded payment products, and recurring revenue programs.

Counsel to Business & Deal Desk Support

• Provide live, practical legal advice during internal meetings and supplier negotiations for Money Services, Business Products, and fintech collaborations.
• Lead contract drafting for new commercial agreements and platform integrations tied to global fintech products and e-commerce offerings.

What you'll bring:

Experience & Qualifications

• 8+ years of experience in legal roles supporting consumer financial services or fintech operationseither in-house or with a law firm.
• Credit card experience desirable, including advising on card program structure, billing and dispute resolution, APR disclosures, fees, underwriting and co-brand card models.
• Deep expertise in Reg Z and Reg E in retail financial services contexts.
• Strong background in banking regulation, including licensing, money transmitter laws, state and federal oversight.
• Experience supporting digital wallet, payments, and fintech product developmentguiding legal and regulatory aspects.
• Experience at a financial regulator (e.g., CFPB, FTC, or state banking authority) or working with regulators provides a meaningful advantage.
• Proven ability to translate legal risk into practical, business-focused advice.
• Excellent written and verbal communication skills, with the ability to collaborate across diverse teams and convey legal guidance to non-law audiences.
• Practical judgment and a commercial mindset sharpened in fast-paced environments.

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.

Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.

Minimum Qualifications

Law degree from an accredited law school and 5 years' experience in law. License to practice law in at least one state.

Preferred Qualifications

Leading cross-functional teams

Primary Location

121 River St, Hoboken, NJ 07030-5989, United States of America