Senior Legal Counsel, Enterprise Initiatives

Posted 20 Days Ago
Remote
Senior level
Fintech • Payments
The Role
The Senior Legal Counsel will provide in-house legal support for WEX's strategic objectives, focusing on commercial legal matters, contract negotiation, and compliance related to card schemes and payment facilitators. This role involves collaborating with various departments, managing outside counsel, and maintaining best practices in legal document processes.
Summary Generated by Built In

About Team / Role

The Senior Counsel, Enterprise Initiatives will primarily be responsible for general legal support to WEX’s near and long term strategic objectives, working with stakeholders across the global enterprise to support the execution of those key objectives and also engaging collaboratively with other legal SMEs as well as external advisers such as outside counsel.

How you'll make an impact

  • Provide general in-house support for legal matters supporting WEX’s strategic objectives both in the near term and long term.

  • Provide commercial legal support on WEX’s relationships with the card schemes and payment facilitators including advice relating to card scheme rules and other legal and contractual requirements.

  • Provide legal support generally to the WEX Marketing function, including the review of marketing content, press releases and marketing initiatives.

  • Provide legal support to the stakeholders responsible for early product development (from inception and throughout the incubation and testing phases).

  • Negotiate, draft and review a variety of commercial agreements including terms and conditions for the WEX lines of business, with a focus on standardization.

  • Assist in the selection and implementation of the WEX Contract Lifecycle Management tool including preparation and review of standard documents across all WEX lines of business. 

  • Build and maintain processes consistent with best practice operations of large legal teams, including (1) maintaining and updating standard templates and creating playbooks; and (2) providing guidance for requirements for the development, creation and maintenance of contracting processes, including automated contracts and commercial support systems.

  • Collaborate with colleagues in other areas of the legal department to identify and provide comprehensive legal guidance.

  • Where necessary, be responsible for engaging, instructing and managing outside counsel.

  • Be actively involved with the operations and commercial organizations to develop customer agreements and other commercial contracts.

Experience you'll bring

  • Education: J.D. required

  • Experience: 7+ years of legal experience

  • Experience in financial services and/or transportation industry, ideally in an in-house environment

  • Significant commercial drafting and negotiating experience, preferably in the payments sector 

  • Excellent verbal and written communication and interpersonal skills

  • Excellence in resourceful problem solving, detailed analysis, and issue resolution

  • Excellent ability to understand complex commercial and technical issues and business metrics

  • Effective organizational, multi-tasking, and prioritization skills

  • Collaborative and can work as part of a team, while also being an independent self-starter

  • Proactive in pursuit of continuous improvement, learning new skills, and addressing clients’ business needs with practical solutions

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.Pay Range: $146,000.00 - $194,000.00

The Company
HQ: Portland, ME
4,900 Employees
On-site Workplace

What We Do

We simplify complex payment systems for fleets, corporate payments, and healthcare—unlocking insights, opportunities, and efficiencies to give you greater control of your business.

Powered by the belief that complex payment systems can be made simple, WEX (NYSE: WEX) is a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through approximately 4,900 associates around the world. WEX fleet cards offer approximately 14 million vehicles exceptional payment security and control; our travel and corporate solutions business processes over $35 billion of purchase volume annually; and the WEX Health financial technology platform helps 343,000 employers and more than 28 million consumers better manage healthcare expenses.

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