ADP is hiring a VP Counsel, Payments and U.S. Money Movement

The VP Counsel is responsible for providing legal advice and support to cross-functional teams related to ADP's domestic money movement products and services, including direct legal responsibility for ADP Payment Solutions. The individual will be responsible for the day-to-day legal support of Wisely and its in-app financial services, Direct Deposit via ever-evolving payment rails, Print Services (ADPCheck and wage statements) and compliance with ADP's prepaid accounts anti-money laundering program. The individual will provide leadership, compliance expertise, regulatory guidance and legislative input in support of ADP's domestic money movement activities. The individual will interface with both state and federal regulators, ADP senior management, business unit management, various ADP corporate functions, outside counsel, partners, vendors and lobbyists.

• Provide day-to-day legal and compliance guidance to ensure product compliance in the highly regulated areas of wage payments (state labor laws/regulations), consumer financial services (CFPB - Regulation E and UDAAP) and money movement (FinCEN/IRS - Bank Secrecy Act/Anti-Money Laundering, as well as the NACHA, The Clearing House, FedNow, and applicable card networks governing the various payment rails; and state escheat laws).
• Provide legal direction and guidance to the product management organization to ensure that the wage payment/money movement products and services offered in the U.S. comply with existing and changing laws and regulations.
• This individual also will support the ADP AML Officer with respect to compliance with ADP's prepaid accounts anti-money laundering program.
• Provide ADP's lobbying and government affairs resources with input related to proposed changes in laws applicable to wage payments, including Earned Wage Access and on-demand pay products, and money movement.
• Provide legal support and guidance (vendor contracts, in coordination with the Global Contracts Team, and compliance initiatives) for the banking relations team.
• Provide legal support and guidance to the product marketing team to help ensure consistent and accurate product marketing and documentation in the high risk, highly regulated consumer financial services industry.
• Monitor and analyze emerging and applicable regulatory developments.
• Keep abreast of wage payment and money movement compliance standards and best practices.
• Identify and drive implementation of compliance initiatives.
• Participate in professional organizations and conferences and provide payments and money movement compliance thought leadership.
• Establish effective working relationships with business and functional associates including participation on the Employee Financial Solutions senior leadership team.
• Support EFS initiatives and compliance related needs and perform other duties as assigned. Some travel may be required.

• J.D. required. Must be admitted to a state bar and in good standing.
• 10+ years of legal experience is required.
• 3-5+ years of experience dealing with wage payment matters, state/federal money transmitter/money services business matters and/or use of prepaid account for wage payments is preferred.
• 5+ years of experience as in-house counsel (preferably with a fortune 500 corporation)
• Experience in interfacing with regulators; and advising senior and business unit management on compliance-related matters, is preferred.

• Compliance-related experience in the areas of state payroll laws, Regulation E of the Electronic Funds Transfer Act, UDAAP, NACHA, state/federal money transmitter/MSB laws and a working knowledge of the Bank Secrecy Act and implementation and oversight of anti-money laundering programs.
• Proven ability to build strong relationships with key stakeholders.
• Experience negotiating and drafting complex bank and network agreements.
• Experience in either legislative/regulatory processes and/or client facing roles a plus.
• Knowledge of human capital management and/or financial services industries, or components thereof, preferred.
• Excellent organizational, written and communication skills.
• Ability to work in a highly regulated environment.
• Ability to analyze and assess new rules and regulations.
• Must be a motivated self-starter with the ability to manage matters/people and proactively anticipate issues and problems as they arise.

• Be yourself in a culture that values equity, inclusion, and belonging and creates a safe space for diverse perspectives and insights.
• Belong by joining one of nine Business Resource Groups to connect globally with networks and allies who share common interests and experiences.
• Grow your career in an agile, fast-paced environment with plenty of opportunities to progress.
• Continuously learn through ongoing training, development, and mentorship opportunities.
• Be your healthiest. Best-in-class benefits start on Day 1 because healthy associates are happy ones.
• Focus on your mental health and well-being. We're here to provide exceptional service to our clients, and none of that happens without each of us taking care of ourselves and being there for one another.
• Join a company committed to giving back and generating a lasting, positive impact upon the communities in which we work and live.
• Get paid to pay it forward. Company-paid time off for volunteering for causes you care about.