Senior Counsel, Risk

Brex is the intelligent finance platform that enables companies to spend smarter and move faster in more than 200 markets. By combining global corporate cards and banking with intuitive spend management, bill pay, and travel software, Brex enables founders and finance teams to accelerate operations, gain real-time visibility, and control spend effortlessly. Brex’s AI-native automation and world-class service eliminate manual expense and accounting tasks for customers so they can focus on what matters most. Tens of thousands of the world's best companies run on Brex, including DoorDash, Coinbase, Robinhood, Zoom, Plaid, Reddit, and SeatGeek.

Working at Brex allows you to push your limits, challenge the status quo, and collaborate with some of the brightest minds in the industry. We’re committed to building a diverse team and inclusive culture and believe your potential should only be limited by how big you can dream. We make this a reality by empowering you with the tools, resources, and support you need to grow your career.

Legal at Brex

The Legal team helps the company grow responsibly, advocating for Brex and for the thousands of growing businesses we serve. We provide strategic advice and guidance to all Brex teams, protect Brex, advise on risk, and represent the company externally, negotiating with partners and interacting with regulators. Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.

Where you’ll work

This role will be based in our New York City office. We are a hybrid environment that combines the energy and connections of being in the office with the benefits and flexibility of working from home. We currently require a minimum of three coordinated days in the office per week, Monday, Wednesday and Thursday. As a perk, we also have up to four weeks per year of fully remote work!

As Risk Counsel, you will own the legal response to the moments that matter most: disputes, incidents, collections, and regulatory inquiries. You will be the connective tissue between Legal, Compliance, Risk, Operations, and our product teams when things go wrong, and you will drive them to resolution. Specifically, you will:

• Manage pre-litigation matters end to end, including demand letters, disputes with customers, vendors, and counterparties, and early case assessment, working with outside counsel where escalation is warranted
• Lead the legal resolution of account and funds ownership disputes, including competing claims to accounts, deceased or dissolved account holders, business partner separations, and interpleader-adjacent scenarios
• Oversee the legal side of collections on delinquent commercial card and lending balances, including strategy for escalated accounts, engagement and management of collections agencies and outside counsel, and ensuring collections practices comply with applicable law and our bank partner requirements
• Manage bankruptcy matters involving Brex customers and counterparties, including proof of claim filings, automatic stay compliance, preference and clawback exposure, and coordinating recovery strategy in Chapter 7 and Chapter 11 proceedings

• Juris Doctor (JD) and active bar membership in good standing of at least one U.S. jurisdiction
• 6+ years of experience as an attorney, including at least 3 years focused on one or more of the following: litigation or commercial disputes, creditors’ rights or collections, bankruptcy, regulatory investigations or enforcement, or incident response
• Experience owning pre-litigation disputes end to end, including demand letters, early case assessment, and deciding when to bring in outside counsel
• Working knowledge of the regulatory landscape applicable to fintech, such as state money transmission, UDAAP, Reg E and Reg Z, BSA/AML, and bank partnership models

• 3+ years of experience as an in-house attorney at a fintech, bank, broker-dealer, or payments company
• Experience responding to bank regulatory examinations or inquiries, including from the OCC or the Federal Reserve
• Broker-dealer regulatory experience, such as responding to FINRA or SEC examinations and information requests, handling FINRA customer arbitrations and complaints, Rule 4530 reporting, or advising on SEC enforcement inquiries and subpoenas
• Experience managing collections agencies or recovery counsel, including recovery strategy in Chapter 7 and Chapter 11 proceedings
• Experience with account ownership and beneficiary dispute frameworks

The expected salary range for this role is $270,000 - $335,000 USD. However, the starting base pay will depend on a number of factors, including the candidate’s location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.

Brex LLC is a wholly owned subsidiary of Capital One, N.A.

Please be aware, job-seekers may be at risk of targeting by malicious actors looking for personal data. Brex recruiters will only reach out via LinkedIn or email with a brex.com domain. Any outreach claiming to be from Brex via other sources should be ignored.