Payments Counsel

Company Intro

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.

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.

Job Overview

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.

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.

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.

Salary for this role: $175,500 - $214,500

Responsibilities and Duties

• You will report directly to the Senior Payments Counsel, BHFS US.
• You will be able to clearly and concisely articulate legal and regulatory payments issues to non-legal stakeholders, including the BHFS US management team.
• 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.
• You will identify and advise on key payments and financial services regulatory issues impacting the BHFS business in the US region.
• 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.
• 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.
• Advise and negotiate complex contracts with financial institutions, payment providers, technology platforms and other entities that provide or support payment operations.
• Draft and manage product terms of use.

Qualifications

• 5+ years practicing law, with a mix of in-house and law firm experience preferred.
• Law degree from an accredited law school, and excellent academic credentials.
• Experience with and/or demonstrated curiosity for payments and its regulation, data privacy, security, consumer protection issues and information policy.
• Exceptional organizational and project management abilities.
• Experience in advising on aspects of new product development and product delivery channels and working closely with product designers, engineers, and product management.
• 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.
• Experience in drafting and negotiating complex contracts, specially in the payments space with PSPs, card networks and in respect of payment terms is desirable.

Requirements of special knowledge / skills

• Excellent interpersonal, oral and written communication skills along with a demonstrated ability to collaborate cross-functionally with internal and external stakeholders.
• Ability to work collaboratively and effectively in a global team environment.
• Positive attitude, a sense of humor, unquestioned level of ethics and integrity and intellectual curiosity.
• Demonstrated experience negotiating and structuring international commercial transactions with a wide range of counterparties, cultures and working styles.
• High tolerance for change and ambiguity.
• 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.
• Eager to learn new technologies and ideas. Comfortable navigating complicated and nuanced issues.
• Previous experience of working within a financial technology, digital platform or e-commerce environment is desirable.
• Should be willing to travel occasionally in post-Covid environment.
• Bar admission in a US state.

About BKNG

Booking Holdings is the world leader in online travel & 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:

• Booking.com
• KAYAK
• priceline
• agoda
• Rentalcars.com
• OpenTable

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.

Who we are

WE ARE PRICELINE.

Our success as one of the biggest players in online travel is all thanks to our incredible, dedicated team of talented employees. Priceliners are focused on being the best travel deal makers in the world, motivated by our passion to help everyone experience the moments that matter most in their lives. Whether it's a dream vacation, your cousin's graduation, or your best friend's wedding - we make travel affordable and accessible to our customers.

Our culture is unique and inspiring (that's what our employees tell us). We're a grown-up, startup. We deliver the excitement of a new venture, without the struggles and chaos that can come with a business that hasn't stabilized.

We're on the cutting edge of innovative technologies. We keep the customer at the center of all that we do. Our ability to meet their needs relies on the strength of a workforce as diverse as the customers we serve. 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.

Priceline is part of the Booking Holdings, Inc. (Nasdaq: BKNG) family of companies, a highly profitable global online travel company with a market capitalization of over $80 billion. Our sister companies include Booking.com, BookingGo, Agoda, Kayak and OpenTable.

If you want to be part of something truly special, check us out!

Flexible work at Priceline

Our working model is Five Day Flex; we are offering you full flexibility to come to the office as many days a week (or as few) as you like. While there is no minimum requirement, we do expect to see you on occasion, especially for planning meetings, team building events, and professional development activities.

Diversity and Inclusion are a Big Deal!

To be the best travel dealmakers in the world, it's important we have a workforce that reflects the diverse customers and communities we serve. We are committed to cultivating a culture where all employees have the freedom to bring their individual perspectives, life experiences, and passion to work.

Priceline is a proud equal opportunity employer. We embrace and celebrate the unique lenses through which our employees see the world. We'd love you to join us and add to our rich mix!

Applying for this position

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