Counsel, Marketplace Payments

Location and Salary Bentonville, AR: $110,000 - $220,000/yrSan Bruno, CA: $143,000 - $286,000/yrRegular/ PermanentSalariedLoading map...Bentonville, AR: $110,000 - $220,000/yrSan Bruno, CA: $143,000 - $286,000/yrRegular/ PermanentSalaried Position Summary Walmart is building the next generation of commerce, payments and financial services at global scale. We are looking for a Counsel - Marketplace Payments to help build it. This is not a traditional retail legal role. You will work alongside Product, Engineering and business teams building payments, seller financing, cross-border money movement and emerging financial products for one of the world's largest marketplaces. You will also help tackle what comes next. Walmart is investing heavily in AI-powered and agentic commerce, from our own shopping assistant, Sparky, to collaborations with leading AI and technology companies. As AI changes how customers discover, shop and transact, you will help shape the payments and financial‑services infrastructure that makes those experiences possible. We are looking for a lawyer who wants to build, not just advise: someone who is curious about how products work, comfortable with novel legal questions, and excited to help turn ambitious ideas into products that can operate responsibly at Walmart scale. What you'll do Serve as a trusted legal advisor to Walmart Marketplace teams developing and operating financial-services and payments products for sellers, including merchant cash advances and other commercial-finance products, domestic and international payments, payouts and settlement. Partner closely with Product and Engineering teams throughout the product lifecycle, helping design scalable products and translating complex legal and regulatory requirements into practical product and operational solutions. Help Walmart navigate emerging legal and regulatory questions at the intersection of AI, commerce and payments as shopping evolves toward increasingly agentic experiences. Advise on payment and financial-services issues arising from AI-enabled and agent-led commerce, including transaction authorization, payment credentials and tokenization, authentication, funds flows, data sharing, allocation of responsibility among participants, and interactions among customers, sellers, platforms and AI agents. Work with technology and product teams on emerging commerce models in which Walmart's own AI capabilities and third-party AI platforms interact with Walmart Marketplace, payments and checkout infrastructure. Advise on U.S. and international payments regulation, including money transmission and remittance requirements, ACH and NACHA rules, card-network rules, AML/CTF, OFAC and sanctions requirements, and related financial-services regulation. Advise on commercial lending, sales-based financing, secured transactions, loan-brokering and other commercial-finance regulatory issues. Analyze funds flows, settlement structures, payout mechanics, returns and chargebacks, collections and recovery strategies, and related operational and credit-risk frameworks. Draft and negotiate complex agreements with sponsor banks, capital providers, payment processors, networks and other financial-services and technology partners. Help evaluate new and emerging payment and commerce technologies, including digital wallets, tokenization, real‑time payments, AI agents and other technologies that may change how customers discover, select and pay for products. Identify legal and regulatory issues early in product development and work with business partners to develop pragmatic, risk-based paths to launch. Develop scalable legal guidance, playbooks and processes that allow Marketplace payments and financial‑services products to grow efficiently in the United States and internationally. Partner across Legal, Compliance, Ethics, Privacy, Finance/Treasury, Risk and Technology and manage outside counsel on specialized regulatory, licensing and commercial‑finance matters. What you'll bring J.D. from an accredited law school and active membership in good standing in at least one U.S. jurisdiction. 4+ years of legal experience involving payments, fintech, banking, commercial finance, lending or financial‑services products. Experience advising businesses on complex legal or regulatory issues and translating those requirements into practical business solutions. Experience drafting and negotiating sophisticated commercial agreements. Strong judgment, intellectual curiosity and the ability to operate independently in a fast‑moving environment. Ability and interest in working directly with product, engineering and business teams and understanding the operational and technical mechanics of the products you support. Curiosity about emerging technologies and an interest in helping develop legal frameworks for products and business models that may not fit neatly within existing rules or precedent. Particularly valuable experience: Experience in some combination of the following would be valuable, but we do not expect candidates to have experience in every area: Payments regulation, money transmission, ACH/NACHA, card-network rules, payment processing or bank partnerships, Marketplace, platform or embedded-finance products, Merchant cash advances, commercial lending, factoring, invoice financing or other forms of seller or small‑business financing, Funds‑flow analysis, payout orchestration, settlement mechanics, chargebacks or payment operations, Cross‑border payments or international payments and financial‑services regulation, Sponsor‑bank, processor, payment‑network or financial‑infrastructure agreements, Product counseling at a fintech, payments company, financial institution, marketplace or technology company, Working directly with Product and Engineering teams on new financial products or technology, AI‑enabled products, agentic commerce, digital wallets, tokenization, real‑time payments or other emerging commerce and payment technologies. Minimum qualifications Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications. Law degree from an accredited law school and 4 years' experience in law. License to practice law in at least one state. Preferred qualifications Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications. Leading cross‑functional teams Primary Location 811 Excellence, Bentonville, AR 72716, United States of America Additional Compensation Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include : - Stock Drug‑free Workplace Walmart and its subsidiaries are committed to maintaining a drug‑free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment. Benefits 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. For information about PTO, see 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. For information about benefits and eligibility, see One.Walmart. Discount CardGet 10% off Walmart associates are eligible for a 10% discount card on most regular‑priced items and fresh produce in‑store and on select items at Walmart.com. Eligible after 90 days of employment. Live Better U100% coveredEarn a degree or in‑demand skills certificates with no debt- Walmart covers 100% of tuition and books. Live Better U offers 60+ programs for Associates to pursue their dreams. Walmart AcademyGrow your skillsReady to grow your career? Walmart Academy offers job‑specific retail training and leadership courses to help Associates reach their career goals. Financial perksEnjoy 401(k) matching and stock purchase plans. Paid time offTake a break as needed for vacation, sick leave, holidays, parental leave, and more Comprehensive health benefitsMedical, dental, vision, and wellness programs for you and your family Wellbeing programsAccess mental health resources and assistance programs for life's challenges Career growth opportunitiesTraining, leadership programs, and clear paths to advance. Learn more Life at WalmartImagine a workplace surrounded by innovation. #J-18808-Ljbffr Walmart