Fraud / Financial Crime Product Counsel

Job description

Job Description Role Overview FIS is seeking a senior Fraud / Financial Crime Product Counsel to provide strategic legal support for fraud prevention, financial crime compliance and integrity-focused products. This new role is part of FIS’s dedicated Product Counsel structure supporting Data, AI, Technology, Fraud, Financial Crime and Enterprise Platform priorities. The role reflects the growing importance of legal advice that is embedded directly into product development, especially where fraud, abuse, scams, financial crime and compliance controls must be considered by design. The successful candidate will serve as the legal owner for assigned fraud and financial crime product portfolios, working as an integrated product counsel who understands the product, the regulatory environment, the client base and the operational realities of supporting banks and credit unions. FIS’s product counsel model requires attorneys to engage early, provide risk-calibrated advice and coordinate across compliance, privacy, security, litigation and other specialists to deliver practical, unified guidance. This role is ideal for a senior lawyer who can help FIS build products that are resistant to fraud, abuse and scams while preserving speed to market and client trust. Key Responsibilities Serve as the primary legal resource for assigned fraud prevention, financial crime compliance and integrity-focused product portfolios, owning product legal strategy across ideation, design, launch, business-as-usual support and product sunset or migration. Partner with product, fraud, compliance, data, technology, privacy, security, sales and business stakeholders to embed legal and regulatory considerations into product design and go-to-market planning. Advise on regulatory lanes that may be implicated by fraud and financial crime products, including banking, payments, consumer protection, privacy, data protection and financial crimes considerations. Help design product approaches that are resistant to fraud, abuse and scams by default, consistent with the dedicated integrity and financial-crime product counsel specialization identified in FIS’s Product Counsel structure. Build legal roadmaps that align with fraud and financial crime product milestones, including issue spotting, approvals, contracting readiness, launch requirements and post-launch monitoring. Maintain deep product and market knowledge, including product functionality, regulatory environment, target buyers, geographic markets, product roadmap, revenue priorities and sales pipeline. Work closely with compliance counterparts to prevent gaps and duplicative work where legal and compliance responsibilities overlap. Support client-facing positions on fraud, compliance, security, privacy, subcontracting, service levels, audit, incident response and product-specific operational terms. Own and maintain contract templates, solution terms, specifications, product documentation and approved negotiation guidance for assigned fraud and financial crime products. Support sales pipeline calls, RFP responses and client negotiations where product-specific fraud, financial crime, compliance, security, data or regulatory issues require legal input. Identify third-party dependencies, critical vendors, network changes, data providers and subcontractors that may affect product risk, contractual commitments or client obligations. Advise on disputes, operational issues and litigation support involving fraud or financial crime products, including potential exposure, available remedies, change management, specifications, third-party dependencies and client communications. Train legal colleagues, business teams and sellers on product functionality, key contacts, approved templates, fallback positions, non-negotiables, pass-through obligations and recurring negotiation trends. Drive scalable process improvements, including intake triage, escalation discipline, precedent language, legal playbooks, training materials and backup coverage for assigned products. Required Qualifications Juris Doctor from an accredited law school and active membership in good standing with at least one U.S. state bar. Minimum of 9 years of relevant legal experience, with substantial experience in financial services, financial technology, fraud prevention, financial crime compliance, payments, banking, risk management, compliance products or related regulatory environments. Demonstrated ability to provide product-facing legal advice across the full lifecycle of regulated technology products, including ideation, design, launch, contracting, support, disputes and product retirement. Strong understanding of legal and regulatory considerations relevant to banking, payments, consumer protection, privacy, data protection and financial crimes product development. Experience coordinating with compliance teams and other legal specialists to deliver practical, integrated advice on complex product issues. Experience supporting commercial contracting, RFP responses, client negotiations, template ownership and escalation of non-standard client positions. Ability to advise under uncertainty and make risk-calibrated recommendations that balance product velocity, regulatory expectations, client trust and enterprise risk. Strong interpersonal skills and demonstrated ability to build credibility with product, sales, compliance, privacy, security and senior business stakeholders. Preferred Qualifications Experience advising on fraud detection, AML, sanctions, scams, identity, transaction monitoring, risk scoring, compliance workflow, banking operations or payment network products. Experience supporting bank or credit union technology clients, including familiarity with oversight expectations, audit requests, security reviews and vendor risk management processes. Experience advising on data flows, data usage, AI-enabled decisioning, model governance, monitoring controls or technology features used in fraud and financial crime products. Experience developing approved legal positions for recurring client asks involving audit rights, service levels, subcontractors, security, incident response, liability or regulatory questionnaires. Experience working in a high-volume sales and contracting environment where product counsel must anticipate deal issues early and coordinate escalation before client positions are anchored. Demonstrated ability to train legal, sales and business teams on complex regulated products and translate legal requirements into practical product and go-to-market guidance. Why FIS FIS’s Product Counsel model is built to position legal as a partner, not a checkpoint, and to help product teams advance business goals while complying with governing laws and regulations. In fraud and financial crime, that model is especially important because product design, regulatory expectations, client trust, data usage and operational controls often converge. This role offers a senior lawyer the opportunity to help shape products that protect clients, support responsible innovation and strengthen FIS’s position as a trusted financial technology leader. Privacy Statement FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice . EEOC Statement FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis. Sourcing Model Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company. #pridepass