Job Description
Position Summary: The Clearing House Association L.L.C. (“Association”) is seeking a Regulatory and Legislative Affairs Counsel to report to the SVP, Director of Regulatory and Legislative Affairs. The position works closely with the Director of Regulatory and Legislative Affairs to implement the Association’s advocacy efforts regarding the payments industry and payments-related issues. The position monitors important developments in the payments industry, develops advocacy positions on payment-related issues that are important to large banking organizations and the financial sector more broadly, identifies ways in which to advance advocacy, and, with the support of the Association Managing Board of Directors, advances the Association advocacy agenda. This work requires regular written and in-person communications with the federal agencies responsible for regulating, supervising, and enforcing the laws governing payments and payments consumer protections, including the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation. Areas of recent advocacy have included stablecoins, tokenized deposits, instant payments, debit interchange, anti-money laundering, and sanctions regulations. The position also works closely with the Director of Regulatory and Legislative Affairs to monitor and address relevant Congressional actions and judicial proceedings, as necessary. Essential Functions and Responsibilities: Draft, or oversee outside counsel drafting of, persuasive and effective comment letters, whitepapers, blog posts, meeting decks, amicus briefs and other Association advocacy documents for payments-related advocacy matters. Advocate Association positions in meetings with federal agencies on payments issues. Serve as one of the Association’s primary points of contact with member executives on payments-related advocacy matters, including convening and managing member meeti