Counsel, Marketplace

San Bruno, CA | Sunnyvale, CA | Bentonville, AR
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.

• 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,…