Counsel, Product & Regulatory

Overview

This role involves serving as Counsel, Product and Regulatory, focusing on payments technology and its regulatory landscape. The position requires managing complex legal and regulatory issues related to financial and payments products, supporting cross-functional initiatives, and providing strategic legal advice. The role reports to the US Product & Regulatory lead counsel and can be performed remotely anywhere within the United States.

Responsibilities

• Act as a trusted legal advisor with expertise in prepaid, debit, and credit card regulations, including EFTA/Regulation E, Durbin/Regulation II, TILA/Regulation Z, and card network rules.
• Provide legal guidance on payment laws, financial services regulations, consumer protection, and enforcement actions for existing products and new features.
• Assess legal risks and recommend mitigation strategies to cross-functional teams such as product, engineering, risk, and go-to-market.
• Monitor and analyze new regulations in the payments and financial services sectors to determine their impact on products.
• Collaborate closely with internal teams, sponsor banks, and customers to facilitate the launch of new products, features, and campaigns.
• Manage relationships with outside legal counsel.
• Demonstrate initiative, integrity, and sound judgment while working independently and collaboratively across the organization.

Requirements

• Minimum of 5 years of in-house legal experience in fintech, banking, or a reputable law firm, with a focus on prepaid, debit, and/or credit card products.
• Deep understanding of the payments industry, including relevant laws, rules, and regulations affecting banks and payments ecosystem participants such as issuer processors and program managers.
• Strong ownership mentality with the ability to drive complex projects to completion under tight deadlines in a fast-paced environment.
• Practical business focus with risk awareness and the ability to balance legal risk mitigation against business objectives.
• Excellent oral and written communication skills; ability to work both independently and in teams; ability to influence outcomes and drive accountability.
• Ability to engage constructively with internal stakeholders, banks, and customers.
• Advanced problem-solving skills to quickly analyze issues and implement effective solutions.
• Positive attitude, team player, and commitment to excellence.
• Juris Doctor (JD) degree and membership in good standing of a State Bar.

Compensation and Benefits

• Base salary ranges based on geographic location within the United States:
  • National Tier: $188,800 - $236,000
  • Premium Tier (higher cost-of-living areas such as Los Angeles, Seattle): $204,600 - $255,800
  • Premium Plus Tier (highest cost-of-living areas such as San Francisco Bay Area, New York City): $220,400 - $275,500
• Annual bonuses based on individual and company performance.
• Multiple health insurance options.
• Flexible time off policy.
• Retirement savings program with company contributions and after-tax contributions.
• Equity in a publicly traded company and an Employee Stock Purchase Program.
• Family-forming benefits, fertility support, and up to 20 weeks of parental leave.
• Access to free therapy sessions, financial and professional coaching, and legal advice.
• Monthly stipend to support remote work.
• Annual development funds to support professional growth.

Location

• This is a remote position open to candidates located anywhere within the United States.

Equal Employment Opportunity

The organization is committed to an inclusive workplace and does not discriminate based on race, color, religion, sex (including pregnancy and related conditions), veteran or uniformed service member status, age, national origin, citizenship, immigration status, disability, gender identity or expression, sexual orientation, genetic information, or any other protected characteristic. Reasonable accommodations are available for applicants with disabilities during the recruitment process.