Counsel, Product & Regulatory

Overview

This role involves serving as Counsel, Product and Regulatory, supporting high-impact, cross-functional initiatives involving complex legal and regulatory issues related to risk management for financial and payments products. The position requires strong business judgment, analytical and communication skills, and the ability to work independently while collaborating with large, multi-stakeholder teams.

Responsibilities

• Act as a trusted advisor on rules, laws, and regulations related to prepaid, debit, and credit card products, including EFTA/Regulation E, Durbin/Regulation II, TILA/Regulation Z, and card network rules
• Provide legal advice on payment laws, financial services regulations, consumer protection, and enforcement actions for existing products and new features
• Assess legal risks, recommend mitigation strategies, and advise cross-functional stakeholders (product, engineering, risk, go to market, etc.) to maintain integrity of the financial platform
• Monitor and conduct analyses of new regulations in the payments/financial services space to determine applicability to payments/financial products
• Collaborate with internal teams, sponsor banks, and customers to support launches of new products, features, and campaigns
• Collaborate with and manage outside legal counsel
• Demonstrate integrity, sound judgment, and a collaborative, proactive approach across the organization

Requirements

• 5+ years of experience practicing in-house in fintech or banking, or at a reputable law firm, with a focus on the prepaid, debit, and/or credit card space
• Deep understanding of the payments industry, including laws, rules, and regulations affecting banks and participants in the payments ecosystem (including issuer processors and program managers)
• Strong sense of ownership; ability to independently and collaboratively drive complex projects to completion on tight timelines
• Business-focused risk awareness; ability to balance legal risk mitigation with key business objectives and risks
• Excellent oral and written communication skills; ability to work effectively with teams and independently; ability to drive accountability and influence outcomes
• Ability to challenge and be challenged constructively and respectfully, including with banks and customers
• Advanced problem-solving skills, including quickly digesting issues, evaluating options, and enabling delivery
• JD degree and member in good standing of a State Bar

Preferred Qualifications

• None listed.

Compensation & Benefits

This employer offers a Flex First work model and calibrates pay based on working location using three United States tiers:

• National: $188,800 - $236,000
• Premium: $204,600 - $255,800
• Premium Plus: $220,400 - $275,500

Base salary ranges are determined based on factors including skills, prior experience, and work location. Eligible employees receive annual bonuses tied to individual performance and company success.

In addition to monetary compensation, benefits include:

• Multiple health insurance options
• Flexible time off
• Retirement savings program with company contribution 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
• Free therapy sessions, financial and professional coaching, and legal advice
• Monthly stipend to support the remote work model
• Annual “development dollars” for growth and development

Location

Remote work is available anywhere within the United States.

Equal Employment Opportunity / Accommodations

The employer is an equal opportunity employer committed to an inclusive workplace and does not discriminate based on applicable protected characteristics. Reasonable accommodations are available for applicants with disabilities.

Typical Hiring Process

• Application submission
• Recruiter video call
• Hiring manager video call
• Virtual “Onsite” consisting of 4–5, 30 min video calls
• Offer