Regulatory Counsel

Overview

A financial infrastructure platform is seeking a seasoned regulatory counsel to join its North America Regulatory Legal team. This team provides strategic and practical financial regulatory advice to support business growth and compliance. The role focuses on U.S. and Canadian payments, money transmission, and banking laws, advising cross-functional teams including compliance, policy, product, engineering, finance, and partnerships. The position offers the opportunity to engage with regulators, support new product development, and shape regulatory strategies in a fast-moving environment.

Responsibilities

• Provide regulatory advice on payments, money transmission, lending, and banking laws to various internal teams.
• Collaborate with product, engineering, partnerships, compliance, finance, and marketing teams on market expansion, regulatory compliance, and product development.
• Conduct legal research on regulatory topics, assess business and legal risks, and develop mitigation strategies.
• Stay current on U.S. and Canadian financial regulations to offer proactive guidance on trends and risks.
• Partner with policy teams to promote a regulatory environment conducive to responsible financial innovation.
• Represent the organization before state and federal agencies, examiners, banking partners, and other external stakeholders.
• Draft and advise on policies, procedures, governance, and internal controls to ensure compliance with licensing and legal requirements.
• Contribute to licensing, prudential matters, and maintenance of core regulatory programs.
• Manage outside counsel to ensure timely and expert support on critical matters.
• Act as a trusted advisor and proactive business partner to senior management.

Requirements

• JD degree from an ABA-accredited law school and membership in at least one U.S. state bar or equivalent registered in-house counsel status.
• Minimum of 5 years of relevant experience at a leading law firm, in-house legal department, or U.S. agency focused on financial services regulation.
• Substantial experience advising on financial regulatory matters, with specific expertise in payments and money transmission preferred.
• Experience interacting with U.S. and Canadian regulators such as state financial departments, FDIC, OCC, Federal Reserve, Bank of Canada, and FINTRAC.
• Strong passion for technology and ability to quickly understand complex business models and product use cases.
• Entrepreneurial mindset; self-starter comfortable with ambiguity and fast-paced environments.
• Excellent project management skills and ability to work under tight deadlines.
• Sound judgment and decision-making capabilities with imperfect information.
• Excellent written and verbal communication and advocacy skills.

Preferred Qualifications

• Experience working with regulatory compliance programs and licensing commitments.
• Background in financial technology, payments, or financial services sectors.

Compensation & Benefits

• Annual base salary range: $178,200 - $267,200 (U.S. based roles).
• Salary range may vary based on experience, qualifications, and location.
• Additional benefits may include equity, company bonuses or commissions, 401(k) plan, medical, dental, vision benefits, and wellness stipends.

Location

• Open to applicants located in the U.S. and Canada.
• Remote work is supported for locations 35 miles or more from an office.
• Occasional office visits for meetings and events may be expected.
• Relocation costs to remote locations are not covered.
• Applicants are encouraged to apply for roles matching their current or planned location.