legal
Posted 1 hour agoCounsel, Product & Regulatory
at Marqeta
United StatesRemote
Responsibilities
- Monitor and conduct analyses of new regulations in the payments/financial services space to assess their applicability to the payments/financial products Marqeta offers
- Work closely and collaboratively with Marqeta’s internal teams, sponsor banks and customers to enable launches of new products, features and campaigns
- Collaborate with and manage outside legal counsel
Requirements
- This requires strong business acumen and the ability to both work independently and with large multi-stakeholder teams.
- 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 the laws, rules and regulations related to banks and the participants in the payments ecosystem, including issuer processors and program managers
- A keen sense of ownership and the ability to independently and collaboratively drive complex projects to completion on tight timelines in a fast-moving, high-performing environment
- Excellent oral and written communication skills; ability to work on teams and independently; ability to drive accountability and influence outcomes
- The ability to challenge and be challenged both internally and with banks and customers in a constructive and respectful way
- Advanced problem solving skills, i.e., the ability to quickly digest a problem, evaluate various options/solutions and empower yourself and others to deliver
- JD degree and member in good standing of a State Bar Your Manager
- – Solve for the Customer: With a deep understanding of our customers' business and empathy for their needs, we deliver products and services that drive their success.
- – Make it Count: We drive forward with focus and agility. With a sense of urgency and purpose, we get the job done, and done right.
Experience
- Have high integrity and great judgment while working across the organization Who You Are 5+ years’
Benefits
- To help advance our vision of modern money movement, Marqeta is looking for a Counsel, Product and Regulatory who is enthusiastic about payments technology and its potential for positive impact in peoples’ lives.
- Virtual “Onsite” consisting of 4-5, 30 min video calls Offer! Compensation and Benefits
- Compensation is aligned according to three tiers within the United States:
- Premium : Slightly elevated from the National tier, and oriented toward a narrower set of higher cost-of-living areas, such as Los Angeles CA and Seattle WA
- Premium Plus : A tier for the most expensive working areas, like the San Francisco Bay area and New York City.
- When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position is:
- National: $188,800 - $236,000
- Premium: $204,600 - $255,800
- Premium Plus: $220,400 - $275,500
- We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.
- Along with monetary compensation, Marqeta offers
- Multiple health insurance options
- Flexible time off – take what you need
- 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
- Monthly stipend to support our remote work model
- Annual “development dollars” to support our people growth and development About Marqeta
Additional details
- You will help drive high-profile cross-functional initiatives across the business involving a variety of complex legal and regulatory issues, relating to managing risk for financial and payments products.
- We are looking for someone with sharp analytical and communication skills, who is diligent, organized, engaged, proactive, collaborative, and who has demonstrated excellent legal and business judgment and strategic thinking.
- You will report to our US Product & Regulatory lead counsel.
- We work Flexible First . This role can be performed remotely anywhere within the United States. We’d love for you to join us!
- Act as a trusted advisor with deep knowledge and expertise in the 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 provide legal advice to cross functional stakeholders (product, engineering, risk teams, go to market, etc.) in connection with maintaining integrity of the financial platform
- Be a team player and self-starter with drive and initiative
- A solid business focus with practical risk awareness and the ability to balance legal risk mitigation against key business objectives and risks
- Team player with a positive attitude and commitment to excellence