[Remote] Commercial Counsel at Marqeta

United Kingdom

Marqeta Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Payments, Financial ServicesIndustries

Requirements

  • 3-5 years of experience practicing either in-house or at a reputable law firm, with at least 2 years working in or advising companies in the payments, fintech or financial services space
  • An eagerness to learn, a can-do attitude, and an interest (and ideally some experience working) in the payments industry
  • A solutions-oriented attorney who doesn’t rabbit-hole on theoretical risk but instead focuses on practical risk-based solutions to legal issues
  • Experience drafting and negotiating contracts for payments companies, fintech companies or financial institutions
  • An understanding of laws and regulations pertaining to financial services and technology (including Payment Services Directives; Anti-Money Laundering Directives; GDPR; Interchange Fee Regulations and EBA Guidelines)
  • A keen sense of ownership, and adaptability to a fast-changing environment
  • Sound judgment and ability to work both autonomously and collaboratively
  • Willingness and ability to support colleagues and initiatives across multiple time zones

Responsibilities

  • Work with Marqeta’s sales, partnership and procurement teams to support the sale and development of Marqeta’s products and services with a focus on Marqeta’s customers and partners in Europe, specifically negotiating strategic, complex and cross-border agreements with Marqeta’s customers and partners within Europe
  • Assist with resolving complex issues in strategic customer, bank and network partner, and vendor agreements in Europe
  • Support Marqeta’s expansion by partnering with cross-functional teams in sales, product, compliance, and finance to help sell Marqeta’s products and services in Europe
  • Work collaboratively across the Legal, Regulatory and Compliance team on cross-functional priorities and initiatives
  • Collaborate on the development of agreement templates and playbooks for the Commercial Legal Team to drive scale, and cross-functional efficiencies, and offer creative solutions where appropriate
  • Provide practical legal advice to the business and develop strong working relationships across the Company with cross-functional peers and other business stakeholders
  • Provide legal and business advice relating to Marqeta’s customer, bank and network partner, and vendor contracts in the EU and UK
  • Help improve Marqeta’s contracting processes and procedures in the region

Skills

Commercial Contracts
Contract Negotiation
Cross-Border Agreements
EU Law
UK Law
Vendor Agreements
Customer Agreements
Partnership Agreements
Legal Playbooks
Payment Services

Marqeta

Card issuing and payment processing solutions

About Marqeta

Marqeta provides modern card issuing and payment processing solutions in the fintech sector. Its platform allows businesses to create, issue, and manage payment cards tailored to their specific needs, such as expense management and consumer payments. The service operates through an open API, enabling clients to integrate Marqeta's capabilities into their own applications. This flexibility sets Marqeta apart from competitors, as it caters to a diverse range of clients, including financial institutions and tech companies. The company generates revenue primarily through transaction fees each time a card is used, along with potential setup and service fees. Marqeta's ability to quickly adapt to the growing demand for digital payments, especially during the COVID-19 pandemic, has contributed to its significant presence in the market.

Oakland, CaliforniaHeadquarters
2010Year Founded
$526.5MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Medical, dental, & vision coverage
Flexible time off
Paid family leave
Pet insurance
401k match
Equity
Monthly stipends
Company recognition & awards
Employee Stock Purchase Program

Risks

Class action lawsuit may harm Marqeta's reputation and investor confidence.
Increased regulatory scrutiny could raise compliance costs for Marqeta.
EWA platforms might disrupt Marqeta's traditional card issuing model.

Differentiation

Marqeta's open API platform allows for highly customizable payment solutions.
The company operates in 40 countries, offering a global card issuing platform.
Marqeta's cloud-based infrastructure enables instant access to scalable payment systems.

Upsides

Partnership with Slope taps into the growing Buy Now, Pay Later market.
Demand for flexible working capital solutions boosts Marqeta's embedded finance offerings.
Smarter AI models enhance Marqeta's payment processing capabilities.

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