Counsel, Product & Regulatory

About the Role

Marqeta is seeking a Counsel, Product & Regulatory to advance our vision of modern money movement. This role is ideal for someone enthusiastic about payments technology and its potential for positive impact. You will drive high-profile, cross-functional initiatives involving complex legal and regulatory issues related to managing risk for financial and payments products. Strong business acumen, the ability to work independently and with large multi-stakeholder teams, sharp analytical and communication skills, diligence, organization, proactivity, collaboration, and excellent legal and business judgment are essential. You will report to the Assistant General Counsel overseeing product and regulatory matters.

This role operates under a Flexible First model and can be performed remotely anywhere within the United States.

The Impact You’ll Have

• 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, FCRA, TILA/Regulation Z, and card network rules.
• Monitor and analyze new regulations in the payments/financial services space to assess their applicability to our products and help build and enhance our regulation change management process.
• Advise on payment laws, financial services regulations, consumer protection, and enforcement actions for existing products and new features, including development, launch, and maintenance of card products, advertising and marketing compliance, disputes processing, account servicing, and disclosure requirements.
• 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 the integrity of the financial platform.
• Lead cross-functional efforts to develop an approach for engagement with regulators, bank partners, and customers for key financial regulatory areas impacting our products.
• Collaborate with and manage outside legal counsel.
• Be a team player and self-starter with drive and initiative.
• Demonstrate high integrity and great judgment while working across the organization.

Who You Are

• Experience: 3 to 5 years of practicing experience in-house in fintech or banking, or at a reputable law firm, with a focus on the prepaid, debit, and/or credit card space.
• Industry Knowledge: Deep understanding of the payments industry and card space, including the laws, rules, and regulations related to banks and participants in the payments ecosystem, such as issuer processors and program managers.
• Project Management: A keen sense of ownership and the ability to independently drive complex projects to completion on tight timelines in a fast-moving, high-performing environment.
• Business Acumen: A solid business focus with practical risk awareness and the ability to balance legal risk mitigation against key business objectives and risks.
• Communication & Collaboration: Excellent oral and written communication skills; ability to work on teams and independently; ability to drive accountability and influence outcomes.
• Problem Solving: Advanced problem-solving skills, with the ability to quickly digest a problem, evaluate various options/solutions, and empower yourself and others to deliver.
• Teamwork: A team player with a positive attitude and commitment to excellence.
• Qualifications: JD degree and membership in good standing of a State Bar.

Typical Process

• Application submission
• Recruiter video call
• Hiring manager video call
• Virtual “Onsite” consisting of 4-5, 45-minute calls
• Offer!

Compensation and Benefits

Marqeta is a Flex First company, allowing you to choose your best working environment, whether that be from home or at a company office.