Counsel, Product and Regulatory

Position Overview

• Location Type: Remote (within United States)
• Job Type: Full-time
• Salary: Not specified

Marqeta is seeking a Counsel, Product & Regulatory to join their mission of changing the way money moves. This role involves advising on legal and regulatory issues related to financial and payments products, managing risk, and driving cross-functional initiatives. The ideal candidate will have strong business acumen, analytical and communication skills, and a proactive, collaborative approach.

The Impact You'll Have

• Act as a trusted advisor on rules, laws, and regulations for prepaid, debit, and credit card products (e.g., EFTA/Regulation E, Durbin/Regulation II, FCRA, TILA/Regulation Z, card network rules).
• Monitor and analyze new regulations in the payments/financial services space, assessing their applicability and enhancing the regulation change management process.
• Advise on payment laws, financial services regulations, consumer protection, and enforcement actions for existing and new products, including development, launch, maintenance, advertising, disputes, account servicing, and disclosures.
• Assess legal risks, recommend mitigation strategies, and provide legal advice to product, engineering, risk, and go-to-market teams.
• Lead cross-functional efforts for engagement with regulators, bank partners, and customers on key financial regulatory areas.
• 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.

Requirements

• 3 to 5 years of legal experience, either in-house at a fintech or banking company, or at a reputable law firm.
• Focus on the prepaid, debit, and/or credit card space.
• Deep understanding of the payments industry and card space, including relevant laws, rules, and regulations for banks and payment ecosystem participants (issuer processors, program managers).
• Keen sense of ownership and ability to independently drive complex projects to completion under tight deadlines in a fast-paced environment.
• Solid business focus with practical risk awareness and the ability to balance legal risk mitigation with business objectives.
• Excellent oral and written communication skills.
• Ability to work effectively in teams and independently.
• Ability to drive accountability.

Company Information

Marqeta is a leading enabler of embedded finance, powering the payment operations for well-known brands like Block, Cash App, Affirm, Instacart, Doordash, Uber, and Walmart. Their card issuing platform offers flexibility and control for companies to issue cards, authorize transactions, and manage payments in real-time. Marqeta is committed to unlocking equitable financial access for all and operates on a "Flexible First" model, allowing for remote work.