Counsel, Product and Regulatory

Position Overview

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

Job Summary: Marqeta is seeking a Counsel, Product & Regulatory to drive high-profile cross-functional initiatives involving complex legal and regulatory issues related to risk management for financial and payments products. This role requires strong business acumen, independent work capabilities, and collaboration skills. You will report to the Assistant General Counsel overseeing product and regulatory matters. This position offers a flexible work environment.

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 conduct analyses of new regulations in the payments/financial services space to assess their applicability to Marqeta’s products and enhance the regulation change management process.
• Advise on payment laws, financial services regulations, consumer protection, and enforcement actions for existing products and new features, including the development, launch, and maintenance of card products.
• Assess legal risks, recommend mitigation strategies, and provide legal advice to cross-functional stakeholders (product, engineering, risk teams, go-to-market, etc.) regarding 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.
• Collaborate with and manage outside legal counsel.
• Be a team player and self-starter with drive and initiative.
• Maintain high integrity and excellent judgment while working across the organization.

Requirements

• Experience: 3 to 5 years’ 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.
• Knowledge: Deep understanding of the payments industry and card space, including the laws, rules, and regulations related to banks and the participants in the payments ecosystem (issuer processors, program managers, etc.).
• Skills: Strong analytical and communication skills, diligent, organized, engaged, proactive, collaborative, and demonstrated excellent legal and business judgment and strategic thinking.

Application Instructions

• Not specified. (Please refer to Marqeta's career website for application instructions.)

Company Information

• Company: Marqeta
• Vision: Modern money movement.
• Work Style: Flexible First