Senior Counsel, EU/UK Product & Regulatory

Employment Type: [Not specified] Location Type: Remote within the UK Salary: [Not specified]

Position Overview

Marqeta is seeking a Senior Counsel, EU/UK Product & Regulatory to advance its vision of modern money movement. This role is ideal for an individual enthusiastic about payments technology and its potential 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 in the EU/UK and internationally. You will also provide legal advice and support for international expansion efforts, requiring strong business acumen, the ability to work independently, and collaborate with multi-stakeholder teams. We are looking for someone with sharp analytical and communication skills, who is diligent, organized, engaged, proactive, collaborative, and demonstrates excellent legal and business judgment and strategic thinking. This position reports to the Assistant General Counsel overseeing international product and regulatory.

Marqeta operates on a "Flexible First" model, and this role can be performed remotely within the UK.

The Impact You'll Have

This Senior Counsel position will be a critical legal role located in the UK. You will have a broad range of responsibilities, working in close partnership with cross-functional and geographically diverse teams to support the development and delivery of Marqeta’s payment products and services. As we advance our vision of modern money movement, we seek a subject matter expert, regulatory lawyer who will be deeply engaged to help us scale globally.

Responsibilities

• Serve as the lead attorney for strategic, complex, and cross-border arrangements with Marqeta’s customers and partners within the UK/Europe.
• Provide timely, concise, and business-focused legal advice on payments law impacting Marqeta’s relationships in the UK/Europe and other regions.
• Partner with legal and business stakeholders to help automate, scale, and continuously improve standard form agreements and legal processes.
• Provide legal advice on payment laws, financial services regulations, data privacy, consumer protection, and enforcement actions for existing products and new features in covered jurisdictions.
• Assess legal risks, recommend mitigation strategies, and provide legal advice to cross-functional stakeholders (product, engineering, risk, go-to-market, etc.) in connection with maintaining the integrity of the financial platform.
• 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.

Key Skills and Competencies

• 5-10 years of experience practicing either in-house or at a reputable law firm, with at least 3 years working in or advising companies in the payments, fintech, or financial services space.
• Proven high-calibre, solution-oriented, and proactive attorney with experience in the payments space, including experience with prepaid, debit, and credit card products in the UK and EEA.
• Understanding of laws and regulations pertaining to financial services and technology, including:
  • Payment Services Directives
  • Anti-Money Laundering Directives
  • GDPR
  • Interchange Fee Regulations
  • EBA Guidelines
• Solid business focus with practical risk awareness and the ability to balance legal risk mitigation against key business objectives and risks.
• Experience drafting and negotiating contracts for payments companies or financial institutions.
• Familiarity with rules for card networks and other payment clearing systems.
• Understanding of payments technology (e.g., APIs, tokenization, digital wallets, crypto).
• A keen sense of ownership and the ability to independently drive complex projects to completion on tight timelines in a fast-paced environment.
• Deep and practical knowledge and expertise in international laws, rules, and regulations related to prepaid and debit products in various jurisdictions, focusing on the UK and the EEA.

Company Information

Marqeta is focused on advancing its vision of modern money movement.