To help advance our vision of modern money movement, Marqeta is looking for a Senior Counsel, Product and Regulatory who is enthusiastic about payments technology and its potential for positive impact in peoples’ lives. You will help drive high-profile cross-functional initiatives across the business involving a variety of complex legal and regulatory issues, relating to managing risk for financial and payments products. This requires strong business acumen and the ability to both work independently and with large multi-stakeholder teams. We are looking for someone with sharp analytical and communication skills, who is diligent, organized, engaged, proactive, collaborative, and who has demonstrated excellent legal and business judgment and strategic thinking. You will report to the Deputy General Counsel overseeing product, regulatory and privacy legal.

We work Flexible First. This role can be performed remotely anywhere within the United States. We’d love for you to join us!

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, TILA/Regulation Z, and card network rules
Provide legal advice on payment laws, financial services regulations, consumer protection, and enforcement actions for existing products and new features
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 integrity of the financial platform
Monitor and conduct analyses of new regulations in the payments/financial services space to assess their applicability to the payments/financial products
Collaborate with and manage outside legal counsel
Be a team player and self-starter with drive and initiative
Have high integrity and great judgment while working across the organization

Who You Are

5-8+ 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
Deep understanding of the payments industry, including the laws, rules and regulations related to banks and the participants in the payments ecosystem, including issuer processors and program managers
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
A solid business focus with practical risk awareness and the ability to balance legal risk mitigation against key business objectives and risks
Excellent oral and written communication skills; ability to work on teams and independently; ability to drive accountability and influence outcomes
The ability to challenge and be challenged both internally and with clients in a constructive and respectful way
Advanced problem solving skills, i.e., the ability to quickly digest a problem, evaluate various options/solutions and empower yourself and others to deliver
Team player with a positive attitude and commitment to excellence
JD degree and member in good standing of a State Bar

Your Manager

Feather Foxworthy, VP, Deputy General Counsel

Typical Process

Application submission
Recruiter video call
Hiring manager video call
Take-home exercise
Virtual “Onsite” consisting of 4-5, 30 min video calls
Offer!

Compensation and Benefits

Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. Compensation is aligned according to three tiers within the United States:

National: A baseline tier that applies to most of the geographic territory of the United States.
Premium: Slightly elevated from the National tier, and oriented toward a narrower set of higher cost-of-living areas, such as Los Angeles CA and Seattle WA
Premium Plus: A tier for the most expensive working areas, like the San Francisco Bay area and New York City.

Visit this page or consult with a Recruiter to determine which tier would be applicable to you.

When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position is:

National: $190,600 - 238,300
Premium: $206,300 - $257,900
Premium Plus: $224,200 - $280,300

We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.

Along with monetary compensation, Marqeta offers

Multiple health insurance options
Flexible time off – take what you need
Retirement savings program with company contribution and after tax contributions
Equity in a publicly-traded company and an Employee Stock Purchase Program
Family-forming benefits, fertility support, and up to 20 weeks of Parental Leave
Free therapy sessions, financial and professional coaching, and legal advice
Monthly stipend to support our remote work model
Annual “development dollars” to support our people growth and development