Senior Counsel, Product and Regulatory - EU/UK

To help advance our vision of modern money movement, Marqeta is looking for a Senior Counsel, EU/UK Product & 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 in the EU/UK and internationally. You will also provide legal advice and support for our international expansion efforts. 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 Assistant General Counsel overseeing international product and regulatory.

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

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 and work in close partnership with cross-functional and geographically diverse teams supporting 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’ll be deeply engaged to help us scale globally.

Who You Are

• Serve as the lead attorney for strategic, complex and cross-border arrangements with Marqeta’s customers and partners within UK/Europe
• Provide timely, concise and business-focused legal advice on payments law impacting Marqeta’s relationships in UK/Europe and other regions
• Partner with legal and business stakeholders to help automate, scale and continuously improve standard form agreements and legal processes
• Have 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
• 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 
• Have high integrity and great judgment while working across the organisation

Key Skills and Competencies

• 5-10 years’ experience practising 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
• A 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 and EBA Guidelines)
• A 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-moving, high-performing environment
• Sound judgment and the ability to work both autonomously and collaboratively
• Amenable and ready to support colleagues and projects across multiple time zones
• 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
• LLB degree and member in good standing of a the local bar (or equivalent in your jurisdiction)

Hiring Manager

• Sean Yang

Recruiter For This Role

• Louise Devlin

Compensation and Benefits

• Premium Private Medical and Dental coverage
• Generous time off program with additional “Floating Holiday days”
• Retirement savings program with company contribution
• Equity in a publicly-traded company and an Employee Stock Purchase Program
• Monthly stipend to support our remote work model
• Annual development stipend to support our people growth and development
• Family-forming benefits and up to 20 weeks of Parental Leave
• Wellbeing programs i.e. Modern Health, HealthKick and much more…