Product And Regulatory Counsel

Summary

Join Mercury, a financial technology company reinventing banking, as their Product and Regulatory Counsel. This role focuses on lending and credit risk but offers opportunities in other product areas. You will provide legal counsel on various financial products, collaborate with multiple teams, and translate complex legal concepts into clear narratives. The ideal candidate possesses extensive experience in fintech, banking, or payments, a proven ability to transform compliance challenges into product solutions, and exceptional communication skills. Mercury offers a competitive total rewards package including base salary, equity, and benefits.

Requirements

• 5+ years of legal experience in fintech, banking, lending, or payments (private practice, in-house, or with a government agency)
• A proven track record of transforming compliance challenges into product-centric solutions
• Exceptional communication skills—you’re flexible enough to engage with designers, engineers, executives, and external partners alike. You’re someone who’s been told in the past that you’re great at knowing your audience and tailoring content appropriately
• A proactive sense of ownership. You are never afraid to say “I don’t know, but I’ll find out.”
• Experience with state licensing regimes for credit products
• Familiarity with the legal requirements and regulatory expectations applicable to deposit and credit products, payments, and bank-fintech relationships (ECOA, FCRA, TILA, UCC 4A, Nacha rules, EFTA, BSA/AML, etc.), and a hunger to learn more

Responsibilities

• Transform regulations into opportunities: Provide thoughtful counsel on banking, payments, lending, and card programs, turning compliance boundaries into creative springboards for new ideas
• Collaborate across teams: Work closely with compliance, risk, engineering, customer support, and product to craft user-focused solutions for credit products, applying an appropriately balanced and risk-based level of regulatory rigor
• Be a storyteller: Translate dense legal concepts into straightforward, energizing narratives for product and business stakeholders as well as external audiences
• Stay curious and agile: Embrace each new regulation, market shift, or product pivot as a learning opportunity, channeling your inventive, collaborative way of thinking to help Mercury stay ahead
• Foster collective success: Approach problems with a mindset akin to playing Hanabi—where transparency, trust, and teamwork lead to the best outcomes

Preferred Qualifications

Experience building or scaling credit card programs

Benefits

• Base salary
• Equity (stock options)
• Benefits