Product And Regulatory Counsel

Summary

Join Mercury, a fintech company reinventing banking, as a Product and Regulatory Counsel. This role involves providing legal counsel on business banking and payments products, collaborating with cross-functional teams, and translating complex legal concepts into clear narratives. You will work on a range of products and services, supporting Mercury's financial crimes compliance teams. The ideal candidate possesses 5+ years of experience in fintech, banking, payments, or financial crimes compliance, exceptional communication skills, and a proactive approach to problem-solving. Mercury offers a competitive total rewards package including base salary, equity, and benefits.

Requirements

• 5+ years of experience as a lawyer in some combination of fintech, banking, payments, or financial crimes compliance (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.”
• Familiarity with the legal requirements and regulatory expectations applicable to deposit products, payments, and bank-fintech relationships (funds availability requirements, deposit insurance and sweep network programs, TPRM guidance, BSA/AML, sanctions, Nacha Rules, money transmission laws, etc.), and a hunger to learn more

Responsibilities

• Perform as both a business partner and legal advisor: Provide thoughtful counsel on business banking and payments products, helping teams understand existing regulatory frameworks while also looking around corners to drive innovation and adaptability
• Collaborate across teams: Work closely with compliance, risk, engineering, customer support, and product to craft user-focused solutions for business banking and payments 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

Benefits

• Base salary
• Equity (stock options)
• Benefits