Product and Regulatory Counsel

What you'll do

You will help us grow, globally scale, and continuously improve our commercial card product, banking offerings, and adjacent payments product offerings. You’ll be a subject matter expert on card and financial regulations, providing strategic advice on risk and regulatory ambiguity. You’ll collaborate directly with stakeholders (including product, engineering, marketing, sales, and partnerships) to find creative solutions to business issues.

Responsibilities

• Provide pragmatic, actionable advice on requirements and best practices for existing and new card and banking products and features
• Advise a variety of cross-functional stakeholders on critical regulatory questions
• Track and analyze financial US and international laws and regulations and help Brex stay ahead of trends
• Advise on product and marketing collateral, customer communications, and disclosures
• Draft, update, and maintain customer agreements, terms, and disclosures for card and banking related products
• Provide strategic guidance on product structuring and implementation

Requirements

• 4+ years working experience in a combination of law firms and fintech companies, ideally interacting with bank partners, financial regulators, and card networks
• Familiarity with federal, state, and international laws and regulations that can apply to fintech companies, such as UDAP, anti-money laundering law, CARD Act, ACH rules, money transmission regulations
• Excellent written and verbal communication skills, both internal (memos, guides, presentations) and external (disclosures, regulator communications)
• Ownership mentality and comfort working on complex matters that require sound judgment
• Entrepreneurial mindset and ability to work in a fast-paced environment
• Law degree and admitted to practice in at least one jurisdiction
• Willingness to be a team player who pitches in to help out on other products and topics; one of our key tenets is “One Brex”

Bonus Points

• Prior in-house counsel experience at a scaling fintech or payments company
• Experience interacting directly with regulatory agencies

Compensation

The expected salary range for this role is $220,000-$270,000 USD. However, the starting base pay will depend on a number of factors, including the candidate’s location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.