Product and Regulatory Counsel

19 Hours ago • 5 Years + • $167,800 PA - $209,700 PA

Job Summary

Job Description

As a Product and Regulatory Counsel at Mercury, you will be a business partner and legal advisor, providing counsel on banking and payments products. You will collaborate with various teams to create user-focused solutions, applying regulatory rigor. You'll translate legal concepts, stay agile, and foster collective success. The role involves transforming compliance challenges into product-centric solutions with a proactive sense of ownership and great communication skills. You will be responsible for the legal requirements and regulatory expectations applicable to deposit products, payments, and bank-fintech relationships.
Must have:
  • 5+ years of experience as a lawyer in fintech, banking, or payments
  • A proven track record of transforming compliance challenges into product-centric solutions
  • Exceptional communication skills to engage with various stakeholders
  • A proactive sense of ownership and willingness to learn
  • Familiarity with legal and regulatory requirements

Job Details

“The future belongs to those who see possibilities before they become obvious.” 

– John Sculley

At Mercury, we’re shaping the future of banking* — creating intuitive, secure, and adaptable experiences that empower businesses and individuals. We are seeking a skilled product and regulatory counsel with a proactive approach to problem-solving and to cross-functional partnerships. This role will have the opportunity to work on a range of products and services across business banking and payments and to flex into support for Mercury’s talented financial crimes compliance teams.

Who we are

Since 2019, Mercury has been on a mission to reinvent banking for the modern age. We blend elegant design, cutting-edge technology, and collaborative partnerships to offer checking and savings accounts, debit cards, payment services, cash management tools, and sophisticated analytics. Everything we build reflects our belief that finance should be thoughtfully crafted, fast, transparent, and frictionless.

About the team

Our Product and Regulatory Legal team is embedded in the product life cycle from initial ideation to final rollout and the iterations that follow. We don’t focus on pointing out what can’t be done; we help shape what can be done, guiding Mercury’s product roadmap and regulatory strategy in a way that balances legal obligations with an outstanding user experience and responsible growth goals. By partnering with product managers, designers, engineers, compliance experts, government relations colleagues, and bank-partner counterparts, we turn legal complexities into actionable insights.

What you’ll do

  • 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.

What you should have

  • 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. 

* Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Column N.A., and Evolve Bank & Trust, Members FDIC.

The total rewards package at Mercury includes base salary, equity (stock options), and benefits.

Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.

Our target new hire base salary ranges for this role are the following:

  • US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $186,400 - $209,700 USD
  • US employees outside of New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $167,800 - $188,700 USD

We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound on January 22, 2024. Please see the independent bias audit report covering our use of Covey here.

#LI-EG1

Similar Jobs

gyb games - Product Specialist (HyperCasual)

gyb games

İstanbul, İstanbul, Türkiye (On-Site)
1 Day ago
Netflix - Manager, Revenue Analytics

Netflix

Los Gatos, California, United States (On-Site)
2 Weeks ago
Coursera - Account Director - Singapore

Coursera

Singapore (Hybrid)
1 Month ago
Cyara - Marketing Operations Manager

Cyara

Hyderabad, Telangana, India (Hybrid)
1 Month ago
GoMotive - Engineering Manager, Full Stack (MarTech)

GoMotive

(Remote)
1 Day ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Boomi - Software Engineering Manager

Boomi

Bengaluru, Karnataka, India (On-Site)
1 Day ago
Sourcegraph - Partner Solutions Engineer [IC3]

Sourcegraph

San Francisco, California, United States (Hybrid)
9 Hours ago
Brillio - Client Partner - Retail - R01542654

Brillio

Bengaluru, Karnataka, India (Hybrid)
6 Months ago
Adobe - Machine Learning Applied Researcher

Adobe

Bucharest, Bucharest, Romania (On-Site)
1 Day ago
Next Level Business Services - SAP Utilities Lead

Next Level Business Services

Orange, Connecticut, United States (On-Site)
6 Months ago
THE GAME - Social Creative Lifestyle

THE GAME

London, England, United Kingdom (Hybrid)
1 Month ago
Remedy Entertainment Plc - Principal Gameplay Designer

Remedy Entertainment Plc

Helsinki, Uusimaa, Finland (On-Site)
2 Weeks ago
Google - Software Engineer II, ChromeOS

Google

Taipei City, Taiwan (On-Site)
2 Weeks ago
Google - Application Engineer, Supply Chain Systems

Google

Sunnyvale, California, United States (On-Site)
2 Days ago

Get notifed when new similar jobs are uploaded

Jobs in San Francisco, California, United States

Mobility ware - Lead Data Analyst

Mobility ware

Irvine, California, United States (Hybrid)
1 Day ago
Meetelise - Staff Software Engineer (San Francisco)

Meetelise

San Francisco, California, United States (Hybrid)
6 Months ago
NVIDIA - HPC Operations Manager - Hardware Engineering

NVIDIA

Austin, Texas, United States (On-Site)
2 Months ago
Postman - Head of Program Management, Revenue Operations

Postman

San Francisco, California, United States (On-Site)
1 Day ago
Scientific Games  - CRM Manager

Scientific Games

Alpharetta, Georgia, United States (On-Site)
2 Weeks ago
Google - Strategy and Operations Senior Associate, Research and Core

Google

Mountain View, California, United States (On-Site)
1 Week ago
Netflix - Manager, Sustainability Creative

Netflix

Los Angeles, California, United States (Hybrid)
2 Weeks ago
Epic Games - Release Manager

Epic Games

Cary, North Carolina, United States (On-Site)
7 Months ago
Google - Senior Product Manager, Technical Infrastructure Storage

Google

New York, New York, United States (On-Site)
3 Days ago
Netflix - Financial Analyst, Residuals

Netflix

Los Angeles, California, United States (On-Site)
2 Weeks ago

Get notifed when new similar jobs are uploaded

Similar Category Jobs

Looks like we're out of matches

Set up an alert and we'll send you similar jobs the moment they appear!

About The Company

Mercury is the fintech ambitious companies use for banking* and all their financial workflows. With a powerful bank account at the center of their operations, companies can make better financial decisions and ensure that every dollar spent aligns with company priorities. That's why over 200K startups choose Mercury to confidently run all their financial operations with the precision, control, and focus they need to operate at their best. To learn more, visit Mercury.com.


*Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust, Members FDIC.

San Francisco, California, United States (On-Site)

San Francisco, California, United States (On-Site)

San Francisco, California, United States (On-Site)

San Francisco, California, United States (On-Site)

San Francisco, California, United States (On-Site)

San Francisco, California, United States (On-Site)

Melbourne, Victoria, Australia (On-Site)

Dublin, County Dublin, Ireland (On-Site)

View All Jobs

Get notified when new jobs are added by Mercury

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug