Regulatory Counsel

Who we are

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone’s reach while doing the most important work of your career.

About the team

The North America Regulatory Legal team is a team of regulatory specialists within Stripe’s Legal function responsible for providing strategic and practical financial regulatory advice to enable Stripe’s mission of helping businesses to grow and thrive. We work on some of the hardest regulatory problems around, and are looking for a seasoned counsel with experience advising on U.S. payments, money transmission, and banking laws to join our team. In this role, you will be a key advisor on those topics to our compliance, policy, product, engineering, finance, and partnerships teams, as well as fellow legal counsel, including in the context of supporting new product development, engaging with Stripe’s regulators, and shaping Stripe’s positions on regulatory developments. As part of our team, you will have a unique opportunity to daily explore the intersection of technology and regulation, shape the development of new financial technologies, and manage Stripe’s regulatory posture in the United States.

What you’ll do

The ideal candidate is passionate about Stripe’s mission; thrives on solving complex legal, technology, and business issues; is interested in building for the future rather than just answering the questions asked; and is comfortable advising on challenging regulatory structures in the face of ambiguity and imperfect information. We’re also looking for someone who is a team player and willing to jump in on tasks of any size. Experience in financial technology, payments, and financial services will help you be successful in this role.

Responsibilities

• Provide regulatory advice and support to Stripe’s compliance, policy, product, engineering, finance, and partnerships teams on issues related to payments, money transmission, lending, and banking laws
• Actively collaborate with a wide variety of teams at Stripe, including product, engineering, partnerships, compliance, finance, and marketing, on a range of issues related to market expansion, regulatory compliance, and product development
• Conduct legal research into high value regulatory topics, identifying and evaluating business and legal risks, and finding creative ways to mitigate them while achieving business goals
• Stay up-to-date on U.S. financial regulations to provide proactive guidance on regulatory trends, risks, and opportunities
• Partner with Stripe’s Policy team to promote a regulatory environment that supports responsible financial innovation
• Represent Stripe before state and federal agencies, examiners, banking partners, and other external audiences
• Draft and advise on policies, procedures, processes, systems, governance, and internal controls for a regulatory compliance program, to ensure licensing commitments and legal conditions are met
• Contribute to licensing and prudential matters and the maintenance of Stripe’s core regulatory programs
• Manage outside counsel to ensure timely and knowledgeable support of critical matters
• Participate as a proactive business partner to senior managers and build a trusted advisor relationship

Who you are

We’re looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements

• A JD degree from an ABA-accredited university and membership in at least one U.S. state bar (or equivalent registered in-house counsel in jurisdiction of location 
• A minimum of 5 years combined relevant experience at a leading law firm, in-house legal department, or U.S. agency focusing on financial services regulation
• Substantial experience advising clients on financial regulatory matters—specific payments and money transmission experience is particularly advantageous
• Substantial experience interacting with U.S. regulators, such as the New York Department of Financial Services, the California Department of Financial Protection and Innovation, and other U.S. state banking agencies; the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and other U.S. federal financial regulatory agencies; and the Bank of Canada and FINTRAC. 
• A passion for technology and ability to quickly understand complex business models and product use cases
• An entrepreneurial spirit–a self-starter who thrives in a fast-paced environment, deals well with ambiguity and focuses on driving impact
• Strong project management skills, capable of working under tight deadlines with high levels of resilience
• Excellent judgment and capable of making smart decisions with imperfect information.
• Excellent written and verbal communication and advocacy skills