US 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 legal counsel responsible for providing strategic guidance on Stripe’s financial regulatory obligations in the United States and Canada. As a member of the team, you will tackle a diverse range of cutting-edge financial regulatory challenges on a daily basis. You will have the chance to influence new product development, interact with regulatory authorities shaping our industry, and help define Stripe’s policy positions. Join our team and play a crucial role in building the regulatory architecture that enables Stripe to offer innovative financial solutions around the world.

What you’ll do

We are seeking an experienced legal counsel with a passion for global payments and untangling regulatory issues at the intersection of technology and financial services. In this role, you’ll be a trusted advisor to our business, legal, policy, and compliance partners on US payments and money transmission laws. You’ll also engage regulators and policymakers on these issues to enable Stripe’s mission of helping businesses to grow and thrive. You will have the opportunity in this role to contribute more broadly to other regulatory matters as well. This is a full-time role that can be remote and will report to the Head of North America Regulatory Legal.

Responsibilities

•  Provide legal advice and support to teams on US payments and money transmission laws

• Counsel Product Legal and Compliance teams on regulatory requirements for US products to enable compliant product development and expansion 

• Contribute to licensing and prudential matters and the maintenance of core regulatory programs 

• Provide transactional support, including advising on contractual provisions pertaining to payments and money transmission laws across Stripe’s various products

• Support business and functional teams in addressing regulatory issues relating to Stripe’s customers

• Represent Stripe in regulatory interactions, including responding to regulatory inquiries and participating in regulatory examinations

• Monitor developments in US financial regulations to provide proactive guidance on regulatory trends, risks, and opportunities

• Advise on advocacy in connection with contemplated and proposed laws, rules, and regulations

• Collaborate with business and legal teams across Stripe to address regulatory issues efficiently

• Identify and evaluate business and legal risks, and find creative ways to mitigate them while achieving business goals

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

• J.D. from an accredited law school and admission to the bar in at least one state

• Minimum of 5 years of experience providing financial services regulatory guidance at a leading law firm, in-house legal department, or US agency focusing on financial services regulation

• Extensive experience advising clients on financial regulatory matters, with preference for prior payments and money transmission experience 

• Substantial experience interacting with US regulators, such as OCC, FDIC, CFPB, FinCEN, New York Department of Financial Services, or California Department of Financial Protection and Innovation 

• Excellent skills in issue spotting, risk assessment, and problem-solving

• Strong strategic thinking capabilities to enable business partners to make decisions that are grounded in a practical application of the law, technology, and business goals

• Excellent written and verbal communication skills

• Integrity and sound judgment

Preferred qualifications

• Strong understanding of US payments and money transmission laws

• Prior experience in payments, fintech, banking, or securities industries and familiarity with associated regulatory issues

• Skilled in drafting policies and guidance documents, and developing scalable processes

• Ability to provide difficult and complex legal advice in a clear and convincing manner to various stakeholders, including senior management

• Capable of multitasking and working effectively and independently under pressure

• Able to make sound decisions in the face of ambiguity and imperfect information

• Strong interpersonal skills and the ability to build consensus across myriad groups

• A collaborative team player who is willing to pitch in wherever needed in a dynamic, rapidly growing company