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Product Counsel- Financial Connections

4 months ago

Remote, Oregon, United States Stripe Full time

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

Stripe's Product Legal team is responsible for managing the legal and regulatory elements of the design, build and execution of our many products and services. We work on some of the most difficult technical, commercial, and regulatory problems around, and we're looking for a product lawyer to join the team. In this role you will be a key advisor and voice for our Stripe Financial Connections Product - Stripe's open banking product. Financial Connections enables merchants to verify consumer bank accounts for payments' compliance and to mitigate fraud, reduce risk with bank data, and build new fintech products with the consumers' permission. Financial Connections allows consumers to securely share their financial data with Stripe merchants. In this role, you will work on a diverse set of issues involving partnership commercial issues, data protection and privacy, emerging consumer legal and regulatory regimes, product development, and innovative technology.

What you'll do

We're looking for someone who is a team player and willing to jump in on tasks of any size. Broad experience in financial technology, data protection and privacy, partnership commercial issues and experience with developer platforms and internet tech is a huge plus.

Responsibilities

  • Counsel the global product team on a range of issues including data protection and privacy law, product development, financial services regulatory issues, and marketing as it relates to the Stripe Financial Connections product
  • Closely collaborate with teams across Stripe (including, engineering, partnerships, privacy and security teams) to deliver pragmatic and actionable legal advice to your clients on a range of issues related to the product development lifecycle - from initial scoping to launch
  • Draft, review, and update internal and external-facing foundational terms and documents for the Stripe Financial Connections product and service offerings
  • Stay up-to-date (with the support of Stripe's many legal subject matter experts) on laws and regulations dealing with consumer financial data access; analyze laws, regulatory updates, industry trends to proactively advise clients of potential product impacts
  • Participate as a proactive business partner to your product team and build a trusted advisor relationship offering key legal and strategic business input in evolving Stripe and the Financial Connections product roadmap and strategy
  • Develop deep subject matter expertise of the Financial Connections product and serve as a legal team member point of contact for escalations and questions related to Financial Connections

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

  • 7+ years of demonstrated experience either as a qualified lawyer in a top law firm or in-house legal team working with technology companies on the legal and regulatory aspects of product development in the technology space
  • Proficiency in, and passion for, working with technology and ability to understand complex operational and business models as well as multiple product use cases quickly
  • A self-starter and self-learner who thrives in a fast-paced environment, managing multiple work streams and priorities simultaneously and efficiently
  • Someone with an ownership mentality that deals well with ambiguity, prides themselves on having excellent judgment and making decisions with limited information
  • Strong communication and relational skills and can work well cross-functionally with a sense of urgency, while remaining highly collaborative and fun
  • Excellent project management and organizational skills to stay on top of shifting priorities and thrives working under tight deadlines