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Posted May 01, 2024

Product Counsel

Stripe
TELECOMMUTE Remote Full Time

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 our products and services. We work on some of the hardest technical, commercial, and regulatory problems around. In this role, you will be a key advisor to the Stripe teams who scope, build, and deliver Stripe products and services to our users. You will work on a diverse set of matters that straddle financial services, business, and technology.

What you’ll do

The ideal candidate is passionate about Stripe’s mission of helping businesses grow and thrives in solving complex legal, technology, and business issues in collaboration with others. We’re looking for someone who is a team player and willing to jump in on tasks of any size. Experience in financial technology, payments, and/or financial services is helpful, but not required, for you to be successful in this role.

Responsibilities

Counsel global Stripe teams operating at the intersection of technological innovation, e-commerce user experiences, and financial services compliance on a range of issues, including payments regulations (including for money transmission or stored value), bank and payment method scheme rules, consumer protection, marketing, intellectual property, and data privacy

Stay up-to-date, with the support of Stripe’s legal subject matter experts, on U.S. and international laws and regulations dealing the aforementioned issues

Actively collaborate with a wide variety of Stripe teams (Compliance, Engineering, Partnerships, and Product) on a range of issues related to product development and commercialization, including advising on new and emerging legal and regulatory developments impacting products.

Draft and negotiate agreements, including strategic transactions that need to practically address legal, business, operational, and technical requirements

Work closely with colleagues across Stripe’s global legal team to support Stripe's regulatory structure, its customer agreements, and strategic financial partnerships

Help scope and build scalable and effective processes for legal review and launch of new products, industry verticals, and jurisdictions

Participate as a proactive and strategic business partner to senior managers and be a trusted advisor

Embrace learning and moving fast to help Stripe navigate a complex and heavily regulated payments environment

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

Minimum of 4+ years of experience as a qualified lawyer in a top law firm, in-house legal team, and/or government agency, preferably familiar with counseling teams that solve issues through technology by translating complex legal requirements into clear and actionable advice that helps the business move forward

Strong communication skills (both written and verbal)

Excellent project management skills and ability to work under tight deadlines

Preferred qualifications

A passion for technology and ability to understand complex business models and product use cases quickly

An entrepreneurial spirit—a self-starter who thrives in a fast paced environment, deals well with ambiguity, and focuses on driving impact

Excellent judgment and is capable of making smart decisions with imperfect information

Team-oriented and low-ego mindset with a proven track record for working well across cross-functional teams

Hybrid work at Stripe

This role is available either in an office or a remote location (typically, 35+ miles or 56+ km from a Stripe office).

Office-assigned Stripes spend at least 50% of the time in a given month in their local office or with users. This hits a balance between bringing people together for in-person collaboration and learning from each other, while supporting flexibility about how to do this in a way that makes sense for individuals and their teams.

A remote location, in most cases, is defined as being 35 miles (56 kilometers) or more from one of our offices. While you would be welcome to come into the office for team/business meetings, on-sites, meet-ups, and events, our expectation is you would regularly work from home rather than a Stripe office. Stripe does not cover the cost of relocating to a remote location. We encourage you to apply for roles that match the location where you currently or plan to live.

Pay and benefits

The annual US base salary range for this role is $191,200 - $286,800. For sales roles, the range provided is the role’s On Target Earnings ("OTE") range, meaning that the range includes both the sales commissions/sales bonuses target and annual base salary for the role. This salary range may be inclusive of several career levels at Stripe and will be narrowed during the interview process based on a number of factors, including the candidate’s experience, qualifications, and location. Applicants interested in this role and who are not located in the US may request the annual salary range for their location during the interview process.

Additional benefits for this role may include: equity, company bonus or sales commissions/bonuses; 401(k) plan; medical, dental, and vision benefits; and wellness stipends.

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