Product Counsel, Stripe
Revenue and Financial Automation
$202.5-303.8k
More information about location
A financial infrastructure platform for businesses
Job no longer available
A financial infrastructure platform for businesses
1001+ employees
Job no longer available
$202.5-303.8k
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- We’re looking for someone who is a team player and willing to jump in on tasks of any size. Broad experience in technology, data protection and privacy, partnership commercial issues and experience with developer platforms is a huge plus
- 7+ years of demonstrated experience either as a qualified lawyer in a top law firm or in-house legal team working with technology companies (ideally the law that applies to cloud-based API service providers) 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
- A background in technology law, excellent written and verbal communication skills
- Strategic thinking to enable business partners to make decisions that are grounded in a practical application of the law, the technology, and the business goals
What the job involves
- Stripe’s Revenue and Financial Automation (“RFA”) organization develops non-payments software as a service tools. The team is building a revenue-focused financial automation platform
- They aspire to build an online, real time system of record for Stripe users’ revenue - building first party products related to revenue and financial management and tools to integrate with third parties
- RFA’s products can be used alongside Stripe services or on their own. Lawyers on the RFA legal team coordinate the legal support for some of Stripe’s highest growth potential products
- Today, this suite of products includes Billing (subscriptions and invoicing), Revenue Automation (Revenue Recognition, Reporting, and Reconciliation), Stripe Tax, Data Services (Stripe Data Pipeline and Stripe Sigma), and Stripe Atlas
- In this role, you will join a team of product counsel who support the suite of products currently grouped together within the RFA organization
- Counsel the global product team on a range of issues including data protection and privacy law, consumer protection, product development, and marketing as it relates to the RFA products
- 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 RFA products 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 RFA 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
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payments option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist at Welcome to the Jungle
Insights
-5% employee growth in 12 months
Company
Funding (last 2 of 13 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company HQ
SoMa, San Francisco, CA
Leadership
Patrick Collison
(Content Strategist)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
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