Product Counsel, Stripe
Payments
£133.9-189k
+ Equity + company bonus
A financial infrastructure platform for businesses
Job no longer available
A financial infrastructure platform for businesses
1001+ employees
Job no longer available
£133.9-189k
+ Equity + company bonus
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- 5+ years of experience as a qualified lawyer in a top law firm, in-house legal team and/or government agency, preferably working with payments or other financial services technology companies on the legal and regulatory aspects of product development in the technology space
- United States: A JD degree (or local equivalent) and membership in at least one U.S. state bar
- London or Dublin: A qualified solicitor in England or Ireland
- A passion for technology and ability to understand complex business models and product use cases quickly
- An entrepreneurial spirit – a self-starter and self-learner who thrives in a fast paced environment, deals well with ambiguity and focuses on driving impact
- Excellent judgment and capable of making smart decisions with imperfect information
- Strong communication skills (both written and verbal)
- Excellent project management skills and ability to work under tight deadlines
What the job involves
- Counsel global Stripe product teams operating at the cutting edge 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 e-money), scheme rules, bank-based debit method rules, GTM and monetization, consumer protection, marketing, intellectual property, and data privacy
- Actively collaborate with a wide variety of Stripe teams, including product, engineering, partnerships, compliance, risk and marketing, on a range of issues related to product development, product compliance and commercialization
- Work closely with colleagues across Stripe’s global legal team to support Stripe’s regulatory structure, scheme rule compliance, its customer agreements, and strategic financial partnerships
- Help build scalable and effective processes for legal review and launch of new products
- Draft, review, and update foundational documents for product and service offerings
- Stay up-to-date, with the support of Stripe’s legal subject matter experts, on international laws and regulations dealing with payments, financial services, privacy, data security, consumer protection, and marketing
- Participate as a proactive business partner to senior managers and build a trusted advisor relationship
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 payment 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 extending its services to countries with vast customer potential, including Brazil, Japan and India. It is also partnering with OpenAI, the company behind ChatGPT - a win-win collaboration that is monetising OpenAI’s flagship products and at the same time enhancing Stripe with GPT-4, as it moves forward 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 14 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
- Gym membership 🇬🇧
- Food provided in the office 🇬🇧
Company HQ
SoMa, San Francisco, CA
Leadership
Patrick Collison
(CEO)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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