Director of Legal, GoFundMe
Payments
$221.5-333k
+ Bonus & equity
Social fundraising platform
Open for applications
Social fundraising platform
501-1000 employees
Open for applications
$221.5-333k
+ Bonus & equity
501-1000 employees
Company mission
To help people fundraise for the personal, business, and charitable causes that matter most to them.
Role
Who you are
- This is a high-impact, high-visibility role for a lawyer who thrives in a fast-paced environment, operates with a high degree of autonomy, and is comfortable owning complex, cross-border payments and regulatory challenges end-to-end
- Have 10+ years of legal experience, with significant focus on payments, fintech, and other financial services matters
- Bring strong expertise in U.S. federal and state payments regulations and meaningful experience with international regimes in Canada, Australia, EU, UK and LATAM
- Have significant prior experience counseling on payments and financial services products through the entire product lifecycle working closely with engineering, product, payment, design and marketing teams
- Have negotiated complex commercial agreements with financial institutions and fintech partners
- Have built scalable and effective processes for legal review and launch of new payment features and products
- Have supported global payments products and international expansion efforts for an online marketplace platform
- Are a self-starter who thrives in a fast paced environment, deals well with ambiguity and focuses on driving impact
- Are a pragmatic, product-oriented lawyer who can balance regulatory risk with user and business needs
- Excel at educating and influencing cross-functional stakeholders
What the job involves
- Join us! The GoFundMe team is searching for a highly experienced and business-minded Director, Payments Legal to serve as the company’s primary subject matter expert on payments and fintech legal matters
- This role will lead legal support for our global payments ecosystem and partner closely with Product, Engineering, Risk, Finance, and Partnerships to design, build, and scale compliant payment solutions across the globe
- Serving as the lead legal advisor and strategic partner to our Payments, Engineering, Risk, and Product teams, influencing product development, new payment methods, and global expansion while enabling compliant innovation
- Advising on U.S. and global regulatory frameworks, including money transmission, AML/BSA, sanctions, card network rules, PSD2/e-money regimes, and other international requirements, offering clear guidance to support product and business objectives
- Partnering deeply with Product and Engineering to provide practical, forward-looking guidance throughout the product lifecycle—from ideation through launch and iteration
- Serve as the Company’s subject matter expert on financial service regulations including payments, money transmission, stored value cards, fraud prevention and KYC/KYB
- Drafting and reviewing consumer-facing disclosures and terms of service for any payments products or offerings to ensure compliance with all applicable laws and regulations
- Structuring, drafting, and negotiating complex, strategic agreements with payment processors, financial institutions, card networks, and other fintech partners
- Reviewing payments related marketing materials and external communications to ensure compliance with relevant laws and regulations
- Translating regulatory complexity into clear, actionable guidance for cross-functional stakeholders
- Building scalable legal frameworks and processes to support and ensure compliance for a growing global payments platform
Our take
One of the most well-known fundraising platforms in the world, GoFundMe makes raising money online exceptionally easy. The platform initially focused on charity and good causes, but its scope has now expanded to include start-up business funding. What makes the platform attractive is its ability to democratise fundraising through the medium of the online.
GoFundMe's rapid rise in popularity has been helped by its social media integrations and the speed at which individuals can start funds. With strategic foresight, the company launched its GoFundMe Guarantee in 2016, a pledge to protect donors from fraud or platform misuse - knowing that its continued growth could only be hampered by security issues or donor deception.
This guarantee is what has enabled the company to remain the largest crowdfunding platform in the world. Notably, it stands amongst the likes of Airbnb, Facebook, and Netflix in being backed by tech investors TCV.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-6% employee growth in 12 months
Company
Company benefits
- Wide range of health insurance options, including medical, dental, and vision (GoFundMe covers 100% of employee premiums, and 80% of spouse and dependents)
- $600 annual fitness and wellness reimbursement
- Weekly massages
- Standing desks
- Fully-stocked kitchens & daily lunches
- Team off-sites & monthly social events
- Many of our offices are dog friendly
- 10 paid holidays, 17 days of accrued vacation per year, unlimited sick time & three volunteer days
- Enhanced parental leaves
- $50/month for employees commuting to and from work (public transit and/or parking)
- Caltrain GoPasses for our Bay Area commuters
- "Gives Back" program, where employees nominate fundraisers weekly for donations from GoFundMe
- Quarterly volunteer events in each office to give back to our local communities
- 401(k) retirement plan with company matching
- Access to learning tools and resources, including a subscription to Udemy, guest speakers, and internal brown bag sessions
Company HQ
Centennial, Redwood City, CA
Leadership
Margaret Richardson
(Chief Marketing & Corporate Affairs Officer)Formerly worked at Airbnb as Vice President of Trust and Director of Global Policy. They worked in Trust & Safety at Apple prior to becoming a Member of Pipeline Angels.
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