Commercial Counsel, Marqeta
EU / UK
+ ESPP + Equity
Modern payment & card issuing solutions
Job no longer available
Modern payment & card issuing solutions
1001+ employees
Job no longer available
+ ESPP + Equity
1001+ employees
Company mission
To be the global standard for modern card issuing, empowering builders to bring the most innovative products to the world.
Role
Who you are
- 3-5 years of experience practicing either in-house or at a reputable law firm, with at least 2 years working in or advising companies in the payments, fintech or financial services space
- An eagerness to learn, a can-do attitude, and an interest (and ideally some experience working) in the payments industry
- A solutions-oriented attorney who doesn’t rabbit-hole on theoretical risk but instead focuses on practical risk-based solutions to legal issues
- Experience drafting and negotiating contracts for payments companies, fintech companies or financial institutions
- An understanding of laws and regulations pertaining to financial services and technology (including Payment Services Directives; Anti-Money Laundering Directives; GDPR; Interchange Fee Regulations and EBA Guidelines)
- A keen sense of ownership, and adaptability to a fast-changing environment
- Sound judgment and ability to work both autonomously and collaboratively
- Willingness and ability to support colleagues and initiatives across multiple time zones
What the job involves
- Marqeta is seeking a Commercial Counsel who will be an integral member of Marqeta’s Commercial Legal Team and strategic partner to the Revenue, Product and Finance Teams in the UK / EU Region
- As Commercial Counsel, you will provide legal and business advice relating to Marqeta’s customer, bank and network partner, and vendor contracts in the EU and UK and will help improve Marqeta’s contracting processes and procedures in the region
- You will have a broad range of responsibilities and work in close partnership with cross-functional and geographically diverse teams supporting the development and delivery of Marqeta’s payment products and services
- You will report to the Director, Assistant General Counsel, Head of Commercial Legal
- We encourage a flexible working style, and the team is typically in the office a few days each week in our London office
- Work with Marqeta’s sales, partnership and procurement teams to support the sale and development of Marqeta’s products and services with a focus on Marqeta’s customers and partners in Europe. Specifically, you will negotiate strategic, complex and cross-border agreements with Marqeta’s customers and partners within Europe
- Assist with resolving complex issues in strategic customer, bank and network partner, and vendor agreements in Europe
- Support Marqeta’s expansion by partnering with cross-functional teams in sales, product, compliance, and finance to help sell Marqeta’s products and services in Europe
- Work collaboratively across the Legal, Regulatory and Compliance team on cross-functional priorities and initiatives
- Collaborate on the development of agreement templates and playbooks for the Commercial Legal Team to drive scale, and cross-functional efficiencies, and offer creative solutions where appropriate
- Provide practical legal advice to the business and develop strong working relationships across the Company with cross-functional peers and other business stakeholders
Application process
- Recruiter for this role: Lou Devlin
- Application Submission
- Recruiter video call
- Hiring manager video call
- Virtual “Onsite” consisting of 4-5, 45 min calls
- Offer!
Salary benchmarks
Our take
Marqeta processes payments quickly, offering businesses a more straightforward way to take customer payments with its physical and virtual card solutions. The company has a string of major companies utilizing its flexible and scalable platform, including Uber, Doordash and Square.
The company is rapidly expanding in Europe, with strong growth in processing volumes and new partnerships, including major collaborations with firms like Trade Republic. It also partnered with Visa and Affirm to introduce the Visa Flexible Credential, allowing users to access multiple payment methods on one card.
With a focus on global growth and delivering innovative financial services, Marqeta is targeting new verticals and supporting underbanked businesses. With this aim, the company is on its way to deepening its impact in the fintech space and driving further innovation in payments.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 9 rounds)
May 2020
$150m
LATE VC
May 2019
$250m
SERIES E
Total funding: $542.5m
Company benefits
- Praise: We believe in generously recognizing each other’s talents and contributions, and sharing the goodness we see
- Health and wellness: We cover your premiums for health, dental, and vision. Plus, your pet gets his/her/its own insurance, on us
- Flexible time off: We take time to relax and recharge when needed. We have unlimited time off for most employees and encourage an average of 5 weeks per year
- Marqeta paid family leave: We support all families. We offer 12 weeks of paid leave for all new parents and up to 20 for birthing parents. We also offer 4 weeks of caregiving leave
- 401k match: We invest in your future. We’ll match 50% of your contribution and up to 6% of your salary
- Meaningful equity: As owners of the company, we’re all in this together. Full-time employees will receive equity in Marqeta
- Giving back: We recognize we’re part of a larger community and encourage employees to donate their time and expertise to organizations they support
- Monthly stipend: You’ll get an additional monthly stipend on your paycheck to help fund your daily commute, cell phone, and/or internet connectivity
- Stock discount: The Employee Stock Purchase Program allows employees to buy discounted company stock
Company HQ
Northgate - Waverly, Oakland, CA
Leadership
Jason Gardner
(Founder & Board Member)Having studied at Arizona State University, worked in Management for Benettar Marble & Granite, NetManage and Gartner Group. Then founded PropertyBridge and spent 2 years at MoneyGram before founding Marqeta as CEO in 2010.
Mike Milotich
(CEO)Spent a decade at VISA, ultimately serving as SVP (Head of Corporate Finance and Investor Relations). Was also Commercial Analytics Lead for PayPal and a Senior Financial Analyst at Barclays Global Investors.
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