Product Counsel, Stripe
Bridge
$230.4-345.6k
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
$230.4-345.6k
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- 10+ years of legal experience, with 3+ years of in-house experience
- Proven track record in working directly with product leaders
- Experience working within a small, scrappy legal team, with hands-on responsibility across multiple areas
- Experience in highly regulated industries, especially fintech or payments (preferred but not required)
- Strong product legal experience, capable of providing practical and scalable guidance on product-related matters
- 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
- Pragmatic approach to legal issues, with a focus on enabling business growth while maintaining compliance
- Calm and decisive under pressure, with the ability to rise to challenges in high-stakes situations
- 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 capable of making smart decisions with imperfect information
- Open to working in dynamic and evolving regulatory environments
What the job involves
- As a Product Counsel at Bridge, you will play a pivotal role in managing and scaling legal guidance to support our rapidly expanding product development initiatives and related commercial transactions
- You’ll be a primary legal advisor for a number of our product teams, providing strategic guidance that drives business objectives while ensuring regulatory compliance
- You will partner closely with key stakeholders across the company to enable new partnerships, complex commercial arrangements, and innovative product use cases
- You will be part of a growing team of experienced Product Counsel responsible for helping Bridge deliver products that are compliant with laws and contractual commitments to our users across the globe
- The focus of this role will be on the development and commercialization of Bridge’s products
- This role will report to the Chief Legal Officer of Bridge, directly supporting Bridge product teams. Experience with cryptocurrency and stablecoin products will help you succeed in this role
- Lead legal support for product development activities across a number of product lines
- Establish scalable legal guidance processes and frameworks, ensuring repeatable and efficient implementation
- Oversee and negotiate commercial agreements related to implementation of those products, focusing on efficiency and scalability through internal tools and collaboration with the partnerships team
- Provide legal guidance on product development, ensuring new features and use cases are compliant with relevant laws and regulations
- Develop comprehensive legal guidance resources for internal use to streamline decision-making
- Actively collaborate with a wide variety of BridgeStripe teams, including product, engineering, partnerships, compliance, risk and marketing, on a range of issues related to product development and commercialization, including advising on new and emerging legal and regulatory developments impacting products, including identifying trends and potential impacts on business activities and adapting existing laws to new technologies
- Help Bridge navigate the cutting edge intersection of technological innovation, expanding developer use cases, and financial services compliance on a range of issues
- Stay up-to-date, with the support of Bridge’s legal subject matter experts, on US, UK, EU, and other global laws and regulations pertaining to cryptocurrency and stablecoin products
- Participate as a proactive and strategic business partner to senior leaders and be a trusted advisor
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 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
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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