Senior Counsel, Commercial - EU / UK

Marqeta Inc; Greater London; On-site; GBP 120,000 - 150,000; Full time

Benefits offered by this job

Private medical

Dental coverage

Retirement savings

Equity in company

Remote work stipend

Development stipend

Parental leave

Wellbeing programs

Job summary

Marqeta is seeking a Senior Counsel, Commercial to partner with Revenue, Product and Finance teams in the UK/EU region. This role involves negotiating complex commercial contracts with customers, banks, and network partners across Europe and helping improve contracting processes.

Based in London, the role reports to the Director, Assistant General Counsel and operates out of the Holborn office two days a week.

Qualifications

• 4-7 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.
• Experience drafting and negotiating contracts for payments companies, fintech 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)

Responsibilities

• Negotiate strategic, complex and cross-border agreements with Marqeta's customers and partners within Europe.
• Support Marqeta's expansion by partnering with cross-functional teams in sales, product, compliance, bank partnerships, and finance to help sell Marqeta's products and services in Europe.
• Collaborate on the development of agreement templates and playbooks for the Commercial Legal Team to drive scale and efficiencies.
• Provide practical legal advice to the business and develop strong working relationships across the Company with cross-functional peers and other business stakeholders.

Skills

Payments industry

In-house counsel

Job description

Marqeta is seeking a Senior Counsel, Commercial 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 Senior Commercial Counsel, you will provide legal and business advice relating to commercial contracts entered into by Marqeta or Marqeta's EU/UK subsidiaries, including agreements with customers, banks and network partners, and vendors 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. This role will be based out of our London office in Holborn two days a week.

The Impact You'll Have

Work with 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, bank partnerships, 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.

Who You Are

4-7 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

Compensation and Benefits

• Premium Private Medical and Dental coverage
• Generous time off program with additional "Floating Holiday days"
• Retirement savings program with company contribution
• Equity in a publicly-traded company and an Employee Stock Purchase Program
• Monthly stipend to support our remote work model
• Annual development stipend to support our people's growth and development
• Family-forming benefits and up to 20 weeks of Parental Leave
• Wellbeing programs i.e. Modern Health, HealthKick and much more...

About Marqeta

Marqeta is on a mission to change the way money moves. We're one of the earliest enablers of embedded finance, a market opportunity sized up in the trillions. Our card issuing platform provides unprecedented flexibility and control for companies to issue cards, authorize transactions, and manage payment operations in real time. Marqeta is powering the most well known brands in the new economy (Block, Cash App, Affi…

Marqeta's Values

• Solve for the Customer: With a deep understanding of our customers' business and empathy for their needs, we deliver products and services that drive their success. Earning and keeping their trust guides everything we do.
• Do What's Right: Knowing businesses and livelihoods depen