Payments Counsel — Global Fintech Regulation & Contracts

rain; United States; Hybrid; USD 180,000 - 280,000; Full time

Benefits offered by this job

Unlimited time off

Flexible working

Health, dental, vision plans

401(k) with company match

Equity plan

Wellness stipend

Team summits

Job summary

Rain is seeking a Payments Counsel to join our growing Legal team. You’ll be the trusted advisor across the business, ensuring our products, licenses, and partnerships are structured and executed in compliance with payments regulations.

This role works cross-functionally with Compliance, Risk, Product, and Business Development. The ideal candidate has a JD from a top program and 5–8 years of fintech regulatory experience, with strong communication and collaborative instincts.

Qualifications

• A JD from a top-level law program.
• 5–8 years of legal experience in payments/fintech.
• Strong understanding of US and EU payments regulations.
• Experience advising on commercial contracts and regulatory issues for fintech.
• Excellent written and verbal communication; translate regulation to business advice.
• Collaborative, business-oriented mindset across teams.

Responsibilities

• Advise on U.S. and EU payments regulations, including state money transmission laws, federal banking regulations, PSD2/PSD3, EMD2, e‑money licensing, card network rules, and virtual asset frameworks.
• Partner with Compliance and Licensing on MTL applications, international licenses, and ongoing obligations.
• Draft cardholder agreements across multiple jurisdictions.
• Draft, review, and negotiate commercial agreements with banks, payment processors, card networks, and vendors.
• Manage relationships with outside counsel on regulatory or jurisdictional issues.
• Assist with responses to regulators and participate in audits, exams, and inquiries.
• Stay ahead of regulatory changes affecting payments, crypto, and fintech; help shape internal strategy and external engagement.

Education

Juris Doctor (JD) from a top law program

Tools

Regulatory experience

Job description

Rain is seeking a Payments Counsel to join our growing Legal team. You’ll be the trusted advisor across the business, ensuring our products, licenses, and partnerships are structured and executed in compliance with payments regulations.

This role works cross-functionally with Compliance, Risk, Product, and Business Development. The ideal candidate has a JD from a top program and 5–8 years of fintech regulatory experience, with strong communication and collaborative instincts.