Senior Payments Counsel - FinTech Regulatory Expert

Rain; Washington (District of Columbia); Hybrid; USD 175,000 - 225,000; Full time

Benefits offered by this job

Unlimited time off

Flexible working

Health benefits + 401(k) with company

Job summary

Rain is seeking a Payments Counsel to join our growing Legal team in the United States. You will advise on U.S.

and EU payments regulations, draft and negotiate contracts, and collaborate across Compliance, Risk, Product, and Business Development to ensure compliant products and partnerships. You have 5–8 years of relevant experience, a JD from a top-tier program, and strong written and verbal communication skills.

Qualifications

• A JD from a top-level law program.
• At least 5–8 years of legal experience in payments/fintech.
• Strong understanding of US and EU payments regulations (state MTLs, Durbin, Reg E, PSD2/PSD3, EMI licensing, card rules).
• Experience advising on commercial contracts and regulatory issues for fintech/payments companies.
• Excellent written and verbal communication; able to translate regulation into business advice.
• Collaborative, business-oriented mindset across teams and time zones.

Responsibilities

• Advise on US and EU payments regulations, including state money transmission laws, federal banking regs, PSD2/PSD3, EMD2, e-money licensing, card network rules, and crypto 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 regulator responses, audits, exams, and inquiries.
• Stay ahead of regulatory changes affecting payments, crypto, and fintech; help shape internal strategy and external engagement.

Skills

Regulatory compliance

Fintech/regulatory experience

Contract drafting

Cross-functional collaboration

Written and verbal communication

US/EU payments regulations

Education

JD (top-tier program)

Job description

Rain is seeking a Payments Counsel to join our growing Legal team in the United States. You will advise on U.S.

and EU payments regulations, draft and negotiate contracts, and collaborate across Compliance, Risk, Product, and Business Development to ensure compliant products and partnerships. You have 5–8 years of relevant experience, a JD from a top-tier program, and strong written and verbal communication skills.