Product and Regulatory Counsel

Brex Brex · Fintech · Remote · Legal

This role is for a Product and Regulatory Counsel at Brex, a fintech company. The counsel will provide strategic advice on commercial card and banking products, focusing on regulatory compliance and risk management. Responsibilities include advising stakeholders, tracking financial laws, drafting agreements, and ensuring adherence to regulations like UDAP, AML, and the CARD Act. The role requires a law degree and experience in fintech and regulatory environments.

What you'd actually do

  1. Provide pragmatic, actionable advice on requirements and best practices for existing and new card and banking products and features
  2. Advise a variety of cross-functional stakeholders on critical regulatory questions
  3. Track and analyze financial US and international laws and regulations and help Brex stay ahead of trends
  4. Advise on product and marketing collateral, customer communications, and disclosures
  5. Draft, update, and maintain customer agreements, terms, and disclosures for card and banking related products

Skills

Required

  • Law degree and admitted to practice in at least one jurisdiction
  • 4+ years working experience in a combination of law firms and fintech companies, ideally interacting with bank partners, financial regulators, and card networks
  • Familiarity with federal, state, and international laws and regulations that can apply to fintech companies, such as UDAP, anti-money laundering law, CARD Act, ACH rules, money transmission regulations
  • Excellent written and verbal communication skills, both internal (memos, guides, presentations) and external (disclosures, regulator communications)
  • Ownership mentality and comfort working on complex matters that require sound judgment
  • Entrepreneurial mindset and ability to work in a fast-paced environment
  • Willingness to be a team player who pitches in to help out on other products and topics

Nice to have

  • Prior in-house counsel experience at a scaling fintech or payments company
  • Experience interacting directly with regulatory agencies

What the JD emphasized

  • subject matter expert on card and financial regulations
  • strategic advice on risk and regulatory ambiguity
  • creative solutions to business issues
  • break a project down into first principles and see it from ideation to launch
  • familiarity with federal, state, and international laws and regulations that can apply to fintech companies, such as UDAP, anti-money laundering law, CARD Act, ACH rules, money transmission regulations
  • Excellent written and verbal communication skills, both internal (memos, guides, presentations) and external (disclosures, regulator communications)
  • Ownership mentality and comfort working on complex matters that require sound judgment
  • Entrepreneurial mindset and ability to work in a fast-paced environment