Product Counsel (Banking)

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Beacon Hill’s client, a digital payments platform, is seeking a Product Counsel (Banking) to provide coverage during a leave.

• Location: U.S.‑based remote (Bay Area, CA, or Pacific Time Zone preferred)
• Start: ASAP
• Duration: through December 2026
• Hours: 40 hours per week
• Pay: $100-$115/hour, depending on experience

REQUIRED EXPERIENCE & QUALIFICATIONS

• Juris Doctor (JD) degree and active membership in good standing in at least one U.S. jurisdiction
• 7+ years of combined, relevant experience in law firms, governmental agencies, and/or in-house legal departments
• Excellent active listening and communication skills
• Fluency translating legal advice into actionable guidance for creative products and collaborators
• Ability to quickly adapt and reorient in an evolving regulatory and business environment
• Familiarity with launching products and advising on the legal and regulatory aspects of product development in the technology space
• Sound, practical business judgment and creativity in solving problems
• Ability to ramp quickly and operate independently within an established team and set of workstreams

DESIRED SKILLS AND ABILITIES

• Prior experience as product or regulatory counsel at either a bank or a fintech
• Prior experience in financial services and payments, and/or card network industry rules and regulations
• Experience working with OCC and/or FDIC-regulated bank partners or in a bank partnership model

ESSENTIAL JOB FUNCTIONS

• Provide legal guidance to the Banking product and partnerships team (including product managers, engineers, and designers) on issues related to products and features throughout the entire product development lifecycle
• Advise on banking and MTL regulations at both federal and state levels, including consumer protection requirements and disclosure obligations;
• Develop close, trusted relationships with business partners and stay informed on key product developments
• Support the relationship with our bank partner, including participating in regular status calls and reviewing partner-facing communications and materials
• Draft and review terms of service, cardholder agreements, legal memos, product policies, and product disclosures
• Work closely with other support teams (including regulatory, tax, compliance, accounting, and outside counsel) to provide guidance to business partners
• Actively cultivate creative ideas and insights into how legal frameworks can support new product developments and customer experiences
• Draft and negotiate commercial agreements affecting your products and services
• Manage and advance in-progress workstreams to maintain continuity during the coverage period

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