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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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