With our open API, the Marqeta platform is designed for innovators who want a simplified way of managing payment programs so they can create world-class experiences and power new modes of commerce.

Position Summary:

The Commercial Counsel will be responsible for working in close partnership with individual business units and cross functional teams to provide legal and regulatory guidance and negotiate commercial contracts as Marqeta develops, implements and updates its products and services, and enters into new business relationships.

Duties and Responsibilities:

  • Negotiate complex master agreements with Marqeta’s customers, and technology contracts with vendors
  • Provide timely, concise and business-focused legal advice on payments law impacting Marqeta’s contractual relationships
  • Continuously improve standard form agreements and legal processes to help scale the legal function
  • Work in partnership with other members of the legal team
  • Instruct and manage outside counsel, as necessary
  • Handle other matters as required to support the business

Skills and Competencies:

  • An experienced, solution-oriented and proactive attorney
  • Proven ability to proactively support sales teams and direct all aspects of the contract management cycle
  • Proven track record of providing creative and timely complex contract solutions that further a company’s business objectives
  • A keen sense of ownership, and highly adaptable to a fast-changing environment
  • A solid business focus with practical risk awareness

Qualifications:

  • JD and 3 to 6+ years of experience practicing either in-house (or in an equivalent setting) or at a reputable law firm, with at least 2 years working in or advising companies in the payments space or an adjacent space
  • Strong track record negotiating a range of complex commercial agreements, including sales, IP licensing, partnerships, and marketing
  • Creative problem solver
  • Ability to handle multiple assignments simultaneously, with effective resolution of conflicting priorities
  • Excellent oral and written communication skills and ability to work both in teams and independently
  • Experience drafting and negotiating contracts for payments companies or financial institutions
  • A working knowledge of laws impacting the payments industry is a plus, including federal and state consumer financial and protection laws and regulations like, Regulation E; Regulation Z, BSA/AML, UDAAP, and data privacy law
  • Admitted to the California state bar or certified to practice in California
  • A great sense of humor
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