Legal at Brex

The Legal team helps the company grow responsibly, advocating for Brex and for the thousands of growing businesses we serve. We provide strategic advice and guidance to all Brex teams, protect Brex, advise on risk, and represent the company externally, negotiating with partners and interacting with regulators. Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.

What you'll do

You will help us grow, globally scale, and continuously improve our commercial card product and adjacent payments product offerings. You’ll be a subject matter expert on card regulation and card networks, providing strategic advice on risk and regulatory ambiguity. You’ll collaborate directly with stakeholders (including product, engineering, marketing, sales, and partnerships) to find creative solutions to business issues. You know how to break a project down into first principles and see it from ideation to launch. You understand when to figure out a solution in-house and when to strategically and cost-effectively deploy outside counsel.

Responsibilities

• Provide pragmatic, actionable advice on requirements and best practices for existing and new card products and features
• Advise a variety of cross-functional stakeholders on critical regulatory questions
• Track and analyze international laws and help Brex stay ahead of trends
• Advise on product and marketing collateral, customer communications, and disclosures
• Draft, update, and maintain customer agreements, terms, and disclosures for card and related products
• Provide strategic guidance on product structuring and implementation
• Assist with license applications for new card products and markets as needed
• Draft and negotiate partnership and commercial agreements to support our card products and services as we expand globally

Requirements

• Deep experience in card regulation (e.g. TILA/Reg Z, PCI DSS, PSD2, the CARD Act, the Durbin Amendment to Dodd-Frank, EU credit directives)
• 8+ years working experience in a combination of law firms and fintech companies, ideally interacting with card networks and/or card issuers
• Familiarity with federal, state, and international laws and regulations that can apply to fintech companies, such as ECOA, Anti-Money Laundering law, and UDAAP
• 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
• Law degree and admitted to practice in at least one jurisdiction
• Willingness to be a team player who pitches in to help out on other products and topics; one of our key tenets is “One Brex”

Bonus Points

• Experience working with Privacy and Security in new product launches and audits; familiarity with GDPR and other privacy regimes
• Experience interacting directly with regulatory agencies

Compensation

The expected salary range for this role is $260,000 - $325,000. However, the starting base pay will depend on a number of factors including the candidate’s location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.