Senior Product & Regulatory Counsel - Investment Products

The role

The Senior Product & Regulatory Counsel will serve as the primary legal advisor for Mercury Treasury and Mercury Invest. You will advise on the full product life cycle, support compliance with regulatory agencies, and partner with product, engineering, and operations teams.

What you will do

• Serve as the primary legal advisor for Mercury Treasury and Mercury Invest
• Advise across the full product life cycle
• Support new feature development and draft disclosures
• Calibrate content for marketing and customer communications
• Advise on operational matters with regulatory impacts
• Build relationships across product, compliance, risk, engineering, and operations
• Work with the compliance team on regulatory matters
• Support examination readiness with FINRA and the SEC
• Translate regulatory concepts into narratives for stakeholders
• Use AI tools in legal workflows to drive efficiency

Required qualifications

• 6+ years of legal experience
• At least 2 years focused on non-deposit investment products
• Familiarity with the Investment Advisers Act, Securities Act, Investment Company Act, Regulation Best Interest, Form CRS/ADV, and FINRA rules
• Exceptional communication skills
• Proactive sense of ownership
• Strong working knowledge of AI use cases within legal roles and/or financial services generally

Nice to have

• Some in-house experience
• Exposure to regulatory agencies relevant to these products as agency staff or in an industry role
• Additional experience outside the investments/brokerage space in financial services, payments, or fintech

Benefits

• Base salary
• Equity (stock options/RSUs)
• Benefits

About the company

Mercury is a fintech company that blends design and technology to offer banking, payment, and investment services. Since 2019, it has worked to reinvent banking for the modern age.