**Who this is for** This role is for a Senior Counsel with expertise in investment products and regulatory matters, specifically supporting Mercury Treasury and
Work type: remote
Location: San Francisco, CA, New York, NY, Portland, OR, or Remote within Canada or United States
Salary: $219,000 – $273,800/yr
Type: Full-time
**Who this is for** This role is for a Senior Counsel with expertise in investment products and regulatory matters, specifically supporting Mercury Treasury and Mercury Invest. You will be a key legal advisor, shaping product development and ensuring compliance in a dynamic fintech environment. **Key highlights** Own the legal strategy for non-deposit investment products. Collaborate across product, compliance, and engineering teams to drive innovation. Advise on complex regulatory frameworks and contribute to the growth of a cutting-edge legal function. **You might be a good fit if you...** - Have 6+ years of legal experience, with at least 2 focused on non-deposit investment products. - Are familiar with the Investment Advisers Act, Securities Act, and related regulations. - Possess exceptional communication skills and can translate complex legal concepts effectively. - Have a proactive, high-ownership approach to legal challenges.
"Start where you are. Use what you have. Do what you can." – Arthur Ashe
There's a version of investment products legal work that's mostly about maintaining what already exists. Reviewing disclosures that haven't changed in years, advising on products whose architecture was set long before you arrived. This isn't that. Mercury Treasury and Mercury Invest are in some ways still taking shape and must continually rise to the occasion to meet evolving customer needs. The regulatory frameworks are complex, the product roadmap is ambitious, and the person in this role will have a direct hand in the high quality customer experience we deliver to Mercury users.
Who we are:
Since 2019, Mercury has been on a mission to reinvent banking for the modern age. We blend elegant design and cutting-edge technology to offer checking and savings accounts, debit cards, payment services, credit products, cash management tools, and sophisticated analytics. Everything we build reflects our belief that finance should be thoughtfully crafted, fast, transparent, and frictionless.
About the team:
Our Product & Regulatory Legal team operates like the rest of Mercury: with urgency, curiosity, and a bias toward action. We embed with product teams from early ideation through launch, working alongside engineers, designers, and compliance partners to get products right. We move fast, we take ownership, and we don't wait to be asked: If something needs figuring out, we’re up to the task.
What you'll do:
Mercury is a place where legal counsel are expected to have a point of view. Not just about what the regulation requires, but about how the product can meet that bar in a way that's elegant, scalable, and good for customers. The people who thrive on this team treat ambiguity as an invitation rather than a reason to pause. They read a regulation and think about what it permits, not just what it prohibits.
You'll also spend a meaningful amount of your time on work that doesn't look like traditional legal practice: scoping cross-functional projects, pressure-testing product designs, building operational processes alongside compliance and ops partners. If you're someone who gets energy from that kind of work, and who measures their own impact by whether the product got better and not just whether the memo was airtight, you'll do well here.
Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC. Investment advisory products and services offered by Mercury Advisory, LLC ("MA"), an SEC-registered investment adviser. MA is a wholly-owned subsidiary of Mercury Technologies, Inc..*
The total rewards package at Mercury includes base salary, equity (stock options), and benefits.
Our salary and equity ranges are highly competitive within the SaaS and fintech industry and are updated regularly using the most reliable compensation survey data for our industry. New hire offers are made based on a candidate’s experience, expertise, geographic location, and internal pay equity relative to peers.
Our target new hire base salary ranges for this role are the following:
We use Covey as part of our hiring and / or promotional process for jobs in NYC and certain features may qualify it as an AEDT. As part of the evaluation process we provide Covey with job requirements and candidate submitted applications. We began using [Covey Scout for Inbound ](https://getcovey.com/product/covey-scout-inbound)on January 22, 2024.
[[Please see the independent bias audit report covering our use of Covey for more information.]](https://getcovey.com/nyc-local-law-144)
#LI-JB1