Payments & Privacy Counsel

Location New York, NY Employment Type Full time Location Type Hybrid Department Legal Compensation $165K – $280K What We're Looking For We’re looking for a Payments & Privacy Counsel to join our growing Legal team. You’ll be a trusted advisor across the business, ensuring our products, licenses, and partnerships are structured and executed in compliance with applicable payments regulations. This is a highly cross‑functional role, working closely with Compliance, Risk, Product, and Business Development. What You'll Do Advise on U.S. and EU payments regulations, including state money transmission laws, federal banking regulations, PSD2/PSD3, EMD2, e‑money licensing, card network rules, and virtual asset frameworks. Partner with Compliance and Licensing teams on MTL applications, international licenses, and ongoing obligations. Draft card holder agreements across multiple jurisdictions. Draft, review, and negotiate commercial agreements with banks, payment processors, card networks, and vendors. Provide practical guidance on consumer protection and data privacy requirements, including GDPR, U.S. state privacy laws (CCPA/CPRA), and cross‑border data transfer frameworks. Manage relationships with outside counsel on specialized regulatory or jurisdictional issues. Assist with responses to regulators and participate in audits, exams, and inquiries. Stay ahead of regulatory changes affecting payments, crypto, and fintech; help shape internal strategy and external engagement. What You Will Bring to Rain JD from a top‑level law program. Preference for U.S. trained lawyers but international JDs will be considered. At least 5–8 years of legal experience, focused on payments, fintech, financial services regulation, or related areas. Strong understanding of U.S. and EU payments regulations, including state MTLs, Durbin Amendment, Regulation E, PSD2/PSD3, EMD2, EMI licensing, and card network rules. Experience advising on commercial contracts and regulatory issues for fintech or payments companies. Excellent written and verbal communication skills; able to translate complex regulation into clear business advice. Collaborative, business‑oriented mindset; comfortable working across multiple teams and time zones. Demonstrated experience with GDPR, data protection frameworks, and privacy compliance; digital assets/crypto regulatory experience (e.g., VASP regimes, MiCA) also valued. Bonus: Prior in‑house experience at a fintech, payments company, or financial regulator. Benefits Unlimited Time Off Unlimited vacation can be daunting, so we require Rainmakers to take at least 10 days for themselves. Flexible Working ☕ We support a flexible workplace; if you feel comfortable at home, please work from home. If you’d like to work in an office, feel free to come in. New Rainmakers will receive a stipend to create a comfortable home office. Easy‑to‑Access Health Benefits For U.S. Rainmakers, we offer comprehensive health, dental, and vision plans for you and your dependents, plus a 100% company‑subsidized life insurance plan. Retirement Goals Plan for the future with confidence. We offer a 401(k) with a 4% company match. Equity Plan We offer every Rainmaker an equity option plan so we can all benefit from our success. Rain Cards ️ We want Rainmakers to be knowledgeable about our core products and services. To support this mission, we issue a card for the team to use for testing. Health and Wellness High performance begins from within. Rainmakers are welcome to use their card for eligible health and wellness spending such as gym memberships, fitness classes, massages, acupuncture – whatever recharges you! Team Summits ✨ Summits play an important role at Rain! Time spent together helps us get to know each other, strengthen our relationships, and build a common destiny. Expect team and company offsites both domestically and internationally. Equal Opportunity Employer Rain is an Equal Opportunity Employer and does not discriminate based on race, color, religion, sex, national origin, disability, or any other protected characteristic. #J-18808-Ljbffr