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Regulatory Counsel, High-Risk

Finix Payments - San Francisco, CA, United States - Hybrid

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Salary: USD 140,000 - 220,000 / annual

Finix is a fintech operating system for payments processing, founded in 2015 and headquartered in San Francisco. The company has raised over $200M from top-tier investors including Acrew Capital, Lightspeed Venture Partners, American Express Ventures, Bain Capital Ventures, Homebrew, Inspired Capital, and Visa. Finix processes tens of billions of dollars annually for customers ranging from startups to publicly traded companies. You will serve as the primary regulatory advisor to Finix's Product and Sales teams, partnering closely with Product, Sales, Partnerships, and Compliance to launch payment products in new and emerging markets while maintaining compliance with applicable law, card network rules, and sponsor bank requirements. You will report to the Head of Legal. Key responsibilities include: - Provide fast, practical, well-documented regulatory guidance on product designs, new features, deal structures, and prospective customers - Lead legal and regulatory analysis for new sectors, business models, and structures (ISV, marketplace, merchant-of-record models) - Own regulatory strategy for gaming and gambling verticals, including state-by-state and provincial analysis of iGaming, sports wagering, sweepstakes, and prediction markets - Partner with Product from concept through launch to embed regulatory requirements into product design, user flows, disclosures, and terms - Support Sales and Partnerships on complex deals, including regulatory diligence and agreement review - Translate laws, card network rules, and sponsor bank requirements into clear guidance for internal teams - Monitor and interpret regulatory, legislative, and network rule developments in the U.S. and Canada - Support sponsor bank and card network relationships on product, program, and sector matters - Collaborate with Compliance on policy development, licensing applications, regulatory filings, and audit readiness - Engage and manage outside counsel on specialized matters - Prepare decision-ready legal and regulatory analysis for senior management, the board, sponsors, and partners The role supports both the U.S. and Canada footprint. A key early focus will be gaming and gambling, where the regulatory landscape is moving fast. Deep gaming experience is valuable but not required; strong regulatory lawyers from payments, fintech, banking, or other highly regulated industries are equally welcome. REQUIREMENTS: - Juris Doctor (or equivalent) and active bar admission in good standing in at least one U.S. state - 5+ years of legal experience with substantial regulatory focus, gained at a law firm, in-house, or in government, in payments, fintech, banking, gaming, or similarly regulated industry - Demonstrated ability to analyze complex, multi-jurisdictional regulatory frameworks and apply them to real products, customers, and business models - Experience advising product, sales, or business development teams directly, ideally on new product launches or new market entry - Working knowledge of U.S. payments and financial services regulation (money transmission licensing, FinCEN, BSA/AML, consumer protection, privacy) - Exceptional written and verbal communication with ability to turn ambiguity into clear plans, trade-offs, and decisions - Experience leading complex, cross-functional work with multiple dependencies and senior stakeholders - Business-minded and solutions-oriented approach; comfortable with ambiguity in emerging sectors - Curious, fast-learning, proactive, detail-oriented, and collaborative NICE TO HAVE: - Experience with gaming and gambling regulation, state and tribal gaming authorities, vendor licensing, sweepstakes and promotional law, prediction markets - Familiarity with Canadian frameworks (FINTRAC, RPAA, PIPEDA, Quebec Law 25) and provincial gaming regulation - Experience with card network rules (Visa, Mastercard, Interac, Discover) and sponsor bank program requirements - Knowledge of fintech-bank partnership model and bank third-party risk expectations - Experience at a card network, processor, acquirer, sponsor bank, or financial services regulator - Experience with high-risk merchant verticals (nutraceuticals, CBD, wellness, digital products)

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