Product Counsel, Payments. Job in Los Angeles Move Collective Jobs

Product Counsel, Payments We are seeking an experienced Senior Product Counsel to lead legal support for Whatnot's payments and financial services initiatives. In this role you will partner closely with Product, Engineering, Business Development, and Risk teams to shape and launch innovative payment systems and products. Responsibilities Provide strategic and practical legal advice on the design, development, and rollout of payment products, merchant services, and financial infrastructure. Advise on regulatory and compliance requirements, including U.S. and international payment regulations, money transmission, stored value, AML/BSA, consumer protection, and card network rules. Draft, negotiate, and manage complex commercial agreements with processors, acquiring banks, payment facilitators, and other financial partners. Partner with Compliance, Risk, and Product Operations to develop scalable policies, playbooks, and controls that support compliant and sustainable growth. Support the expansion of payment products into new jurisdictions, assessing cross‑border licensing and regulatory requirements. Collaborate with Business Development on strategic financial partnerships and integrations. Stay current on developments in payments, fintech, and digital commerce regulation, advising leadership on implications for product strategy. Help build the infrastructure for a world‑class legal function that scales with Whatnot’s growth. Qualifications Juris Doctor (JD) with active membership in at least one U.S. jurisdiction (California or New York preferred). 8+ years of combined experience in a top law firm and/or in‑house legal department, including at least 3 years advising on payments, fintech, or financial services matters. Deep understanding of payments law and infrastructure, including card network operating rules, money transmission, and merchant acquiring frameworks. Proven experience negotiating commercial and technology agreements with financial institutions, processors, or payment partners. Strong familiarity with U.S. and international regulatory frameworks, such as PSD2, e‑money, AML, and consumer finance regulations. Ability to work cross‑functionally in a fast‑paced, product‑driven environment, providing actionable guidance to non‑legal stakeholders. Excellent communication, drafting, and interpersonal skills with a bias toward clarity and collaboration. Proactive, business‑minded approach and comfort with ambiguity. Sense of humor and humility. Benefits Generous holiday and time‑off policy. Health insurance options (medical, dental, vision). Work‑from‑home support and home‑office setup allowance. Monthly allowance for cell phone, internet, and wellness. Annual allowance toward childcare and life‑planning benefits (adoption, fertility). Retirement benefits with 401(k) offering for Traditional and Roth accounts in the U.S. (employer match up to 4% of base salary) and pension plans internationally. Allowance to dog‑food the app. Equal Opportunity Employer Whatnot is proud to be an Equal Opportunity Employer. We value diversity and do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. Job ID: J‑18808‑Ljbffr #J-18808-Ljbffr Broughton Group