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Full-Time

Senior Director

Associate General Counsel, Commercial

Posted on 6/18/2024

Marqeta

Marqeta

501-1,000 employees

Card issuing and payment processing solutions

Fintech
Financial Services

Compensation Overview

$181.8k - $303kAnnually

+ Bonus + Equity

Expert

Remote in USA

This role can be performed remotely anywhere within the United States or from our Oakland office.

Category
Legal
Contract Management
Legal & Compliance
Requirements
  • 12+ years of experience in commercial contracts in the U.S. and internationally
  • 5+ years experience leading and developing a high performing commercial team
  • Industry experience in FinTech, payments, financial services/banking and/or software technology
  • Strong negotiating and drafting agreements skills
  • JD degree and member in good standing of a State Bar
Responsibilities
  • Lead Marqeta’s in-house team of attorneys
  • Mentor and develop in-house attorneys
  • Assist with resolving complex issues in strategic customer and vendor agreements
  • Support global expansion by partnering with cross-functional teams
  • Drive strategy to improve contracting process
  • Oversee development of agreement templates and playbooks
  • Provide practical legal advice to the business

Marqeta provides modern card issuing and payment processing solutions for businesses. Its platform allows companies to create, issue, and manage payment cards tailored to their specific needs, such as expense management and consumer payments. Marqeta's services are integrated through an open API, giving clients the flexibility to customize their payment solutions. The company earns revenue primarily through transaction fees each time a card is used, along with potential setup and service fees. Marqeta has gained prominence in the fintech industry, particularly during the rise of digital payments amid the COVID-19 pandemic, thanks to its ability to quickly adapt and scale its offerings.

Company Stage

Series E

Total Funding

$530.6M

Headquarters

Oakland, California

Founded

2010

Growth & Insights
Headcount

6 month growth

4%

1 year growth

1%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • Marqeta's expanding partnerships, such as with Uber Eats and Lydia, indicate strong growth potential and market penetration.
  • The company's recent surge in processing volumes and entry into new markets like earned wage access suggest robust financial health and future opportunities.
  • Marqeta's ability to attract high-profile clients like Swiss4 and its expansion into luxury financial services highlight its appeal to diverse and premium market segments.

What critics are saying

  • The competitive fintech landscape requires Marqeta to continuously innovate to maintain its market position.
  • Dependence on transaction fees means that any downturn in digital payment volumes could significantly impact revenue.

What makes Marqeta unique

  • Marqeta's open API platform allows for highly customizable payment solutions, setting it apart from competitors with more rigid offerings.
  • The company's ability to quickly adapt and scale during the COVID-19 pandemic highlights its operational agility and resilience.
  • Marqeta's global reach, demonstrated by partnerships with companies like Uber Eats and Lydia, underscores its capability to support large-scale, international operations.

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Benefits

Medical, dental, & vision coverage

Flexible time off

Paid family leave

Pet insurance

401k match

Equity

Monthly stipends

Company recognition & awards

Employee Stock Purchase Program

INACTIVE