Senior Counsel - Product & Regulatory (Investment Products) · Mercury

Fri, 17 Apr 2026 12:44:45 GMT
Legal

Mercury · San Francisco, CA, New York, NY, Portland, OR, or Remote within Canada or United States · remote

Job Title

Senior Counsel - Product & Regulatory (Investment Products)

About the Role

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.

As a Senior Counsel on our Product & Regulatory Legal team, you will serve as the primary legal advisor for Mercury Treasury and Mercury Invest, the products through which Mercury's business and consumer customers access non-deposit investment products. You'll advise across the full product life cycle, including everything from supporting new feature development, drafting disclosures, calibrating on content for marketing and customer communications, and advising on operational matters with regulatory impacts.

What You'll Do

Own the investment products portfolio and serve as the primary legal advisor for Mercury Treasury and Mercury Invest

Work across the company, building relationships with product, compliance, risk, engineering, and operations teams

Advise and support compliance on regulatory matters affecting investment products

Flex and grow, contributing to other product areas and gaining new experiences and broadening your expertise over time

Use AI intentionally, bringing a working knowledge of AI tools in legal workflows and a genuine interest in finding new ways to drive efficiency

Be a storyteller, translating dense regulatory concepts into straightforward, energizing narratives for product teams and other stakeholders

Stay curious and agile, embracing each new regulation, market shift, or product pivot as a learning opportunity

What You Should Have

6+ years of legal experience, with at least 2 of those years focused on non-deposit investment products

Familiarity with the Investment Advisers Act, Securities Act, Investment Company Act, Regulation Best Interest, Form CRS/ADV, FINRA rules, and related regulatory frameworks

Some in-house experience is preferred but not required

Exceptional communication skills

A proactive sense of ownership

Strong working knowledge of AI use cases within legal roles and/or financial services generally and genuine interest in using AI to drive efficiency in your work

What Will Make You Successful Here

You'll be 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

You'll spend a meaningful amount of your time on work that doesn't look like traditional legal practice, such as scoping cross-functional projects, pressure-testing product designs, and building operational processes alongside compliance and ops partners

Total Rewards Package

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 as follows:

US employees in New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $219,000 - $273,800

US employees outside of the New York City, Los Angeles, Seattle, or the San Francisco Bay Area: $197,100 - $246,400

Canadian employees (any location): $207,000 - $258,700 CAD