Senior Product & Regulatory Counsel - Investment Products

We're looking for a Senior Product & Regulatory Counsel to join our team, focusing on investment products. You'll advise on the full product life cycle, from new feature development to regulatory compliance. Your goal will be to deliver high-quality customer experiences.

Responsibilities

• Own the investment products portfolio, serving 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
• Contribute to other product areas within Legal, gaining new experiences and broadening your expertise
• Use AI tools intentionally, driving efficiency in legal workflows
• Translate dense regulatory concepts into straightforward narratives for various stakeholders
• Stay curious and agile, embracing new regulations, market shifts, and product pivots as learning opportunities

Requirements

• 6+ years of legal experience, with at least 2 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
• Exceptional communication skills, tailoring your approach to different audiences
• A proactive sense of ownership, with a willingness to learn and adapt
• Strong working knowledge of AI use cases within legal roles and/or financial services

What will make you successful here

• Having a point of view on regulatory matters and product development
• Treating ambiguity as an invitation to problem-solve
• Focusing on making products better, not just ensuring compliance

Compensation

The total rewards package at Mercury includes base salary, equity (stock options/RSUs), and benefits. Our target new hire base salary ranges for this role are:

• 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