Product Counsel

As Product Counsel at Rain, you'll be a trusted legal advisor across the business, ensuring Rain's payments products, licenses, and partnerships comply with applicable regulations. You'll work closely with Compliance, Risk, Product, and Business Development to navigate U.S. and EU payments frameworks as Rain scales its stablecoin infrastructure globally.

What you'll do

• Advise on U.S. and EU payments regulations, including state money transmission laws, federal banking regulations, PSD2/PSD3, EMD2, e-money licensing, card network rules, and virtual asset frameworks
• Partner with Compliance and Licensing teams on money transmitter license applications, international licenses, and ongoing regulatory obligations
• Draft cardholder agreements across multiple jurisdictions
• Draft, review, and negotiate commercial agreements with banks, payment processors, card networks, and vendors
• Manage relationships with outside counsel on specialized regulatory or jurisdictional issues
• Assist with responses to regulators and participate in audits, exams, and inquiries
• Stay ahead of regulatory changes affecting payments, crypto, and fintech, and help shape internal strategy and external engagement

What you bring

• A JD from a top-level law program (preference for US-trained lawyers; international JDs will be considered)
• At least 5-8 years of legal experience focused on payments, fintech, financial services regulation, or related areas
• A strong understanding of U.S. and EU payments regulations, including state money transmission laws, the Durbin Amendment, Regulation E, PSD2/PSD3, EMD2, e-money institution licensing, and card network rules
• Experience advising on commercial contracts and regulatory issues for fintech or payments companies
• Excellent written and verbal communication skills, able to translate complex regulation into clear business advice
• A collaborative, business-oriented mindset, comfortable working across multiple teams and time zones

Nice to have

• Digital assets and crypto regulatory experience, such as VASP regimes or MiCA
• Prior in-house legal experience at a fintech company, payments company, or financial regulator

What we offer

• Unlimited time off with a 10-day annual minimum
• Flexible working arrangements, with the option to work from home, office, or hybrid; new hires receive a home workspace stipend
• For U.S. employees: 95% coverage of health, dental, and vision plan costs, 90% for dependents, and 100% company-subsidized life insurance
• 401(k) retirement plan with a 4% company match
• Equity option plan for all employees
• Monthly health and wellness stipend for gym memberships, fitness classes, massages, acupuncture, and other wellness spending
• In-office meals with DoorDash credit for those working from the office
• Team and company offsites, both domestic and international

About Rain

Rain is the global stablecoin payments platform for enterprises, neobanks, platforms, developers, and AI agents. As a Visa and Mastercard Principal Member, Rain issues cards that work at more than 175 million merchant locations in over 220 countries and territories. Backed by ICONIQ and other top-tier investors in fintech and crypto, Rain closed a $250M Series C in January 2026 at a $1.95B valuation and is trusted by more than 100 organizations worldwide.