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Senior Product Counsel, Money Products

Posted Nov 08
Full Time
New York, New York

About The Team

DoorDash's Legal Team has built a reputation within the company for our collaborative approach to counseling, always with a bias for action. We are a diverse group of lawyers with a shared passion for providing creative and excellent service to our business partners. We go above and beyond to help accelerate and protect the business, and above all else, we value each other as teammates. We're looking for a team player who can work across the legal team and the broader company. Join us!

About The Role

DoorDash is hiring an experienced Senior Counsel to join our dynamic legal team at an exciting time for our expanding business. You will be the first dedicated lawyer supporting our money products teams as we expand our existing suite of financial and payments products and launch new products to attract and support Consumers, Merchants, and Dashers on DoorDash.

You'll have a broad range of responsibilities and will own projects across the DoorDash organization that drive impact. You’ll support teams working at the intersection of technological innovation, e-commerce, and multi-sided platform marketplaces. You’ll counsel our first-in-class product, operations, engineering, compliance, and marketing teams - among others - on a range of issues including lending, credit, deposits, payments regulations, scheme rules, consumer protection, marketing, intellectual property, data privacy, and financial compliance (including KYC, AML, and financial partnership rules). You’ll partner with experts inside and outside of the organization to facilitate, close, and implement partnerships with financial institutions and other fintech partners. You’ll become an expert on our existing products and will partner with the business to problem-solve and help shape the development of new banking and financial products, services, partnerships and business lines that power local economies. (TL;DR: exciting stuff!)

You're Excited About This Opportunity Because You Will…

Be integrated with product managers, operators, designers, researchers, analysts, engineers, and others to help them solve problems and achieve business objectives while minimizing risk.Provide solution-oriented advice, strategic vision, and legal direction to a wide variety of teams from the initial stages of project development to launch.Independently develop practical guidance on issues relating to banking, bank partnerships, payments regulations, scheme rules, consumer protection, marketing, intellectual property, data privacy, and financial compliance (including KYC, AML, and financial partnership rules). Oversee outside counsel on our large strategic deals to shepard those agreements through the deal lifecycle, provide business-focused legal advice on federal and state consumer financial laws, and ensure the requisite internal policies and processes are built. Work closely with other members of the legal team - across litigation, corporate, employment, and privacy - as well as our partner law firms to ensure your business partners receive holistic and effective legal guidance across disciplines. Serve as cross-functional connective tissue and help gain consensus across the non-legal teams you work with.Build playbooks and establish processes to help scale our advice as a legal team.

We're Excited About You Because…

You have a business-first mentality, strong legal judgment, and the ability to make decisions in an ambiguous and fast-paced environment with imperfect information.You are skilled at managing a high volume of requests from a wide range of client teams and balancing competing priorities with limited direction.You have familiarity with deposits, credit, lending, earned wage access, and bank-related product counseling, including experience in a variety of banking regulations like UDAAP and Regs E, DD, W, and/or Z.You have experience working on bank partnerships, including how to effectively structure, draft, negotiate, and implement agreements with various financial institutions and partners. You have an understanding of financial services consumer protection laws and payments/card network industry rules and regulations, including BSA/AML and KYC requirements.You understand complicated areas of law and apply them to a complex business.You are a great communicator, capable of translating complex legal concepts into understandable, tactical guidance and then building consensus around it. You are committed to fostering a diverse, equitable, and inclusive work environment and have prioritized participating in DEI initiatives in past roles.You have a philosophy that no task is too big or small and an interest in learning and growth.You are a self-starter; you’re intrinsically motivated but also a good, collaborative teammate.You have interests/passions outside of work that are important to you.You have prior in-house experience.You have 8+ years legal experience in a law firm and/or in-house legal department.You have a JD & are admitted to any state bar.

Bonus Points

Previous product counseling experience.Some familiarity with insurance, loyalty, and rewards.Experience in the financial tech industry (including banking-as-a-service and/or embedded finance) or the on-demand economy.

Notice to Applicants for Jobs Located in NYC or Remote Jobs Associated With Office in NYC Only

We use Covey as part of our hiring and/or promotional process for jobs in NYC and certain features may qualify it as an AEDT in NYC. As part of the hiring and/or promotion process, we provide Covey with job requirements and candidate submitted applications. We began using Covey Scout for Inbound from August 21, 2023, through December 21, 2023, and resumed using Covey Scout for Inbound again on June 29, 2024.

The Covey tool has been reviewed by an independent auditor. Results of the audit may be viewed here: Covey

Compensation

The successful candidate's starting pay will fall within the pay range listed below and is determined based on job-related factors including, but not limited to, skills, experience, qualifications, work location, and market conditions. Base salary is localized according to an employee’s work location. Ranges are market-dependent and may be modified in the future.

In addition to base salary, the compensation for this role includes opportunities for equity grants. Talk to your recruiter for more information.

DoorDash cares about you and your overall well-being. That’s why we offer a comprehensive benefits package for all regular employees that includes a 401(k) plan with an employer match, paid time off, paid parental leave, wellness benefits, and several paid holidays.

Additionally, for full-time employees, DoorDash offers medical, dental, and vision benefits, disability and basic life insurance, family-forming assistance, a commuter benefit match, and a mental health program, among others.

To learn more about our benefits, visit our careers page here.

The base pay for this position ranges from our lowest geographical market up to our highest geographical market within California, Colorado, District of Columbia, Hawaii, Maryland, New Jersey, New York and Washington.

$190,400—$280,000 USD

About DoorDash

At DoorDash, our mission to empower local economies shapes how our team members move quickly, learn, and reiterate in order to make impactful decisions that display empathy for our range of users—from Dashers to merchant partners to consumers. We are a technology and logistics company that started with door-to-door delivery, and we are looking for team members who can help us go from a company that is known for delivering food to a company that people turn to for any and all goods.

DoorDash is growing rapidly and changing constantly, which gives our team members the opportunity to share their unique perspectives, solve new challenges, and own their careers. We're committed to supporting employees’ happiness, healthiness, and overall well-being by providing comprehensive benefits and perks including premium healthcare, wellness expense reimbursement, paid parental leave and more.

Our Commitment to Diversity and Inclusion

We’re committed to growing and empowering a more inclusive community within our company, industry, and cities. That’s why we hire and cultivate diverse teams of people from all backgrounds, experiences, and perspectives. We believe that true innovation happens when everyone has room at the table and the tools, resources, and opportunity to excel.

Statement of Non-Discrimination: In keeping with our beliefs and goals, no employee or applicant will face discrimination or harassment based on: race, color, ancestry, national origin, religion, age, gender, marital/domestic partner status, sexual orientation, gender identity or expression, disability status, or veteran status. Above and beyond discrimination and harassment based on “protected categories,” we also strive to prevent other subtler forms of inappropriate behavior (i.e., stereotyping) from ever gaining a foothold in our office. Whether blatant or hidden, barriers to success have no place at DoorDash. We value a diverse workforce – people who identify as women, non-binary or gender non-conforming, LGBTQIA+, American Indian or Native Alaskan, Black or African American, Hispanic or Latinx, Native Hawaiian or Other Pacific Islander, differently-abled, caretakers and parents, and veterans are strongly encouraged to apply. Thank you to the Level Playing Field Institute for this statement of non-discrimination.

Pursuant to the San Francisco Fair Chance Ordinance, Los Angeles Fair Chance Initiative for Hiring Ordinance, and any other state or local hiring regulations, we will consider for employment any qualified applicant, including those with arrest and conviction records, in a manner consistent with the applicable regulation.

If you need any accommodations, please inform your recruiting contact upon initial connection.

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