diff --git a/discord/enums.py b/discord/enums.py
index f6f114136..16391236c 100644
--- a/discord/enums.py
+++ b/discord/enums.py
@@ -42,6 +42,7 @@ __all__ = (
     'ActivityType',
     'NotificationLevel',
     'TeamMembershipState',
+    'TeamMemberRole',
     'WebhookType',
     'ExpireBehaviour',
     'ExpireBehavior',
@@ -521,6 +522,13 @@ class TeamMembershipState(Enum):
     accepted = 2
 
 
+class TeamMemberRole(Enum):
+    owner = 'owner'
+    admin = 'admin'
+    developer = 'developer'
+    read_only = 'read_only'
+
+
 class WebhookType(Enum):
     incoming = 1
     channel_follower = 2
diff --git a/discord/team.py b/discord/team.py
index 6d441078e..cc2de039c 100644
--- a/discord/team.py
+++ b/discord/team.py
@@ -27,7 +27,7 @@ from __future__ import annotations
 from . import utils
 from .user import BaseUser
 from .asset import Asset
-from .enums import TeamMembershipState, try_enum
+from .enums import TeamMemberRole, TeamMembershipState, try_enum
 
 from typing import TYPE_CHECKING, Optional, List
 
@@ -130,14 +130,19 @@ class TeamMember(BaseUser):
         The team that the member is from.
     membership_state: :class:`TeamMembershipState`
         The membership state of the member (e.g. invited or accepted)
+    role: :class:`TeamMemberRole`
+        The role of the member within the team.
+
+        .. versionadded:: 2.4
     """
 
-    __slots__ = ('team', 'membership_state', 'permissions')
+    __slots__ = ('team', 'membership_state', 'permissions', 'role')
 
     def __init__(self, team: Team, state: ConnectionState, data: TeamMemberPayload) -> None:
         self.team: Team = team
         self.membership_state: TeamMembershipState = try_enum(TeamMembershipState, data['membership_state'])
-        self.permissions: List[str] = data['permissions']
+        self.permissions: List[str] = data.get('permissions', [])
+        self.role: TeamMemberRole = try_enum(TeamMemberRole, data['role'])
         super().__init__(state=state, data=data['user'])
 
     def __repr__(self) -> str:
diff --git a/discord/types/team.py b/discord/types/team.py
index 83ed08137..a39693f88 100644
--- a/discord/types/team.py
+++ b/discord/types/team.py
@@ -24,7 +24,7 @@ DEALINGS IN THE SOFTWARE.
 
 from __future__ import annotations
 
-from typing import TypedDict, List, Optional
+from typing import Literal, TypedDict, List, Optional
 
 from .user import PartialUser
 from .snowflake import Snowflake
@@ -35,6 +35,7 @@ class TeamMember(TypedDict):
     membership_state: int
     permissions: List[str]
     team_id: Snowflake
+    role: Literal['owner', 'admin', 'developer', 'read_only']
 
 
 class Team(TypedDict):
diff --git a/docs/api.rst b/docs/api.rst
index ac24b9b8b..ee38964ed 100644
--- a/docs/api.rst
+++ b/docs/api.rst
@@ -2849,6 +2849,31 @@ of :class:`enum.Enum`.
 
         Represents a member currently in the team.
 
+.. class:: TeamMemberRole
+
+    Represents the type of role of a team member retrieved through :func:`Client.application_info`.
+
+    .. versionadded:: 2.4
+
+    .. attribute:: owner
+
+        The team member owns the team. This allows them to do everything with the team, including destructive actions.
+
+    .. attribute:: admin
+
+        The team member is an admin. This allows them to invite members to the team, access credentials, edit the application,
+        and do most things the owner can do. However they cannot do destructive actions.
+
+    .. attribute:: developer
+
+        The team member is a developer. This allows them to access information, like the client secret or public key.
+        They can also configure interaction endpoints or reset the bot token. Developers cannot invite anyone to the team
+        nor can they do destructive actions.
+
+    .. attribute:: read_only
+
+        The team member is a read-only member. This allows them to access information, but not edit anything.
+
 .. class:: WebhookType
 
     Represents the type of webhook that can be received.