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Posted almost 2 years ago

FloatMe is a rapidly growing venture-backed startup with a vision to make financial prosperity equitable for everyday Americans. The platform helps members with Floats of up to $50 to help with unexpected expenses, and tools to better understand their finances. Since our launch in March of 2020, we’ve helped our members avoid over $100M in overdraft fees alone and we’re just getting started. With an ambitious roadmap and exponential growth on the horizon, if you are energized to make an impact and ultimately serve our members, FloatMe is the perfect place to land.

 

Important:
  • Position is remote friendly for candidates living in United States
  • We are currently unable to do Visa sponsorship for this role


We are looking for an excellent General Counsel to add value to and be the “backbone” of our business. You will ensure that company operates within the law at all times, offer counsel on legal issues, create an effective guardian of the organization and facilitate business strategies development. The successful candidate will be able to ensure legal compliance and limit risk exposure.

 

Responsibilities
  • Provide expert and strategic legal advice to management
  • Provide guidance on regulatory landscape
  • Deal with significant legal matters
  • Deal with external parties (other counsel, regulators, etc.)
  • Handle contract review and any legal questions
  • Draft agreements that minimize risks and maximize legal rights
  • Supporting People Ops & Finance with employment and regulatory concerns
  • Serve as a partner with Product (designing new products within the existing legal frameworks, beta agreements, CCPA, disclosure agreements)
  • Partner with Ops to create and redesign processes for contract reviews (what’s the level that needs review, etc).
  • Board meetings - will take minutes and draft board consents
  • eSOP issuance and managing Carta
  • Keep abreast of legislative changes

Requirements

  • Proven general counseling experience in business environment
  • 7-10 years of experience in legal field
  • General corporate law experience, general policy experience
  • Familiarity with general business law or corporate law, employment law, tax compliance
  • In-depth understanding of how legal issues affect organizations
  • Ability to develop legal strategy and objectives
  • Well-versed in how business operate with financial acumen
  • High degree of professional ethics, integrity and gravitas
  • Flexible mentality - not completely risk adverse
  • Experience working with external counsel
  • General experience working with senior leadership (ability to coach/explain legal things in laymans terms)
  • Ability to anticipate legal issues or risks that might arise in the future
  • BSc degree in Law or J.D. degree
  • An active license to practice law in at least one US state (preferably NY, CA, DE, TX, VA, MD)

 

Nice to Have

  • Experience working with startups, strongly preferred
  • Experience with Fintech (preferred), Insure tech, medtech, or other highly regulated industry
  • Experience working with company boards (board consents, explaining policies, etc)

Benefits

  • Flexible hours, option to work from home (Note: during COVID-19 we are taking precautionary measures and working to accommodate individual employee needs)
  • Health insurance
  • 401(k)
  • Team outings (lunches, happy hours, games, and more)
  • Opportunities for growth and professional development
  • Unlimited PTO
  • Reports to: CEO and COO
  • Salary: $200,000- $250,000 (dependent on experience)