Associate General Counsel
The role: The Assistant General Counsel, Commercial Contracts will be responsible for providing commercial and contract advice to business units and...
The role:
The Assistant General Counsel, Commercial Contracts will be responsible for providing commercial and contract advice to business units and functions across the enterprise. This individual will provide general commercial contracts support, and counsel on other general legal matters for other parts of the SoFi enterprise as required. This position will report directly to the Vice President, Associate General Counsel.
This position is hybrid.
What youll do:
The Assistant General Counsel, Commercial Contracts will:
- Establish negotiation objectives and schedules to support and meet business requirements
- Prepare first quality negotiation documents that reflect an advanced knowledge of contract terms and conditions, legal requirements for compliance with applicable laws and regulations, and SoFis financial policies and strategies
- Understand business requirements and SoFis risk tolerance
- Support the business relationship owner to identify risks and negotiate beneficial terms
- Use highly qualified influencing skills to direct and control the negotiation schedule to meet established milestones for completion
- Maintain business focus that balances the needs of the business for profitability with ensuring the contractual terms and conditions protect SoFi and minimize risk
- Drive the negotiation to closure and reach agreement with suppliers on commercial, financial, and legal contractual issues
- Execute and finalize all documentation required for contract closure
- Develop proactive tactics and documents (internal negotiation notes, formal responses) to execute those strategies and goals in a way that will maximize profitability
- Assign, coordinate, and follow-through on the involvement of all areas of the company in a timely manner to execute the plan, such as those required for a successful Deal Committee review and approval
- Create, organize, communicate, and execute a negotiation plan to support the business requirements as they are defined and refined in a dynamic environment
- Prepare business cases and executive summaries detailing the contract negotiation schedule, issues, and risks
- Maintain open communication with the Senior Contract Manager, Procurement, Third Party Risk Management, Privacy and Information Security and the relevant function or business unit to keep them advised of potential issues or risks throughout contract development, negotiation, and conclusion
- Provide creative solutions and ideas for resolution
- Track accomplishments by using pertinent milestones and end goals
- Understand the roles and accountabilities of all contract management employees to draw upon the abilities of others in executing a contract negotiation
- Collaborate with team members to share learning and experience obtained in contract and commercial negotiations
- Prepare and deliver trainings and tool kits for the business and helps to develop contracting processes
- Strong computer skills and competency
What youll need:
- You should be an intellectually curious self-starter with strong written and oral communication skills
- JD from an accredited law school
- Active membership and good standing in an applicable bar required
- 3+ years of experience in commercial contract drafting and negotiation
- Excellent writing skills and ability to multitask and work independently
- Ability to embrace change and thrive in a fast paced environment with conflicting priorities, multiple projects and deadline pressure
- Flexibility and willingness to work on a broad range of legal matters
Nice to have:
- Fluency in Spanish or Portuguese a plus
- Experience with intellectual property law or familiarity with Artificial Intelligence legal implications a plus
- Familiarity with Ironclad a plus
- Familiarity with regulatory compliance requirements for consumer lending, banking, or other financial services a plus
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