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BettermentBetterment

Legal Counsel

Legal Counsel role supporting Betterment's corporate and commercial needs through drafting and negotiating vendor, technology, and commercial agreements, providing transaction support (M&A, securities), managing governance matters, and partnering with business teams on products and risk. Requires JD, 4+ years transactional experience, and strong business acumen.

About the job

A Day in the Life

  • Draft, review, negotiate, and interpret a wide variety of commercial agreements
  • Provide legal support for a variety of corporate transactions through all stages of the transaction lifecycle, including M&A, securities and technology transactions
  • Advise on a broad range of commercial legal issues and strategic decisions
  • Partner with business teams on the development and execution of new and existing products, initiatives, and lines of business
  • Assist in managing corporate matters, including board/shareholder matters and equity plan administration
  • Work cross-functionally to identify, investigate and manage risks across the business
  • Build and improve our standard form agreements and legal processes
  • Help to resolve and avoid potential disputes
  • Work closely with product, engineering, and our lines of business to navigate regulatory and compliance requirements, operational issues, and related matters
  • Collaborate with outside counsel when necessary

Requirements

  • JD, admission to a state bar
  • At least 4 years of relevant in-house or firm transactional experience
  • Pragmatic negotiator who knows when to hold a position and when to find the deal
  • Ability to manage competing priorities and thrive in a fast-paced, technology-driven environment
  • Willingness to build scalable processes that drive efficiencies for a lean team
  • Bias toward action and solving problems, not just issue spotting
  • Ability to take ownership over your work and manage projects independently
  • Excellent writing and communication skills, with the ability to translate legal risk into terms a non-lawyer will understand
  • Comfort navigating complexity and creating simplicity where possible
  • Collaborative mindset and innate curiosity
  • Passion for Betterment’s product and mission

Nice-to-Haves

  • Experience with Ironclad or similar contract management tool
  • Experience in retail financial services or representing financial services clients
  • In-house experience at a startup or high growth company

Compensation and Benefits

Base Salary Range: New York City: $170,000 - $185,000 (actual salaries may vary depending on factors including but not limited to location, experience, and performance; this is just one component of total compensation)

May be eligible for variable compensation in the form of a company incentive bonus.

Benefits:

  • Medical, dental, and vision coverage
  • Life and AD&D insurance
  • Short- and long-term disability
  • Infertility support and WPATH-aligned transgender health benefits
  • Employee Assistance Program (EAP)
  • Transit benefits, FSA and HSA options
  • Equity for all employees, including new hire and refresher grants
  • Flexible paid time off, paid parental leave, and a fully paid four-week sabbatical in your sixth year
  • Company-paid professional coaching for all employees
  • Day-one 401(k) match plus matching on qualified student loan payments

Skills

Contract Negotiation, Corporate Transactions, M&A, Securities Transactions, Technology Transactions, Commercial Agreements, Risk Management, Equity Plan Administration, Contract Management, Ironclad, Financial Services

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