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Assistant General Counsel, Contracts

2 months ago


San Francisco, United States Social Finance (SoFi) Full time

Employee Applicant Privacy Notice


Who we are:


Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance. We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we're at the forefront. We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world.


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 you'll do:


  • 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 SoFi's financial policies and strategies
  • Understand business requirements and SoFi's 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

What you'll 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 the New York or California bar required
  • 3+ years of experience in representing issuers and/or underwriters in structured finance ABS transactions, warehouse facilities and whole loan sales from either a top tier law firm or as in-house counsel
  • 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

Compensation and Benefits


The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location.


To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page


SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.


The Company hires the best qualified candidate for the job, without regard to protected characteristics.


Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.


New York applicants: Notice of Employee Rights


SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com.


Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.


Internal Employees


If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.

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