Commercial Counsel, Stripe
$178.2-267.2k
More information about location
A financial infrastructure platform for businesses
Job no longer available
A financial infrastructure platform for businesses
1001+ employees
Job no longer available
$178.2-267.2k
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- Intellectually curious and a creative problem solver - Stripe’s products and our industry are complex and ever evolving - you should relish learning new things and finding creative solutions to challenging problems
- Self starter with a bias for action - you are proactive and have a strong sense of ownership
- Clear and concise communicator (in written and verbal forms), who can distill the key risks and explain complex, nuanced issues in plain and simple terms
- Natural collaborator, able to guide cross-functional teams and drive to a win-win solution
- Familiar with the range of legal issues and commercial risks that arise in connection with hosted data and technology services
- Team player who is willing to do what it takes to contribute to the collective success
- Qualified with good standing membership in at least one US state bar with a JD degree or foreign equivalent; and
- 4+ years of relevant experience in-house or in a technology practice group in a top law firm
Desirable
- Experience working in payment or fintech industries and knowledge of associated regulatory issues
- In-house experience advising high growth companies
- Working knowledge of data protection laws such as CCPA, GDPR, and HIPAA
- Fluency in Spanish or Portuguese at a business level
What the job involves
- Stripe is looking for an exceptional transactional lawyer to join our commercial legal team supporting our fast growing business in North America
- Support the AMER Sales team, leading negotiations and advising on a wide range of commercial and legal issues
- Work closely with Product Legal to bring new products and features to market
- Be an integral part of the build out of Stripe’s commercial legal infrastructure so that we can scale and operate efficiently at pace with Stripe’s exponential growth - this work includes drafting and maintaining Stripe’s agreements and playbooks, leading and contributing projects to improve internal processes and operational efficiencies
- Work with teams across Stripe, including sales, operations, product, tax, and risk groups
- Develop and deliver training and other resources to help the Sales team sell our products; and
- Be a point of escalation for outside counsel
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payments option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist at Welcome to the Jungle
Insights
-5% employee growth in 12 months
Company
Funding (last 2 of 13 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company HQ
SoMa, San Francisco, CA
Leadership
Patrick Collison
(Content Strategist)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
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