Lead Intellectual Property Counsel, Chime
$168.6-238.9k
+Bonus & Equity
3 days a week in office
Mobile banking for the everyday person
Be an early applicant
Mobile banking for the everyday person
1001+ employees
Be an early applicant
$168.6-238.9k
+Bonus & Equity
3 days a week in office
1001+ employees
Company mission
To make financial peace of mind a reality for millions of everyday people.
Role
Who you are
- You have outstanding professional judgment and excellent communication, interpersonal and drafting skills
- You have an ability to anticipate and deliver on the needs of a dynamic and creative business, are eager to work with cross-functional teams, have the flexibility to manage a wide range of projects with a wide variety of people, and are comfortable advising senior business leaders (including executive level management)
- A J.D. and active membership in at least one state bar
- Experience in engineering or another technical field
- Minimum of 5 years of combined law firm and in-house experience with a focus on IP and/or patent prosecution
- Admitted to the U.S. Patent & Trademark Office (USPTO)
- Experience with preparation and prosecution of US patents; preparation of infringement, validity, and freedom-to-operate opinions; client counseling
- Experience in operating with limited direction, under tight deadlines, and while managing multiple priorities
- Familiarity with fintech, technology, banking, or financial services companies
What the job involves
- We are hiring a Lead Intellectual Property Counsel to be a part of our growing legal team. In this role, you will have a unique opportunity to build and scale Chime’s patent program and influence core components of Chime’s intellectual property strategy
- Patent Portfolio Management
- Oversee and manage Chime's patent portfolio to ensure alignment with the company’s strategic objectives
- Conduct regular portfolio reviews and identify strategic areas for patenting in collaboration with R&D and product teams
- Patent Prosecution and Maintenance
- Direct the preparation and prosecution of patent applications
- Manage our relationships with outside counsel to ensure that all patent filings are of high quality and cost-effective
- IP Strategy and Advising
- Partner with Chime’s commercial legal team to negotiate and draft intellectual property agreements, including licensing, collaboration, and joint development agreements
- Provide strategic advice to senior management on patent matters and IP strategy in alignment with business goals
- Help participate in the development of Chime’s long-term strategic initiatives
- Due Diligence and IP Transactions
- Where applicable, conduct IP due diligence for any mergers and acquisitions, partnerships, or other strategic investments
- Freedom to Operate (FTO) Analyses
- Conduct and supervise freedom-to-operate (FTO) analyses, and advise on risk mitigation strategies
- Prepare legal opinions on patentability, validity, infringement, and freedom-to-operate issues
- Training and Development
- Develop and conduct training sessions for employees on relevant IP issues and best practices
- Regulatory Compliance
- Ensure compliance with all relevant IP laws and regulations
- Stay abreast of changes in patent laws and practices that may affect the company
- Cross-Functional Collaboration
- Work closely with other departments, including IT, Platform, Data Science, Marketing, Product, Risk and Customer Experience, to ensure that IP considerations are integrated into company processes
- Serve as an IP expert within cross-functional teams working on new products or business initiatives
Our take
Chime is part of the growing realm of fintech banks and providers, emphasizing straightforward, cost-effective banking solutions. It cuts the expenses tied to basic bank accounts and provides users with greater autonomy in managing their finances.
In contrast to many traditional banks that levy steep fees and hefty penalties for overdrafts while offering meager interest rates on savings, Chime addresses a crucial gap in the banking sector. Its primary focus is on catering to individuals with modest savings who seek the convenience of automated digital banking.
With a remarkable ascent in its trajectory, Chime's current valuation stands at $25.5B, a staggering $23.5B surge from its early 2019 valuation, underscoring its impressive and swift expansion. However, competition remains fierce, with other neobanks like Ally offering similar features and vying for the same customer base.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
0% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Aug 2021
$750m
SERIES G
Sep 2020
$485m
SERIES F
Total funding: $2.0bn
Company benefits
- Physical: We believe in taking care of your physical health, so as a Chimer you’ll get medical, dental, and vision insurance, as well as benefits to support your physical activity, family planning, and all of your little Chimers
- Emotional: We know that staying healthy involves a lot more than doctor’s checkups. We partner with Modern Health to help you navigate your mental health, give monthly Take Care of Yourself Days, and want you to take time off when you need it
- Financial: We want Chimers to save and feel financially supported, so we offer savings plans with competitive matching, as well as access to financial planning and legal assistance so that you can find your financial peace of mind
- Social: We’ll celebrate your milestones together with travel stipends, swag, and high-fives and make sure you’re connected to fellow Chimers through our Chime Resource Groups (CRGs) and company events
Company values
- Be member-obsessed: We are guided by a deep understanding of our members' needs and a devotion to meeting those needs at every step. We practice empoathy in everything we do
- Be human: We keep it real. We build trust and connection with our members by making them laugh, feel understood, and get inspired
- Bew bold: We dream big. We set audacious goals, tackle the hard stuff, and do things that no bank has done before. We see a broken industry and believe in our ability to change it forever
- Simplify: We start with the simplest solution and only add to it if necessary. We are famously practical and focused. Our motto is "Do Less. Faster. More often."
- Make it happen: We measure the impact of our work and push hard to hit our goals. We find ways around roadblocks. We hold each other accountable to a high bar for performance
- Respect the rules: We take seriously our obligations to regulators, partners, and the public. We move fast and push for changes without cutting corners. We risk failure if we ever break the regs
- Team up: We know great work isn't done alone. We organize into teams that leverage the different strengths we each bring. We are stronger when we have each other's backs
- Chime in: As owners, we have an obligation to speak up. We share our ideas, ask hard questions, and give candid feedback. When others chime in, we value what they have to say
Company HQ
Nob Hill, San Francisco, CA
Articles
Leadership
Chris Britt
(Co-Founder & CEO)Chris worked as an Accenture Management Consultant for 4 years before roles at CMGI, Comscore Networks, and Visa. They left their position as an SVP of Corporate Development at Green Dot Corporation to co-found Chime in November 2012.
Ryan King
(Co-Founder)Ryan worked at Plaxo for 8 years, first as Lead Engineer and then working their way up to VP of Engineering & COO. They went on to be CTO & Vice President at Comcast Silicon Valley Innovation Centre before co-founding Chime.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Diversity, Equity & Inclusion at Chime
Erica Johnson (Head of Diversity, Equity, and Belonging)
- Https://medium.com/life-at-chime/its-a-chimed-life-meet-erica-johnson-our-new-head-of-diversity-equity-and-belonging-6f911b837678
- Https://medium.com/life-at-chime/the-value-of-buy-in-from-leadership-how-our-crg-exec-sponsors-make-chime-and-our-crgs-a-f2996aa4c41a
- Https://medium.com/life-at-chime/scaling-crgs-how-diversichime-helps-grow-our-crgs-with-intentionality-and-intersectionality-28af791a5148
- Https://medium.com/life-at-chime/the-cost-of-being-yourself-a4265f3e5a6e
- Https://medium.com/life-at-chime/chimehers-chimes-in-the-role-of-female-role-models-696702e81daa
- Https://medium.com/life-at-chime/chimers-chime-in-the-importance-of-being-out-at-work-883870d5d3c
Share this job
View 32 more jobs at Chime