Legal Counsel Director, Sift
$250-335k
OTE
+ Equity
Fraud prevention
Open for applications
Fraud prevention
201-500 employees
Open for applications
$250-335k
OTE
+ Equity
201-500 employees
Company mission
Sift's mission is to help everyone trust the internet.
Role
Who you are
- JD required. Bar admission and in good standing in at least one US state (bonus if CA or NY)
- Minimum of 10 years of legal experience, including with B2B SaaS commercial transactions (combination of law firm and in-house preferred)
- Solid understanding of data protection laws (e.g., GDPR, CCPA/CPRA) as they apply to online data and relate to commercial transactions
- Demonstrates a creative mindset and proactive in finding solutions / improving our team and the business generally
- Able to pragmatically provide guidance and counsel
- Experience in online fraud prevention or FinTech a plus
- Experience in other substantive legal areas (corporate governance, employment, litigation, intellectual property) is a plus
What the job involves
- Sift is looking for a Director, Legal Counsel to join our Legal & Compliance team as the most senior attorney on the team
- In this role, you will report to our Chief Financial Officer and work closely with our Chief Executive Officer
- You will be responsible for a variety of transactional needs, and will contribute to our legal strategy as we grow and scale domestically and internationally
- As a member of a small team, you will have significant opportunities for professional development - this is an ideal role for someone with a strong background in commercial (customer and vendor) contracts who would also like to grow in other legal areas
- We are a small and proactive team that aims to execute quickly, but thoughtfully, always balancing risk with business objectives
- You will lead the legal function with an emphasis on commercial contracts, with responsibility to manage a contracts manager and drive our more complex transactions with Sift’s enterprise clients and partners
- You will also help us think through and put the processes and tools in place to scale the function
- Due to the nature of our business (online fraud prevention), the role requires a strong understanding of B2B SaaS and online data and related data protection issues
- In addition, you should have an interest in growing into a more generalist role over time, as bandwidth permits, assisting in other legal areas such as product counseling, employment, international subsidiary management, M&A/fundraising, intellectual property and corporate governance
- Lead our commercial function, focusing on customer and strategic partner agreements, and also ensuring our vendor management processes are appropriate
- Serve as a strategic business partner to review, draft, and negotiate a range of domestic and international commercial agreements, particularly focusing on our SaaS-based online fraud prevention services for enterprise level customers and channel partners (e.g., referral, reseller, distributor, integrated marketplaces)
- Help our team develop ways in which to scale our team, whether it is through processes, playbooks, tools, training and AI automation
- Expand into other legal substantive areas initially by managing the relationship with outside counsel (e.g., product/privacy counseling, international expansion, corporate governance, intellectual property, employment)
- Have a customer-centric, proactive approach by providing practical, decisive guidance across functions that balances business objectives and legal risk
Our take
As eCommerce sales are growing, so - unfortunately - is payment fraud. In a landscape where over 80% of first-time shoppers with smaller merchants are concerned about data security, retailers have to find ways to earn trust.
Sift is one company that sets out to prevent digital fraud by verifying customer identities and payment methods. It gives its clients, that include Twitter, McDonalds, Harry’s, DoorDash and Poshmark, the ability to confidently gain trust from their customers.
Worldwide, Sift serves tens of thousands of websites and apps. Building on its growth and successful fundraising efforts, the company acquired longtime partner Chargeback, and has now made a partnership with payabl to bring AI-driven fraud prevention to European merchants.
Steph
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Apr 2021
$50m
SERIES E
Mar 2018
$53m
SERIES D
Total funding: $156.8m
Company benefits
- Competitive total compensation package
- 401k plan
- Medical, dental and vision coverage
- Wellness reimbursement
- Education reimbursement
- Flexible time off
Company HQ
Financial District, San Francisco, CA
Leadership
Jason Tan
(Executive Chair & Founder)Having studied at the University of Washington, Jason spent almost 3 years as a Zillow Software Design Engineer, before joining Optify and working as CTO of BuzzLabs for a year. They founded Sift in June 2011, serving initially as CEO and since January 2021 as Executive Chairman.
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