Product Counsel, Socure
$140-175k
Offers Equity and Bonus
Digital ID verification & fraud protection
Posted today
Digital ID verification & fraud protection
501-1000 employees
Posted today
$140-175k
Offers Equity and Bonus
501-1000 employees
Company mission
To verify 100% of good identities in real-time and completely eliminate identity fraud on the internet.
Role
Who you are
- 3-5+ years of combined, relevant experience, including experience at a law firm and/or in-house for a financial institution or fintech
- Technical background in engineering, computer science, data analytics, statistics, or related areas
- Familiarity with launching products and advising on the legal and regulatory implications of technology products
- Familiarity with state and federal privacy and AI laws
- Fluency translating legal advice into actionable guidance for innovative product and business teams
- Avid interest in progressing your legal, tech and commercial knowledge, and evolving your skills in communication and advocacy
- Ability to organize, prioritize, and manage projects effectively
- Sound and practical business judgment, intellectual creativity, and communication and problem-solving skills
- A JD and active membership in at least one state bar
What the job involves
- As Identity Product Counsel, you’ll partner with our computer vision and AI innovators to develop and launch new digital identity and fraud prevention products
- You will participate throughout the product development lifecycle to advise on legal risks, establish compliance controls, and support entry to new and global markets
- Socure is an ambitious, high-growth company, so you will immediately see the impact of your contributions
- Provide legal guidance to product, data science, engineering, and sales/marketing teams on the development of our document verification and digital intelligence products. You’ll touch a wide range of laws, including privacy (especially biometrics), consumer protection, responsible AI, age assurance, and laws that regulate identity cards, numbers and authoritative data sources. You’ll also advise on model risk, machine learning bias, fair lending, and accessibility. You’ll get familiar with official privacy and identity standards relevant to government procurement and global markets
- Take a risk-based and business enabling approach. You will closely track our company and product strategies in order to manage and minimize legal risks. Maintain documentation so your guidance is easy to implement
- Advise on the commercial terms (customer and vendor agreements) that affect our products
- Draft terms of use, product and privacy policies, disclosures, customer documentation, and implement related processes
- Review external communications about our products, including to customers, the market, regulators, and the press
- Work with a dynamic and lean team of product and regulatory legal experts who are always in the middle of stimulating and novel issues. You also will be the product expert for the Legal and our Government Affairs teams, as needed to support their work in contracting, corporate and regulatory matters
- Partner with Data Acquisition & Licensing and Commercial Legal to ensure that data sources and customer contract terms for DocV and Digital Intelligence align with Socure's rights and restrictions, and that novel requirements are built into contract templates and negotiation playbooks
- Participate in Socure's privacy and data governance programs, including privacy-by-design reviews, data protection impact assessments, regulatory monitoring, and consumer-facing issues
- Support customer and prospect engagement as a subject-matter expert, including regulator, bank-partner, and customer due diligence, security and compliance questionnaires, and regulated-industry go-to-market efforts
- Handle government and regulator discussions and disclosures on compliance readiness, in coordination with Government Affairs and external counsel
- Use AI tools as part of your everyday legal workflow, including AI-assisted drafting, research, and review. Surface and help build ideas for automating repeatable legal processes
- Design training and sales-enablement resources on key legal issues for general and targeted audiences
- Monitor legal developments, and offer creative, pragmatic ideas on how the company can work within the law to pursue innovation and competitive advantage
- Special projects as they may arise in your areas of expertise
Our take
Socure is an identity platform that aims to improve customer identification for digital transactions. The company is part of a growing market, with rivals in this competitive space including Signifyd, Riskified, AppsFlyer, ClearSale, Kount, SEON, and Fraud Fighters.
The engine delivered by Socure encompasses Know Your Customer (KYC), identity fraud detection, and document verification. With it, companies can scale rapidly by onboarding more good customers and preventing online fraud. Additionally, underbanked consumers who have been excluded from online services by outdated ID verification can gain access to critical benefits and services online.
Socure has rapidly escalated in popularity and reached a valuation well over $1 billion. Though not immune from the economic downturn of late, which resulted in two high-profile rounds of lay-offs, the company has secured considerable additional funds that will strengthen its financial position as it moves to capitalise on the ever-growing importance of identity verification and trust.
Steph
Company Specialist at Welcome to the Jungle
Insights
-22% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Nov 2021
$450m
SERIES E
Mar 2021
$100m
SERIES D
Total funding: $646.6m
Company benefits
- Health: Comprehensive medical coverage, including vision, dental, and FSA
- Parental Leave: Generous leave allowance for parents-to-be
- 401k: Pre-tax savings for retirement
- Life Insurance: Protect your family in case of emergency
- PTO: Take as much time as you need, when you need it
- 100% Remote: Work from anywhere anytime, whatever suits your lifestyle
- WFH Allowance: Generous reimbursement program to maximize your WFH setup
- Deskpass: Work in an office environment whenever you feel the need
- Mental Health Provider: Connect with clinicians when you need it
- Learning & Development: Self-education allowance & free career coaching
- Employee Assistance Program "EAP": Lifestyle resources available as well as additional mental health resources
- Fertility Provider: Family planning solutions for those interested
- Personal Legal Support: Significant discounts with RocketLawyer
Company HQ
Incline Village, NV
Leadership
Johnny Ayers
(Founder & CEO)Founder & General Partner of Switch Hit Ventures. Having been a Senior Consultant at IBM, they became COO and Board Member of Endeavor Up. Since then, was an Advisor at Pager and later founded Socure in 2012.
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