Senior Counsel, MoneyLion
Commercial and Product
$180-220k
4 days a week in office (Chelsea, NY )
The all-in-one mobile banking experience
Job no longer available
The all-in-one mobile banking experience
201-500 employees
Job no longer available
$180-220k
4 days a week in office (Chelsea, NY )
201-500 employees
Company mission
To give everyone the power to make their best financial decisions.
Role
Who you are
- We are seeking an attorney who enjoys wearing multiple hats, proactively takes on new responsibilities and is excited by the challenge of providing legal services at a dynamic, fast-growing fintech company
- JD Degree from an accredited law school and license in good standing to practice law in at least one state bar
- 5+ years of relevant law firm or in-house experience; a mix of law firm and in-house counsel experience is preferred
- Ideal candidate has scaled revenue operations doing B2B or B2B2C commercial agreements in fintech / regulated consumer-facing financial services industry
- Sharp analytical skills, diligent, proactive, and collaborative, and have demonstrated excellent legal and business judgment and strategic thinking
- Comfortable in dynamic, fast-paced environments, with an entrepreneurial spirit and willingness to roll up your sleeves and do the work
What the job involves
- MoneyLion is seeking a business-minded, execution-driven Senior Counsel, Commercial and Product to join our legal team
- Draft, review and negotiate a variety of complex commercial agreements to support MoneyLion’s evolving business, including master services agreements, sales contracts, consulting agreements, marketing agreements, referral agreements, statements of work, sponsorship
- Agreements, partnership agreements, vendor contracts, non-disclosure agreements, and other licensing or technology agreements
- Create and update commercial contract templates, playbooks and other resources
- Enhance the commercial contracting process through close coordination with the sales team and by leveraging new technologies to introduce efficiencies
- Partner with a range of cross-functional teams, including marketing, product, HR, business development, sales, finance, and operations, to identify and provide strategic advice on legal issues impacting MoneyLion’s products, business and customers
- Work creatively and collaboratively with the product and business teams to provide business- oriented advice and support at every step of the product life cycle, from design and development to customer support, marketing and advertising activities, and to counsel the product and business teams on applicable laws and regulations
- Draft and maintain consumer-facing legal policies, documents and related materials, including terms and conditions, product policies and disclosures, and implement related processes
- Manage day-to-day interactions with business partners, outside counsel, and other stakeholders
- Assist legal and compliance team members in other projects as needed
Our take
Managing our financial lives can be a challenge. From banking to investing, there are a plethora of institutions, products and services to choose from in the market.
Whilst legacy banks have traditionally been focused on a specific service within the financial industry, MoneyLion has built a full-service digital platform to deliver mobile banking, lending, and investment solutions. From its app, users can get a complete overview of their financial lives.
It is a neobank on the rise. Since its launch in 2013, MoneyLion has signed up over 14M users, doubled its revenue between 2020-2021 and acquired a stake in digital asset settlement provider Zero Hash, adding crypto-based investing to their platform.
However, this is a highly competitive industry and one that in the first quarter of 2023, was highly volatile. MoneyLion also has big competition against the likes of Chime, Revolut, and RobinHood. Whilst competitive and operating within an evolving space, MoneyLion is continuing on a strong path through its marketplace strategy, matching members with partner brands and saw an increase in revenue through 2023.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jul 2019
$100m
SERIES C
Jun 2018
$30m
LATE VC
Total funding: $199m
Company benefits
- Office snacks & coffee
- Daily office lunch
- Medical benefits
- Flexible working hours
- Employee discounts
- Unlimited paid time off
- Parental leave
- Company match 401(k)
- Employee referral bonuses
- Equity grants
Company HQ
Flatiron District, New York, NY
Leadership
Dee Choubey
(Founder)Dee worked at Citigroup, Goldman Sachs, Citadel, and Barclays for a combined 10 years. He left his role in Investment Banking at Barclays having founded MoneyLion in September 2012.
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