Corporate Counsel, Virta Health
Governance
$173.9-195.8k
+ Offers Equity
More information about location
Diabetes reversal treatment
Be an early applicant
Diabetes reversal treatment
501-1000 employees
Be an early applicant
$173.9-195.8k
+ Offers Equity
More information about location
501-1000 employees
Company mission
To reverse diabetes and obesity in one billion people.
Role
Who you are
- Licensed attorney in at least one U.S. state, with 5+ years privacy experience
- Varied legal experience, including law firm, startup and public company roles in the healthcare industry
- Articulate problem solver with expert knowledge of corporate security and public company reporting requirements as well as knowledge of healthcare regulations, including corporate practice of medicine, telemedicine, fraud and abuse rules
- Extremely practical, business oriented approach to practicing law within a company setting
- Exceptional written and verbal communication skills, including the ability to communicate to all organizational levels
- Excellent project management, drafting (clear and streamlined), negotiation and interpersonal skills
- Positive attitude with ownership and accountability mentality
- Virta’s company values drive our culture, so you’ll do well if:
- You put people first and take care of yourself, your peers, and our patients equally
- You have a strong sense of ownership and take initiative while empowering others to do the same
- You prioritize positive impact over busy work
- You have no ego and understand that everyone has something to bring to the table regardless of experience
- You appreciate transparency and promote trust and empowerment through open access of information
- You are evidence-based and prioritize data and science over seniority or dogma
- You take risks and rapidly iterate
What the job involves
- In this role you will be an important strategic advisor for the company
- You will be a key member of the legal team and will partner with leaders across the company to manage corporate governance matters, SEC compliance and corporate practice of medicine and other healthcare regulatory matters
- You will be responsible for establishing and maintaining a work environment focused on delivering high quality customer service and one that fosters respect, positive communication, collaboration, and teamwork
- This role reports to the Chief Legal Officer
- You will be part of a collegial legal team, and will have significant exposure to core elements of the business while you operate as a trusted advisor to the company’s stakeholders
- There will be significant opportunity to use your expertise in the areas of corporate governance, securities and private and public company related regulatory frameworks as you lead these critical matters for the company
- You will play a key role in building a commercially-oriented culture in the legal team that works collaboratively with the rest of the organization to help keep Virta safe while it grows, prepares for a future as a public company and achieves its mission
- Manage the company’s corporate governance and compliance with private and public company reporting obligations. Track the evolving legal landscape in state and federal government, and provide practical guidance for ongoing compliance. Develop, evolve and oversee policies and frameworks that enable compliance throughout the company
- Work closely with the company’s Executive Team and Board of Directors, including preparation of materials and legal advice for committee and other meetings. Maintain books and records, and coordinate with transfer agents and other third parties
- Draft and review proxy statements and annual reports. Manage shareholder communications and prepare materials for meetings
- Provide internal training and build policies around insider trading, corporate disclosures and other SEC rules, effectively translating legal advice into meaningful guidance for innovative business teams
- Partner with clinical and product teams on regulatory aspects of digital health platform development and operations, advising on corporate practice of medicine, fraud and abuse, and other regulatory schemes
- Support stock-based compensation programs and equity matters. Advising finance and People teams on all aspects of equity administration
- Within your first 90 days at Virta, we expect you will do the following:
- Onboard and become a SME on Virta products and services
- Meet with Key Stakeholders
- Support internal clients in process and policy development and training, as appropriate
- Review Key Legal Documents and Policies
- Learn Virta’s current governance and equity programs and engage with stakeholders to evaluate pain points and opportunities
Our take
Much of the care for type 2 diabetes has been based on control and prevention, rather than a direct reversal of the issue. Virta Health is changing that, providing patients with personalized treatment plans, virtual monitoring and patient care.
Instead of depending upon medication, which often needs to be increased over time, the company is tackling the problem at its root and taking a fundamentally different approach that is better for the patient, and more economical for insurers. Among enrolled patients in its clinical trial at one year, 60% achieved diabetes reversal.
While platforms like Vida Health also serve similar markets, the large number of prediabetic (88M) and diabetic (30M) Americans presents a significant opportunity for growth. Along with its significant funding round in 2021 fueling its efforts to expand the reach of its telehealth-powered diabetes reversal treatment. Positioning the company for widespread adoption and continued success in addressing this critical healthcare challenge.
Steph
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$133m
SERIES E
Dec 2020
$65m
SERIES D
Total funding: $373m
Company benefits
- Remote-first work environment with ability to work from home
- Flexible work hours & time off policy
- Virta pays 99% of all employee health insurance premiums, and 75% for all dependents
- Up to 16 weeks paid parental leave
- Enroll in the Virta treatment for free and give a discount to friends and family
- Internet, home office, learning & development stipends
- Employee Resource Groups like Parents of Virta, Ladies of Virta, and Virtans for DEI
- 401K and ROTH contribution opportunities
Company HQ
Civic Center, Denver, CO
Leadership
Sami Inkinen
(Co-Founder & CEO)Worked on Microsoft’s strategy team for MS Office, and as a consultant for McKinsey & Company within the software, telecommunications, and government sectors. Co-founder of online real estate marketplace Trulia, serving as its COO until its IPO and eventual sale to Zillow Group.
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