Commercial Counsel, Flex
$164-201k
+ Equity
More information about location
3 days a week in office
Flexible rent payment application
Open for applications
Flexible rent payment application
501-1000 employees
Open for applications
$164-201k
+ Equity
More information about location
3 days a week in office
501-1000 employees
Company mission
Flex's mission is to empower as many renters as possible with flexibility over their most significant recurring expense.
Role
Who you are
- We are seeking an experienced commercial counsel with a background in commercial finance or fintech (or both!) to join our in-house counsel team
- 3 - 5+ years of combined experience at a top-tier law firm and in-house legal department, with a focus on commercial and corporate matters and some experience across general legal matters
- Experience with consumer lending, structured finance and/or asset-based lending
- Background in fintech, payment or proptech industries is a plus
- Experience with complex technology transactions and partnerships with financial institutions
- Firm grasp of state and federal data privacy laws and industry standards
- Coachable, with a willingness to learn and improve
- Persistence, drive and a goal-focused mindset as you own projects from initiation to completion
- Strong attention to detail and ability to effectively prioritize tasks within a fast-paced environment
- Ability to work independently and as part of a team
- A bias for action, clear and concise communication skills, and a willingness to prioritize what truly matters
- JD from an accredited law school and member in good standing of a US state bar
What the job involves
- As Commercial Counsel, you will be a key, early member of Flex’s growing Legal & Compliance team
- Your primary mission will be to support Flex’s commercial contracting function from proposal to signature
- You’ll also partner directly with the VP Legal to provide general legal support to our cross-functional business partners, including finance, treasury, privacy, corporate governance, dispute resolution, and employment matters
- This rare opportunity is ideal for an entrepreneurial candidate, as you will be empowered to “think like an owner” and build materials and processes from the ground up, in collaboration with the VP Legal and business owners
- Your manager will be intensely focused on your development, and how to make Flex an accelerant for your skill-building and career
- Optimize, oversee and maintain all aspects of the company’s customer and vendor contracting cycles, including the negotiation and drafting of services, sales, and other commercial agreements
- Develop solutions to scale Flex’s legal capabilities by leveraging training and technology
- Help build the foundation of a best-in-class legal team, including our in-house commercial function
- Maintain a strong understanding of Flex’s products and privacy positions, particularly in relation to evolving industry and regulatory expectations
- Keep the department and business apprised of new laws and regulations that could have an impact on the company’s commercial business, both regionally and nationally
- Voice your opinion and a drive for continuous improvement
- Close strategic deals by finding pragmatic solutions to any issue you encounter
- Adapt to change in a fast paced, dynamic environment
Our take
Many people struggle to pay their rent every month, with a variety of bills hitting their bank accounts simultaneously. Whilst many of these people earn enough money to cover their bills, the inflexible nature of monthly bills can make the all-in-one payment a harder obstacle.
Flex provides a mobile application for the flexible payment of rent, allowing users to pay their landlords through flexible payment plans, reschedule payments when necessary, and protect their funds through Overdraft Protection. The company achieves this by partnering with estate agents and paying their resident's bills upfront, taking on the challenges that landlords would normally have due to late payments.
Flex has experienced extremely rapid growth since its founding which has caused some issues, as it struggled to keep up with the surge in new customers. Having made improvements to its product and scaled its customer service team, it is set to continue providing a service that has come to be highly valued by both tenants and landlords.
Freddie
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Feb 2022
$160m
SERIES C
Apr 2021
$46.6m
SERIES B
Total funding: $225.1m
Company benefits
- 100% company-paid medical, dental, and vision
- 401(k) + company stock options
- Unlimited paid time off + company paid holidays
- Parental leave + IVF and adoption support
- Flex Cares Program: Non-profit company match + pet adoption coverage
- Pet Insurance
- Free Flex subscription
Company HQ
Midtown Manhattan, New York, NY
Leadership
Shragie Lichtenstein
(CEO)Experience working in venture capital investments for Point72 and TVC. Also co-founded Boundless Reality.
YeTong Shao
(CPO)Experience as Data Science Researcher. Also co-founded Boundless Reality.
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