Commercial Counsel, Current
$185-230k
+Meaningful equity in the form of stock options and Discretionary performance bonus program
Online banking & financial services
Be an early applicant
Online banking & financial services
201-500 employees
Be an early applicant
$185-230k
+Meaningful equity in the form of stock options and Discretionary performance bonus program
201-500 employees
Company mission
To build the future of banking
Role
Who you are
- JD degree
- 4+ years of relevant legal experience at a law firm, government or in-house
- Admitted to practice law in the United States
- Experience drafting and negotiating a variety of legal agreements common in banking, financial services, cryptocurrency, digital payments, digital marketing, and tech
- Strong knowledge of and/or interest in disruptive technology, financial services, or information security; prior experience working in fintech, marketing, advertising, or digital payments a plus
- Proven ability to proactively, efficiently, and accurately assess legal business risks in a fast-paced environment
- Creative legal mind with an interest in innovation
- Exceptional written and interpersonal communication skills and a track record of creating strong and trusted cross-functional relationships
- Proactive personality and eagerness to learn about the business, the industry, and new areas of the law
What the job involves
- Current’s Legal team is dedicated to providing top notch commercial, regulatory, corporate and policy advice on all aspects of the business. We are on the front line providing expertise and value on all legal and regulatory fronts to support and advance Current’s mission
- We are looking for a Commercial Counsel to join our growing Legal team
- In this role you will work closely with colleagues across multiple internal teams on a wide range of commercial, product, marketing, advertising, and regulatory/compliance issues
- You will also represent the company in dealings with external stakeholders. In addition, you will support our ambitious product roadmap and have an immediate impact on the growth of the company
- Draft, review and negotiate a wide variety of contracts, agreements, terms of service, and product partnerships
- Provide comprehensive assistance with all aspects of legal, regulatory, and compliance support for Current’s products
- Monitor legal and regulatory developments impacting products and services and work with compliance team on regulatory issues
- Help manage large-scale projects and product launches
- Take leading role in company-wide contract lifecycle management
- Create templates and playbooks
- Conduct legal research
Our take
Current is a neobank offering digital banking services, with a focus on younger generations and paycheck-to-paycheck customers. It offers a swathe of innovative services including on-demand pay and overdraft protection to people underserved by traditional institutions.
Younger customers are expected in the coming years to pivot from legacy institutions to the higher functionality and lower costs of consumer-first neobanks like Current. By netting an average customer age of 27, Current is establishing itself as a pack leader among rival but less well-funded neobanks like Step or Till.
It is also successfully competing with legacy institutions by exploiting the relatively adaptive nature of neobanking: Current has previously offered customers advanced access to stimulus checks, and is seeking to expand into crypto. The company continues to raise funding, the latest of which will help fuel growth and an accelerated path to profitability.
Steph
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Apr 2021
$220m
SERIES D
Nov 2020
$131m
SERIES C
Total funding: $392.6m
Company benefits
- Company equity
- Flexible vacation policy
- Commuter benefits
- Discretionary bonus program
- Work from home opportunities
- Medical, Dental & Vision
Company HQ
Little Italy, New York, NY
Leadership
Stuart Sopp
(Founder & CEO)Worked as a Trader for BNY Mellon and Deutsche Bank for a combined 9 years before serving as Head of Trading at Citi and Morgan Stanley. Left this role after 5 years to found Current in June 2015, working as CEO ever since.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 6 more jobs at Current