Commercial Counsel

Plaid•San Francisco, CA

About The Position

We believe that the way people interact with their finances will drastically improve in the next few years. We’re dedicated to empowering this transformation by building the tools and experiences that thousands of developers use to create their own products. Plaid powers the tools millions of people rely on to live a healthier financial life. We work with thousands of companies like Venmo, SoFi, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. Plaid’s network covers 12,000 financial institutions across the US, Canada, UK and Europe. Founded in 2013, the company is headquartered in San Francisco with offices in New York, Washington D.C., London and Amsterdam. We help enable Plaid’s goals by drafting and negotiating all varieties of Plaid commercial agreements, including sell-side/go-to-market (GTM), buy-side (procurement), product partnerships, and consumer data access. We advise our business partners on commercial strategies and narratives regarding core and insight products, with a goal of accelerating revenue creation while appropriately addressing and mitigating legal and business risks.

Requirements

Juris Doctorate
Law firm and/or in-house legal experience drafting and negotiating technology-focused services agreements involving sensitive data and fast-paced stakeholders.
Excellent communication and relationship-building skills.
Strong organization, task management, and process-focused approach.

Nice To Haves

Experience supporting a large sales organization on revenue-generating agreements.
Experience with customers who are in regulated industries ( e.g. , public sector; healthcare)
Fluency in negotiating with sophisticated enterprise and regulated financial institution customers.
Both in-house and law firm experience.
Experience with complex ( e.g. , high value, sophisticated parties, emerging technologies, sensitive data) technology transactions on counterparty paper.
Strong understanding of state and federal data privacy laws and industry standards.

Responsibilities

Review and negotiate revenue-generating agreements, including our Master Services Agreement (MSA) and its associated product-specific terms and commercial-focused order forms.
Be a principal Legal partner to business stakeholders of all levels regarding the practical contours of their commercial transactions.
Help our team continue to evolve our processes, templates, and strategies relative to changing industry and regulatory standards and expectations.
Independently negotiate and close significant GTM deals with sophisticated Enterprise and large Fintech clients, including on counterparty paper.
Develop and maintain a strong understanding of Plaid’s products and privacy positions, particularly in relation to evolving industry and regulatory expectations.
Build deep relationships with key business and legal stakeholders, fostering open lines of feedback.