Legal Counsel - Commercial

MX Technologies•Lehi, UT

12h

About The Position

MX is seeking an experienced Legal Counsel to join its relatively small, efficient Legal Team. Reporting to the VP, Legal - Commercial, this role provides legal support and guidance to commercial teams and other internal stakeholders. The position focuses on commercial transactions, product support, contract negotiation, and risk management, supporting business development and growth initiatives. The counsel will work closely with cross-functional teams and senior leadership to advance strategic objectives and mitigate legal risks. Financial services experience, including knowledge of GLBA, FCRA, and other relevant legislation, as well as working knowledge of privacy and GenAI matters, are welcome additional qualifications. The role supports MX’s commercial operations, including enterprise procurement, sales, marketing, and business development, and advises the product team on new and existing products in a regulated financial services environment. It also involves drafting and negotiating commercial agreements, advising on legal and regulatory issues, developing contract processes, training business partners, and managing external counsel. The position does not accept candidates requiring sponsorship. Candidates must be US-based and authorized to work in the US without sponsorship, now or in the future. MX expresses a strong preference for local candidates able to work in its headquarters office.

Requirements

Juris Doctor (JD) degree from an accredited law school.
Active membership in good standing with the relevant state bar association.
5–7 years of experience practicing law, focused on product support and commercial transactions, preferably in a corporate legal department or law firm.
Strong understanding of contract drafting and negotiation, including the ability to draft and negotiate complex commercial agreements.
Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and senior leadership.
Ability to analyze legal issues, identify potential risks, and provide practical solutions that support business objectives.
Ability to work independently, manage multiple priorities, and thrive in a fast-paced environment.
US-based and authorized to work in the US without sponsorship, now or in the future.

Nice To Haves

Experience in financial services, particularly involving GLBA, FCRA, and other relevant regulatory work.
Experience in technology or related industries.
Working knowledge of privacy and GenAI matters.
Local candidates able to work in the MX headquarters office are strongly preferred.

Responsibilities

Provide legal support and counsel to commercial operations, with a focus on enterprise procurement, sales, marketing, and business development.
Advise the product team on new and existing products in a financial services environment with significant regulatory responsibilities.
Draft and review product support documentation and company policies.
Draft, review, and negotiate vendor agreements, customer contracts, partnership agreements, licensing agreements, and other commercial agreements.
Advise on legal and regulatory matters related to MX products, services, and commercial transactions, including data privacy, AI, contract law, intellectual property, and industry compliance.
Work with internal stakeholders to assess and mitigate legal risks related to proposed business initiatives and provide strategic recommendations.
Develop and implement contract management processes and procedures to support contractual compliance and minimize legal risk.
Train and guide business partners on contract best practices, legal requirements, and compliance standards.
Monitor changes in laws, regulations, and industry standards and advise senior management on potential implications and risk mitigation strategies.
Manage relationships with external legal counsel and other third-party advisors to support efficient and cost-effective legal services.
Support the General Counsel and senior leadership on other legal and strategic initiatives as needed.