About Altruist
Altruist is a fast growing fintech company that's transforming the financial advice industry. Our mission is to make financial advice better, more affordable, and accessible to everyone. We’re a modern custodian built exclusively for registered investment advisors (RIAs). As we disrupt legacy custodians and revolutionize the $100T RIA market, we're seeking exceptional individuals to join our team. If you embody our core values of kindness, brilliance, and grit, and are passionate about making a meaningful impact, we want to hear from you!
About the position
Altruist is entering an exciting phase, and we're looking for an Assistant General Counsel to join our growing Legal Team. As the 2nd member of our in-house legal team, you will take ownership of commercial contracts, NDAs, broker-dealer agreements, and much more. This is a high-impact position that will be instrumental in Altruist’s continued rapid growth and will have opportunities for significant career growth as well.
What you’ll do
- As our first commercial attorney, take ownership of all aspects of contracting for Altruist - draft, review and/or negotiate commercial contracts, vendor contracts, SaaS/enterprise software, facilities/real estate, professional services and supplier contracts.
- Ensure Altruist’s commercial relationships comply with applicable law, Altruist’s data privacy and security policies, relevant privacy regulations and outsourced services guidelines.
- Working closely with the contract manager, build out an enterprise-grade contract lifecycle management system and assist the procurement team in helping to implement tools, processes, training and playbooks to better manage vendor contracts and mitigate risk.
- Quickly become a leader and expert in negotiating agreements specific to our industry, including NDAs, market data agreements, data access agreements, MSDAs, model marketplace license agreements, MSLAs, mutual fund selling agreements/mutual fund distributor agreements and others.
- Help negotiate and manage all transactions for the company, including any funding rounds, M&A matters and partnership agreements.
- Partner cross-functionally with teams including compliance, finance and product.
- Identify and evaluate business and legal risks, and find creative ways to mitigate them while achieving business goals.
- Effectively distill and explain complex issues in a meaningful and effective way to a variety of cross-functional stakeholders.
- Thoughtfully prioritize workloads and competing priorities.
What you’ll bring
- J.D. degree and membership in at least one U.S. state bar
- 8+ years of legal practice experience, ideally at a leading law firm followed by in-house practice at a fintech, financial services and/or technology company as a commercial counsel
- Some knowledge of laws and regulations relevant to broker-dealers and investment advisors is required, expertise is desirable
- An excellent drafter. Sound and practical business judgment and the ability to handle ambiguity and imperfect information.
- A desire to build and set up structures and processes.
Bonus Points
- Experience as an in-house counsel at a broker-dealer and/or an asset manager is highly preferred
- Privacy experience is very helpful
- High-growth company and startup experience is helpful
Benefits
- Competitive salary and stock options
- Premium Healthcare, Dental, and Vision insurance plans
- Generous paid parental leave
- 401(k) savings plan with matching contributions
- Flexible paid time off
Total compensation includes a competitive benefits package along with equity in the form of Stock Options (ISOs). A salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.