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Full-Time

Associate General Counsel

Regulatory

Posted on 10/18/2024

January

January

51-200 employees

Tech-enabled debt collection platform prioritizing compliance

AI & Machine Learning
Financial Services

Compensation Overview

$185k - $240kAnnually

+ Equity Package

Senior

New York, NY, USA

Hybrid work model, requiring in-office presence 3 times a week.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • 5-8 years of experience in a legal role in a high-growth startup environment; experience in a regulated industry preferred.
  • Strong experience working closely with product and engineering teams, providing critical legal insights that shape product strategy and development
  • Comfort acting in a generalist capacity and managing a variety of legal areas, including product counseling, commercial contract review, and litigation management
  • Demonstrated ability to align legal expertise with commercial objectives, and adept in legal aspects of product innovation and market expansion
  • Demonstrated ability to navigate effectively in the ambiguous and rapidly changing environment of a growing startup
  • Exceptional verbal and written communication skills, with the ability to articulate complex legal concepts to non-legal stakeholders
  • A proactive, hands-on approach, ready to engage directly with various aspects of our business.
Responsibilities
  • Champion Legal as an Accelerant: Bring a creative, solution-oriented approach to your work. Your role will play a central part in ensuring our legal approaches go beyond compliance and demonstrate innovation, paving the way for our entry into new product lines and geographies.
  • Navigate Regulatory Complexity: Develop a deep understanding of our regulatory landscape to inform our risk philosophy and proactively guide our business, compliance, and technical teams as we navigate relevant laws and regulations.
  • Embody Excellence in Product Counseling: You’ll support our Product and Engineering teams as they develop new products and expand into new business lines, moving roadblocks and providing practical and actionable advice that’s rooted in creativity, ethics, and a growth mindset.
  • Make Commercial Transactions Seamless: Review, draft, and negotiate our sales and vendor agreements, identifying opportunities for growth and commercial advantage.
  • Create Scalable Legal and Compliance Processes: Design and implement scalable legal processes that grow alongside our team and business, including in product counseling, contract processes, and litigation management.
  • Support a Legal-Savvy Organization: Arm January’s business and product teams with the training and education to identify legal opportunities and pitfalls.

January is a tech-enabled platform that improves the debt collection process by focusing on human interaction and compliance. It serves creditors, like banks, and borrowers, ensuring that debt recovery is efficient and respectful. By using machine learning, January helps creditors recover more money while reducing risks, and it charges creditors for access to its services. The company's goal is to set a new standard in debt collection by combining advanced technology with a personalized approach.

Company Stage

Series B

Total Funding

$28M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

12%

1 year growth

54%

2 year growth

147%
Simplify Jobs

Simplify's Take

What believers are saying

  • Securing $12M in Series B funding indicates strong investor confidence and provides resources for further innovation and growth.
  • Partnerships with companies like Fairplay highlight January's commitment to ethical and humane debt collection practices.
  • The platform's ability to deliver higher recovery rates and reduced risks makes it highly attractive to creditors, potentially leading to rapid client acquisition.

What critics are saying

  • The debt collection industry is highly regulated, and any failure in compliance could result in significant legal and financial repercussions.
  • Relying heavily on machine learning algorithms may pose risks if the technology fails to adapt to changing regulatory environments or borrower behaviors.

What makes January unique

  • January leverages machine learning to enhance debt recovery rates, setting it apart from traditional debt collection agencies.
  • The company's focus on personalized, respectful interactions with borrowers contrasts sharply with the impersonal methods of conventional collection agencies.
  • January's automated compliance system ensures adherence to all relevant regulations, reducing legal and reputational risks for creditors.

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Benefits

Hybrid and remote work policy

Pet-friendly offices

Unlimited PTO

Flexible work hours

Generous New Parent Leave

Equity

Annual learning and development stipend

401k

Gym membership reimbursement

Medical, dental, and vision

Commuter benefits

Fun team events