Senior Associate Attorney
Posted on 7/19/2023
M1 Finance
All-in-one money management app
Chicago, IL, USA
Experience Level
Desired Skills
Legal & Compliance
  • 5-7 years of legal experience within the corporate/commercial department of a financial institution (fintech, bank, CRA) or law firm supporting financial institutions. Either Broker-dealer, fintech or banking experience is a must-have. Preference given to those with 2 or more
  • JD and admitted to practice in the U.S
  • Excellent experience drafting, negotiating, and managing commercial deals
  • Excellent experience leading negotiations (both internally and externally) while understanding the multifaceted legal issues presented
  • Demonstrates strong and independent experience working with several business partners for various products and services - and empowered to make decisions
  • Demonstrates strong and independent experience negotiating and closing complex commercial agreements, including SaaS, BaaS, or other technology transactions
  • Exceptional judgment and integrity, demonstrating a steady hand while handling multiple complex contracts matters on tight deadlines
  • Detail oriented, organized, and ability to provide legal expertise within the context of business objectives
  • Strong knowledge of financial industry regulatory landscape, such as FINRA, SEC, CFPB, OCC, and FTC
  • Sound decision-making in the face of ambiguous information
  • An applicant who truly embodies the M1 Values (see below)
  • Partner with M1's product colleagues to negotiate, document and advise on strategic enterprise decisions, initiatives, and any necessary agreements. In order to be a successful product counsel, you must be comfortable with daily interaction with the business, comfortable with making decisions with limited oversight from management, and someone who adheres to deadlines
  • Own the commercial contracting process (including TPRM) from beginning to approval, and be able to provide sound and pragmatic legal advice on commercial legal matters for cross-functional product partners
  • Product legal counsel. Ingrain yourself within M1's suite of products and each team associated. Become their legal beacon, from the very beginning to end. Any new concept, new product, etc., goes through you and your interpretation of the laws, to ensure utmost compliance with the respective rules and regulations
  • Review, draft, negotiate and interpret a wide variety of commercial contracts including vendor agreements (such as SaaS and other license agreements), master and professional services agreements, non-disclosure agreements, consulting services agreements, business referral agreements, event space and marketing and promotional agreements
  • Contract drafting, negotiation and advisory responsibilities for M1's direct to consumer products, third-party platform partnerships and business development teams
  • Provide legal and strategic business advice to help develop a comprehensive, long-term risk-based approach to M1's extensive portfolio
  • Commercial transaction support across the Enterprise
  • Administration and resolution of legal issues and contract interpretation matters that arise in existing commercial relationships
  • Chart out and develop M1's future contract management platform to drive continuous improvements, scalability and operational excellence in contract negotiation processes and execution
  • Contribute to various internal knowledge management initiatives, including building template agreements and contract intake flows, presentations and training initiatives to drive efficiency in contract completion and vendor onboarding allowing M1 to continue to scale in a risk appropriate manner