Commercial Counsel, DailyPay
$133-194k
Salary dependent on location. + Equity
On-demand pay platform
Job no longer available
On-demand pay platform
501-1000 employees
Job no longer available
$133-194k
Salary dependent on location. + Equity
501-1000 employees
Company mission
To build a new financial system that starts working, the minute work starts.
Role
Who you are
- 3+ years of legal experience, including practicing in a corporate area at a top law firm and/or in-house experience in a technology-related or start-up environment
- Familiarity with data privacy law (preferred but not required)
- Superb leadership, interpersonal, verbal, and written communication skills
- Ability to multi-task, prioritize, and independently manage a high volume of work
- Ability to move fast and thrive in a dynamic, fast-paced environment with a growing team
- Sound legal judgment, commercial awareness, and business acumen
- Highest degree of professionalism, integrity, and ethical judgment
- Juris Doctor degree from an ABA-accredited, nationally recognized top law school and admission to the New York bar
What the job involves
- DailyPay is seeking a high-performing, collaborative, and enthusiastic attorney to provide transactional and legal support to DailyPay’s fast-growing, dynamic business, focusing on commercial contracts and other corporate matters
- The attorney will be a valuable member of DailyPay’s legal team and will work closely with various DailyPay departments, including compliance, policy, finance, product, marketing, procurement, information security, people operations and sales
- Draft, review, and negotiate a broad range of complex agreements and documentation to support DailyPay’s evolving business, including master services agreements, sales contracts, consulting agreements, marketing-related agreements, statements of work, referral contracts, sponsorship agreements, technology licensing agreements, partnership agreements and privacy policies
- Create and update DailyPay’s form templates and contracts
- Ensure that DailyPay’s policies and procedures are followed and that all transaction documentation complies with company policies and applicable laws and regulations, including data privacy and data security requirements
- Provide legal and regulatory support to senior management and other company stakeholders
- Collaborate in the development of business processes and procedures to help scale DailyPay’s business
Our take
DailyPay hopes to transform the financial system through providing enterprises with on-demand pay solutions, including a raft of market-leading products and programs.
The fast-growing on-demand pay sector is fuelled both by added financial stressors for employees post-pandemic, and a real employee appetite for on-demand pay - in addition to hopes it will combat the draw of predatory payday loans. Multiple surveys suggest over half consider it an attractive benefit. This should incentivize adoption, as companies are likely to enjoy a competitive edge when it comes to employee recruitment and retention.
DailyPay’s leading reputation has, fortunately, attracted larger businesses who can take the hit, like Macdonalds, Kroger, and Lidl. The company has raised impressive funds which are cited to support domestic growth and international growth. This will allow DailyPay to invest in further product innovation.
Steph
Company Specialist
Insights
Company
Funding (last 2 of 7 rounds)
Jan 2024
$75m
LATE VC
May 2021
$175m
SERIES D
Total funding: $279.8m
Company benefits
- 401(K) with 4% match
- Unlimited PTO
- Medical, Dental & Vision Plans
- Annual Learning Stipend
- DailyPay for DailyPay
Company values
- Do Your Research - Knowledge is power. Study, internalize and research so you can have a well-reasoned view. It’s about being prepared but also understanding that your view can change and evolve as you continue to do your research.
- Start Simple - When taking on something new, the key is to just get started. Don’t worry about automating everything, or having the perfect answer. Start simple. Test, learn, iterate.
- See The Circle - Every DailyPayer is part of this bigger mission and we are all working towards the same goal. Regardless of what you’re working on, you have a circle of colleagues that surround you. Involve them early and often, because it will make us stronger.
- Pull The Wagon - Winning takes teamwork, ambition and diligence, not egos. Pitch in and do whatever it takes to move the company forward. Leaders pull the wagon alongside the team. They don’t direct orders from it. Set the example. You’ll also probably learn more by doing so.
- Move The Line - Every day, in everything you do, challenge yourself and move the line. Push your own boundaries by focusing on incremental improvement. Be forward-thinking. Embrace change and innovation.
- We Win With Diversity - Diversity is more than just the sum of our many parts. It’s our superpower — not just the right thing to do, but how we win. Whether through our diversity of background, experience, opinions, or views, it’s how we build a sustainable business.
- Act Like An Owner - Decisions are creative opportunities for expansiveness. Be greedy for the best long-term outcome, even if it causes short-term sacrifice. Act with purpose and invent the future. Be maniacally focused on building the best long-term solutions for our stakeholders.
Company HQ
Financial District, New York, NY
Articles
Founders
Kevin Coop
(CEO, not founder)Previous President, North America for Dun & Bradstreet and Group Exec and President at Black Knight. Was also the President of the Financial Services Division at Verisk.
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