Senior Counsel, MoneyLion
Commercial and Product
$180-220k
4 days a week in office (Chelsea, NY )
The all-in-one mobile banking experience
Open for applications
The all-in-one mobile banking experience
501-1000 employees
Open for applications
$180-220k
4 days a week in office (Chelsea, NY )
501-1000 employees
Company mission
MoneyLion's mission is to empower millions in achieving their life goals by taking control of their finances. Their approach is giving people access to a comprehensive range of personalised service and products, changing the way people engage with their money.
Role
Who you are
- We are seeking an attorney who enjoys wearing multiple hats, proactively takes on new responsibilities and is excited by the challenge of providing legal services at a dynamic, fast-growing fintech company
- JD Degree from an accredited law school and license in good standing to practice law in at least one state bar
- 5+ years of relevant law firm or in-house experience; a mix of law firm and in-house counsel experience is preferred
- Ideal candidate has scaled revenue operations doing B2B or B2B2C commercial agreements in fintech / regulated consumer-facing financial services industry
- Sharp analytical skills, diligent, proactive, and collaborative, and have demonstrated excellent legal and business judgment and strategic thinking
- Comfortable in dynamic, fast-paced environments, with an entrepreneurial spirit and willingness to roll up your sleeves and do the work
What the job involves
- MoneyLion is seeking a business-minded, execution-driven Senior Counsel, Commercial and Product to join our legal team
- Draft, review and negotiate a variety of complex commercial agreements to support MoneyLion’s evolving business, including master services agreements, sales contracts, consulting agreements, marketing agreements, referral agreements, statements of work, sponsorship
- Agreements, partnership agreements, vendor contracts, non-disclosure agreements, and other licensing or technology agreements
- Create and update commercial contract templates, playbooks and other resources
- Enhance the commercial contracting process through close coordination with the sales team and by leveraging new technologies to introduce efficiencies
- Partner with a range of cross-functional teams, including marketing, product, HR, business development, sales, finance, and operations, to identify and provide strategic advice on legal issues impacting MoneyLion’s products, business and customers
- Work creatively and collaboratively with the product and business teams to provide business- oriented advice and support at every step of the product life cycle, from design and development to customer support, marketing and advertising activities, and to counsel the product and business teams on applicable laws and regulations
- Draft and maintain consumer-facing legal policies, documents and related materials, including terms and conditions, product policies and disclosures, and implement related processes
- Manage day-to-day interactions with business partners, outside counsel, and other stakeholders
- Assist legal and compliance team members in other projects as needed
Our take
Managing our financial lives can be a challenge. From banking to investing, there are a plethora of institutions, products and services to choose from in the market.
Whilst legacy banks have traditionally been focused on a specific service within the financial industry, MoneyLion have built a full-service digital platform to deliver mobile banking, lending, and investment solutions. From their app, users can get a complete overview of their financial lives.
It is a neobank on the rise. Since its launch in 2013, MoneyLion has signed up nearly 8 million users, doubled its revenue between 2020-2021 and acquired a stake in digital asset settlement provider Zero Hash, adding crypto-based investing to their platform.
However, this is a highly competitive industry and one that in the first quarter of 2023, was highly volatile. MoneyLion also has big competition against the likes of Chime, Revolut, and RobinHood. Whilst competitive and operating within an evolving space, MoneyLion is continuing on a strong path through its marketplace strategy, matching members with partner brands and saw an increase in revenue through 2023.
Freddie
Company Specialist
Insights
Few candidates hear
back within 2 weeks
-1% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Mar 2020
$25m
SERIES C
Jul 2019
$100m
SERIES C
Total funding: $254m
Company benefits
- Employee Resource Groups
- Work from home opportunities
- 💻 Home Office Equipment
- 🍴 Office Snacks & Coffee
- 💛 Medical Benefits
- ⏰ Flexible Working Hours
- ✨ Employee Discounts
- Unlimited Time Off
- 👶 Parental Leave
- 💰 Company Match 401 (K)
- 🤝 Employee Referral Bonuses
- 💼 Equity Grants
Company values
- Customers first | We always put our customers first in everything we do
- Win together | We embrace our global team and diversity of perspectives across technology, design, finance and business
- Innovation | Fast, focused, and tireless innovation is our edge
Company HQ
Civic Center, New York, NY
Articles
Leadership
Dee Choubey
(CEO)Dee worked at Citigroup, Goldman Sachs, Citadel, and Barclays for a combined 10 years. He left his role in Investment Banking at Barclays having founded MoneyLion in September 2012.
People progressing
Having founded Lone Wolf Risk Management Consulting in November 2018, Jerry joined MoneyLion as Credit Risk Advisor in February 2019. He was promoted to Head of Credit Risk in May 2019.
Having worked for Comerica Bank for 4 years and Goldman Sachs for 2, Erika joined MoneyLion as Senior Manager of Strategic Finance in September 2018. She was promoted to Head of Strategic Finance in February 2021.
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