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Corporate Counsel

Buffalo Grove, Illinois, United States

Onbe, a fast-growing FinTech, bringing innovation to a rapidly growing global marketplace, stands for “on behalf.” Because that’s exactly how we work: on behalf of our clients, as their comprehensive payments partner. We transform the way payments are imagined — as an opportunity for innovation, a source of insight to customers, and a way to connect with partners around the globe!

Summary: As Corporate Counsel, you will be a vital member of the legal department, providing legal advice and guidance to all levels of Onbe on contracting, other commercial needs and proactively assessing legal risks. This is primarily a contract and commercial position. You will be responsible for drafting and negotiating various commercial contracts, including strategic partner, vendor, and client agreements. You have strong communication, negotiation, and process leadership skills to coordinate with relevant partners and ensure all contracts include provisions consistent with regulatory and business requirements. As the primary contract negotiator, you have strong negotiating skills and a solution-oriented approach. The Corporate Counsel will also assist legal department management with non-contractual matters, including providing legal advice and counsel to business units within the company on a wide variety of issues that arise in the context of commercial contracts and payments, in areas that include payment modalities, commercial terms, data security, product counseling, and regulatory matters. This position will be hybrid, with two days a week onsite in our Buffalo Grove, IL office. 

Responsibilities:

  • Draft, negotiate, review and manage strategic partner, buy- and sell-side commercial contracts
  • Familiarity with master service agreements, statements of work, SaaS agreements, and data protection agreements
  • Work with various business clients, including sales, finance, procurement, and vendor management to translate business objectives to contract drafts and manage the contract approval process
  • Effective, professional communication with partners, clients, and vendors.
  • Ensure contracts align with company policy.
  • Learn and stay informed about relevant laws and regulations related to the payments industry.
  • Participate in initiatives to improve contracting processes across Onbe and help internal partners navigate and understand those processes.
  • Corporate Governance; maintaining corporate minutes and state good standing filings
  • Responsible for CLM, including managing relationships with partners
  • Audit support as needed 

Expectations and Skills

  • The successful candidate will be a practical-minded business attorney who has a “can do” attitude, is responsible, service-driven, enthusiastic, proactive, and takes the initiative and ownership of projects.
  • Experience advancing projects in a multi-stakeholder environment and handling and prioritizing multiple tasks.
  • Excellent communication skills and interpersonal skills, both verbally and in writing.
  • Develops and maintains positive relationships with internal and external parties.
  • Ability to stay organized and multitask professionally and efficiently.
  • Outstanding writing, editing, negotiating, and analytical skills. 
  • Adaptability and willingness to work on a broad variety of legal matters and tasks, adjust to changing circumstances, and willingness to cross-train in other practice areas.
  • Ability to build consensus with business clients in a calm and professional demeanor.
  • Ability to consider different perspectives, including legal and business interests in a transaction.
  • Ability to understand sophisticated contractual issues, assess risk while exercising strong business judgment and provide clear legal advice.

Qualifications

  • College degree and a Juris Doctor from an accredited US law school and be licensed to practice law in at least one US jurisdiction.
  • 4-7 years of proven experience as an attorney working for a law firm or as in-house counsel.
  • Experience with general corporate matters and drafting general commercial contracts.
  • Experience with contract drafting and negotiation, ideally on both the sell- and buy-side.
  • Proficient in MS Office, including Word, Excel, PowerPoint, and Outlook.

 

The base salary range for this position is budgeted for $142,110-$160,000 with eligibility for an annual bonus. The actual base salary offered depends on a variety of factors, including but not limited to the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, business needs, and market demand. Our competitive benefits include medical, dental, vision, wellness, 401(k) matching, unlimited PTO, work from anywhere, generous parental leave, and more! Our job titles may span more than one career level. All candidates are encouraged to apply.

 

At Onbe, a diverse group of people, ideas, and perspectives are key to achieving phenomenal things. For over 25 years, our focus has remained on building a culture of openness and ingenuity, where employees come together to innovate and build disbursement solutions that make the lives of our clients and their consumers and workforces easier and better. Our definition of success includes celebrating differences and affirming belonging. To that end, we ask employees to come to Onbe as they are and contribute their diverse perspectives, identities, and experiences.

We believe that the recruiting phase is only the very beginning of diversity and inclusion. At Onbe, we’re constantly evolving the way we celebrate diversity every day and in everything we do. With several internal committees that are dedicated to mental and physical wellness, diversity, inclusion, and community outreach, we are committed to making a culture that is inclusive to all.

Onbe is proud to be an equal opportunity employer. We seek out ways to create a mindful workforce that embraces diversity and celebrates a culture of inclusion. We do not discriminate against employees or job applicants on the basis of race, color, ancestry, national origin, sex (including pregnancy), gender identity, sexual orientation, marital or family status, religion, age, disability, genetic information or military service. Our equal opportunity policy applies to all decisions of employment including hiring, placement, promotion or advancement, termination, layoff, recall, transfer, compensation, training and leaves of absence

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