General Counsel

Company: Parafin Inc.
Location: San Francisco
Posted on: November 15, 2024

Job Description:

About Us:At Parafin, our mission is to grow small businesses. Small businesses are the backbone of our economy, yet banks do not have their back. Parafin is a technology company that builds infrastructure which enables small businesses to get easy access to financial services via platforms they sell on. Parafin's first set of products offer capital-as-a-service for online platforms. Parafin currently powers the capital programs for platforms and payment processors ranging from Series B to post-IPO companies such as DoorDash, Amazon, Worldpay, Mindbody, Fullsteam, Guesty, Xplor, and Quilt.We are a tight-knit team coming from organizations such as Stripe, Square, Plaid, Coinbase, Robinhood, Affirm, Uber, and CERN, and are excited both about helping small businesses grow and thrive, and build products that leaders at top companies have started to use every day to grow their platforms. We are backed by prominent venture capitalists such as Ribbit Capital, Thrive Capital, GIC, Index Ventures, Green Oaks Capital, and SV Angel and have raised more than $94M in equity and $200M in debt.About the PositionParafin is seeking an experienced and dynamic General Counsel (GC) to lead and oversee all legal functions. As General Counsel, you will play a key role in managing legal risk and navigating Parafin through a complex regulatory environment across multiple jurisdictions. You will provide strategic legal advice to senior management, help build and scale the legal team, and work closely with internal stakeholders to guide business decisions with legal implications.What You'll Be Doing:Leadership & Strategy:

• Lead Parafin's legal team, ensuring legal risks are effectively managed across all business operations.
• Collaborate with the executive leadership team to align legal strategy with business goals.
• Serve as a trusted advisor to the founders, board of directors, and senior management on legal, regulatory, and governance issues.
• Build and manage a high-performing, diverse legal team, ensuring the team can support Parafin's rapid growth and scaling efforts.Regulatory & Compliance:
  • Oversee regulatory compliance programs, ensuring adherence to financial services regulations across multiple jurisdictions (e.g., lending, banking, privacy, data security).
  • Anticipate and address new regulations that could impact the business.Contracts & Transactions:
    • Lead legal negotiations for high-value contracts and partnerships.
    • Support Parafin's business development and product teams in structuring, drafting, and negotiating key agreements.Litigation & Disputes:
      • Manage litigation, disputes, and investigations that may arise in the course of Parafin's business activities.
      • Oversee the development of risk mitigation strategies and responses to regulatory inquiries and enforcement actions.Corporate Governance:
        • Ensure best practices in corporate governance for Parafin's board of directors and shareholders.
        • Provide legal guidance on securities law and public company readiness, including preparations for potential IPO and related filings.Intellectual Property:
          • Oversee Parafin's intellectual property portfolio, ensuring the protection of proprietary technology and trademarks globally.
          • Collaborate with product and engineering teams to develop IP strategy and manage patent filings.Employment & Internal Policies:
            • Advise on employment law matters, internal policies, and employee-related legal issues.
            • Ensure the development and implementation of ethical practices and compliance policies throughout the organization.What We're Searching For:
              • Juris Doctor (JD) degree from an accredited law school.
              • Member in good standing of a state bar.
              • 10+ years of experience, including prior experience as General Counsel or Deputy General Counsel at a fast-paced, high-growth company.
              • Strong background in fintech, financial services, regulatory compliance, and corporate governance.
              • Extensive experience managing legal teams across multiple geographies, ideally in a technology or financial services company.
              • Proven track record of managing complex regulatory environments and leading high-stakes negotiations.
              • Excellent judgment, communication, and leadership skills.What We Offer
                • Salary range: $275k - $350k
                • Competitive Equity Grant
                • Medical, dental, & vision insurance
                • Unlimited PTO & work from home flexibility
                • Free lunches & snacks
                • Commuter benefits
                • Paid parental leave
                • 401(k)
                • Employee assistance programIf you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact us.
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Keywords: Parafin Inc., San Francisco , General Counsel, Legal , San Francisco, California