Soma Capital Portfolio Jobs

Summer 2024 | Legal Internship

Ramp

Ramp

Legal
New York, NY, USA
Posted 6+ months ago
About Ramp

Ramp is the ultimate platform for modern finance teams. Combining corporate cards with expense management, bill payments, vendor management, accounting automation and more, Ramp's all-in-one solution is designed to save businesses time and money, and free finance teams to do the best work of their lives. Our mission is to help build healthier businesses, and it’s working: over 15,000 businesses on Ramp to save an average 5% and close their books 8x faster.

Founded in 2019, Ramp powers the fastest-growing corporate card and bill payment platform in America, and enables tens of billions of dollars in purchases each year.

Ramp's investors include Founders Fund, Stripe, Citi, Goldman Sachs, Coatue Management, D1 Capital Partners, Redpoint Ventures, General Catalyst, and Thrive Capital, as well as over 100 angel investors who were founders or executives of leading companies. The Ramp team comprises talented leaders from leading financial services and fintech companies—Stripe, Affirm, Goldman Sachs, American Express, Mastercard, Visa, Capital One—as well as technology companies such as Meta, Uber, Netflix, Twitter, Dropbox, and Instacart. In 2023, Ramp was named Fast Company’s #1 Most Innovative Company in North America, LinkedIn’s #1 Top Startup in the U.S., a CNBC Disruptor, and a TIME100 Most Influential Company.

About The Role

We’re looking for a Legal Intern to join our team for Summer 2024 in NYC. You will embed with the business and work closely with your legal colleagues and partners in Product, Engineering, Sales, Marketing, Security, and other teams to provide advice on legal and regulatory requirements throughout product life cycles.

You will support complex, cross-functional projects that involve a range of legal and business issues at the intersection of technology and financial services. Our ideal candidate is interested in technology and financial services, is cross-functional and able to work closely with non-lawyers, and is eager to pitch in wherever necessary. This includes brushing up on new and unfamiliar areas of law and regulation, handling operational work, and getting to know the ins and outs of the business.

What You’ll Do

  • Provide legal research and analysis for licensing requirements (e.g., money transmission, lending, and servicing and collections licenses), regulatory issues (e.g., privacy and financial regulation), and/or international expansion (e.g., Canada, Europe, etc.)
  • Support marketing teams, develop content policies, and review marketing collateral
  • Assist in NDA and marketing reviews, compliance reporting, and dispute analysis
  • Create content and train internal teams on legal topics including product development, intellectual property, privacy, and financial regulation
  • Collaborate with internal stakeholders on various cross-functional projects
  • Develop recommendations that understand and balance risk

What You Need

  • Current law student (1L or 2L)
  • Attend a top-ranked law school or have demonstrated academic excellence
  • Available for a 2-3 month summer commitment
  • High level of intellectual curiosity
  • Willingness to roll up your sleeves and get your hands dirty
  • Eagerness to work independently without extensive supervision
  • Ability to communicate easily and effectively

Nice to Haves

  • Experience at a tech company, in financial services, and/or as a paralegal, or have other relevant experience
  • Interest in startups, fintech, and/or other technology-related issues.

Compensation

  • The hourly rate for this internship in NYC is $65 USD + housing stipend

Ramp Benefits

  • M2 Macbook Air
  • Catered Lunches in NYC office Tuesdays, Wednesdays and Thursdays

Benefits (for U.S.-based full-time employees)

  • 100% medical, dental & vision insurance coverage for you
    • Partially covered for your dependents
    • One Medical annual membership
  • 401k (including employer match on contributions made while employed by Ramp)
  • Flexible PTO
  • Fertility HRA (up to $5,000 per year)
  • WFH stipend to support your home office needs
  • Wellness stipend
  • Parental Leave
  • Relocation support
  • Pet insurance