Soma Capital Portfolio Jobs

Senior Counsel, Product and Regulatory

Ramp

Ramp

Product, Legal
New York, NY, USA
Posted on Thursday, January 18, 2024
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

As Senior Counsel, Product and Regulatory, you will help us design and bring domestic and international products to market. You will work closely with Product, Engineering, Partnerships, Marketing, Finance, and other business teams to provide legal and regulatory advice through all phases of the product life cycle. You will drive and support complex, cross-functional projects and represent the company externally in partner negotiations and regulatory matters.

What You’ll Do

  • Embed with business teams to build new fintech products and operations
  • Structure and negotiate complex partnerships with financial institutions, payment services providers, technology platforms, and other entities that provide or support financial services
  • Analyze and provide guidance on state, federal, and international regulatory, privacy, intellectual property, and marketing issues, and the implications of product development and marketing strategies
  • Draft product terms of use and privacy policies
  • Understand and advise on licensing and compliance issues
  • Support marketing teams, develop content policies, and review marketing collateral
  • Select and manage outside counsel

What You Need

  • J.D. with a strong academic background and the highest level of integrity
  • Membership in at least one state bar and ability to register as NY in-house counsel (NY Bar preferred)
  • Minimum 7 years of legal experience, with 4 years providing product, regulatory, and transactional counsel at (or for) a technology company
  • Desire to act as a legal generalist
  • Significant experience negotiating and supporting regulated partnerships
  • Proven ability to understand complex business and regulatory issues and translate them into actionable guidance
  • Ability to thrive in a fast-paced environment, handle multiple cross-functional projects simultaneously, and manage resource allocation to focus on the highest-priority needs
  • Familiarity with payments preferred
  • Experience working at a top law firm preferred

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