Legal Counsel at Betterment
Betterment is a technology-driven financial services company that offers services for spending and saving, alongside its core investing and retirement solutions. Since 2010, Betterment has had one mission: to help people make the most of their money so they can live better lives. Using cutting-edge technology, Betterment empowers its hundreds of thousands of customers to manage their money – for today, tomorrow, and someday – through personalized, expert advice; automated money management tools; and tax-smart strategies that help keep taxes low. Learn more www.betterment.com.About the Role:You are an outstanding attorney looking to join a category-creating company that is making investing smarter, easier, and more accessible for everyone. You are a problem solver with excellent legal judgment and outstanding attention to detail. You are mission-driven, business-oriented, independent, and quick to learn. You can communicate clearly and persuasively to a wide variety of audiences. You can thrive in a dynamic, technology-driven environment and are comfortable taking action in the face of ambiguity. You are eager to make an impact and are always seeking new and improved ways of doing things. You are adept at managing competing priorities and thrive building processes to standardize recurring tasks.
This role is not remote eligible. We are looking to hire this role in our NYC office location.A Day in the Life:
- Navigate legal and regulatory requirements, operational issues, and related matters
- Support Betterment for Business, our 401(k) business line, as it scales
- Evaluate and advise on legal issues pertaining to our retirement plan programs, including ERISA
- Negotiate complex commercial agreements and advise our client success and sales teams
- Build and improve our standard form agreements and legal processes
- Assist our product organization in developing and implementing new features and products, including drafting customer agreements, disclosures, and related documentation
- Help to resolve and avoid potential disputes
- Collaborate with outside counsel when necessary
- A JD, admission to a state bar, and at least 4 years of relevant in-house or firm experience
- An adaptable mindset and innate curiosity
- A bias toward action and solving problems, not just issue spotting
- The ability to take ownership over your work and manage projects independently
- Excellent writing ability
- Comfort navigating complexity and creating simplicity where possible
- Passion for Betterment’s product and mission
- Knowledge of ERISA and related regulations
- A background in negotiating commercial agreements
- Familiarity with privacy and/or information security issues
- Experience in retail financial services
- In-house experience at a startup or high growth company
Joining Betterment means belonging to a community of folks passionate about change, being on a team that cares for your well-being, and continuing on a journey of non-stop growth and evolution.
You’ll join a Community that Cares:
- Betterment is a place to bring your best self. We welcome families (and pets) for all our activities such as lunches, company retreats, and celebrations.
- Make meaningful connections with your peers through interest groups, sports clubs, social events, meetups, and regular knowledge sharing, all occurring in a remote friendly way.
- Join one or more of our 6 Employee Resource Strategy Groups as a member or an ally, and help us shape Betterment’s culture and product for years to come.
You’ll stay Happy and Healthy:
- We will ensure you're set up and cared for with a customizable workstation, enrollment in our 401(k) service, benefit packages that fit your needs (infertility and World Professional Association for Transgender Health approved benefits available), flexible parental leave, annual gym reimbursements and a whole suite of thoughtful benefits.
- You’ll have unlimited paid personal and vacation days, and a team that cares about your whole life, not just what you’re working on.
You’ll Learn & Grow:
- Enhance your skills and abilities through Betterment University courses and additional allowance for outside learning.
- As part of a team that values knowledge sharing and transparency you can opt into mentoring and career coaching programs, weekly company meetings, and show & tells.
Please note that Betterment is dedicated to providing accommodations to candidates with disabilities. If you need accommodations at any point throughout the interview process, please reach out to [email protected]What Happens Next?
We expect to take a few weeks to review all applications. If we would like to spend more time with you, you will hear from us to arrange next steps. You can expect 3-4 sets of conversations, all remote, with your future colleagues in the weeks following your application.
Throughout the interview process, we’ll look to learn more about your skills, experiences, capabilities, and motivators. Many of our interview questions will be behavioral, aimed at understanding how you might operate here at Betterment. We may ask you to complete a case study exercise or technical assessments, depending on the role, as we aim to collect a robust set of data points throughout the interview process.
On average, it takes us around 2-3 weeks to make a hiring decision, depending on your availability and sense of urgency. As a best practice, we aim to interview at least 3 final round candidates before making a hiring decision.
Please note that we’re unable to offer individual feedback during the interview process. We usually see 1,000+ applications for open positions, and our hiring team simply doesn’t have the bandwidth to offer personalized feedback to each candidate.
We recognize that interviewing for a new role is a big deal. We appreciate you giving us consideration as the next step in your career. Our Recruiting Team is here to support and advocate for you through the interview process, so please let us know how we can help.Come join us!
We’re an equal opportunity employer and comply with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law.