Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Position Overview

  • Location Type: Remote
  • Job Type: Full-Time
  • Salary: Not Specified

Acorns is seeking an experienced attorney to join their team as an Associate Counsel / Counsel to support growing business operations with a focus on contracts and process improvement. This role offers an opportunity to leverage legal expertise to provide strategic guidance to key stakeholders in Marketing, Procurement, Technology, and Finance teams, while managing a high-volume contract workflow. The position also aims to drive legal excellence through innovative approaches, including the use of AI tools to enhance efficiency and accuracy.

This role is full-time and has the option to be remote within the United States. Work sponsorship is not available for this role.

Requirements

  • JD with strong academic credentials from an accredited U.S. law school.
  • Admission in good standing with at least one state bar, preferably California or New York.
  • 2+ years of relevant legal experience, including substantial contract drafting and negotiation experience.
  • Excellent written and verbal communication skills with the ability to explain complex legal concepts to non-legal stakeholders.
  • Highly organized and detail-oriented, with the ability to manage multiple priorities in a fast-paced environment while aligning with business objectives.

Responsibilities

  • Draft, review, and negotiate a wide range of commercial agreements with a focus on MSAs (including SaaS agreements), vendor agreements, marketing partnerships, and promotional terms and conditions.
  • Collaborate with other members of the global legal and compliance team to advise on a wide range of financial wellness products and marketing campaigns.
  • Drive innovation in legal operations by designing and implementing creative solutions that balance enterprise risk, including:
    • Standardizing templates, communications, playbooks, and approval workflows.
    • Leveraging emerging legal technologies to enhance efficiency.
    • Developing communications and operational systems for global growth.
  • Proactively communicate issues back to global leadership and drive thoughtful business, legal, and operational processes throughout the organization.
  • Anticipate and navigate regulatory developments in the dynamic fintech landscape.
  • Handle other legal matters and projects as assigned.

Company Information

At Acorns, the focus is on looking after the financial best interests of the up-and-coming. Acorns fosters a culture of innovation, bold decisions, and curiosity, inspiring team members to push past previous thresholds of possibility. They aim to build a diverse community of team members, partners, and customers to foster creativity, challenge conventional thinking, and put the tools of wealth-making in everyone’s hands. Acorns seeks missionaries rooted in purpose to join their team, working towards a shared purpose and mission: "With benevolence and courage, we look after the financial best interests of the up-and-coming; beginning with the empowering, proud step of micro-investing."

Acorns' values guide their actions:

  • Lead With Heart: Inspire yourself and others with compassion, integrity, and tenacity to move past all previous thresholds of possibility.
  • Make Bold Decisions: Be optimistic, adventurous, and courageous in creating a new world and leaping fearlessly into the future.
  • Always Build Trust: Be transparent and reliable, fostering a sense of ownership and teamwork.
  • Never Stop Growing: Embrace change as a constant, staying hungry, curious, and relentless in the pursuit of progress.
  • Find a Way: Never settle, embrace challenges with no excuses, and make the impossible happen.

Acorns invites individuals to join them in helping to deliver financial wellness for the whole family, creating compound growth at every life stage.

Skills

Legal expertise
Contract management
Process improvement
Stakeholder guidance
Legal strategy
Business operations

Acorns

Micro-investing platform for everyday users

About Acorns

Acorns simplifies investing for everyday people, particularly those new to investing or preferring a hands-off approach. Its main product is a micro-investing platform that allows users to invest spare change from everyday purchases. For instance, if a user buys a coffee for $2.50, Acorns rounds up the purchase to $3.00 and invests the $0.50 difference. This makes investing accessible for those without large sums to invest upfront. Acorns also offers retirement accounts, checking accounts, and educational resources to help users make informed financial decisions. Unlike many competitors, Acorns operates on a subscription model, charging users a monthly fee based on the level of service. The company also partners with brands to provide cashback rewards that are automatically invested into users' accounts. Acorns aims to make investing easy and accessible, helping clients grow their financial knowledge and wealth.

Irvine, CaliforniaHeadquarters
2012Year Founded
$491.2MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees

Benefits

Healthcare
401(k)
Equity
Competitive Compensation
Flexible Paid Time Off
Learning & Development
Wellness
Flexible Work Hours
Quarterly Team Outings
Personal Development Plans
Annual Compensation Reviews
Recognition

Risks

Increased BNPL usage among Gen Z may reduce their investment capacity with Acorns.
Unpredictable IPO market could affect Acorns' public offering plans and valuation.
Privacy concerns may hinder adoption of Acorns' payment solution for kids.

Differentiation

Acorns offers micro-investing by rounding up purchases to invest spare change.
Partnerships with Vanguard and BlackRock provide Acorns users access to diversified portfolios.
Acorns collaborates with financial experts like Suze Orman for trusted financial advice.

Upsides

Acorns plans to go public, potentially increasing its market presence and resources.
The 'great wealth transfer' could expand Acorns' user base among younger investors.
Collaboration with Google Wallet targets younger audiences, enhancing long-term customer retention.

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