Promise

General Counsel

Washington, District of Columbia, United States

$206,000 – $242,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, LegalIndustries

Requirements

Candidates must possess a Juris Doctor (JD) from an accredited law school and an active bar membership. They should have over 10 years of experience in legal practice, particularly in technology, compliance, and regulatory law. A proven track record of managing complex legal matters and providing strategic counsel to senior management is essential. Experience in high-growth technology or compliance-driven industries is preferred, along with the ability to oversee compliance across various domains, including data protection and intellectual property. Excellent communication and interpersonal skills are required, as well as a proactive approach to problem-solving in a fast-paced environment.

Responsibilities

The General Counsel will oversee and manage all aspects of contract negotiations, including service agreements and vendor contracts. They will provide strategic legal guidance and leadership to ensure compliance with applicable laws and regulations. The GC will identify potential legal risks and provide solutions to mitigate them while collaborating with business development, product, and engineering teams on new initiatives. Additionally, they will design and implement compliance programs and policies to adhere to legal requirements and industry best practices, ensuring that the legal team provides timely guidance across departments.

Skills

Contract Negotiation
Regulatory Compliance
Risk Management
Legal Strategy
Contract Management
Vendor Contracts
Licensing Agreements
Strategic Partnerships
IP Protection

Promise

Software solutions for government-citizen interactions

About Promise

Promise offers software solutions that improve how governments interact with their citizens, focusing on aid distribution and rebate systems. Their technology helps identify vulnerable community members and streamline income verification, increasing access to benefits while reducing fraud. The PromisePay Platform provides affordable payment options for low-income households facing public services debt. The company aims to create a respectful and efficient relationship between governments and citizens, ensuring everyone can access necessary resources.

Key Metrics

Oakland, CaliforniaHeadquarters
2017Year Founded
$46.8MTotal Funding
SERIES_BCompany Stage
Data & Analytics, Government & Public Sector, Social ImpactIndustries
51-200Employees

Risks

Competition from fintech companies could erode Promise's market share.
Changes in government policies may impact demand for Promise's services.
Economic downturns could reduce funding for programs Promise supports.

Differentiation

Promise partners with utilities and government agencies for flexible payment options.
The company uses advanced technology for quick and reliable income verification services.
Promise's solutions are SOC 1, SOC 2, and PCI-DSS compliant, ensuring high security.

Upsides

Increased adoption of digital payment solutions boosts demand for PromisePay.
AI-driven outreach methods enhance customer engagement in the public sector.
Focus on data privacy aligns with Promise's security compliance, increasing client trust.

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