Assistant General Counsel, Contracts

Posted 4 Days Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Fintech • Software • Financial Services
The Role
Provide commercial and technology contracting counsel across SaaS, software, data, vendor, and professional services agreements. Partner with privacy/security and procurement to manage third-party risk, develop templates/playbooks, improve contracting workflows and CLM usage, train stakeholders, and manage outside counsel to close deals efficiently.
Summary Generated by Built In
Job Summary & Responsibilities
Responsibilities include but are not limited to:
  • Contract Drafting, Negotiation & Advisory
    • Draft, review, negotiate, and advise on a broad range of technology and commercial contracts, including:
      • SaaS / Cloud Services Agreements (subscription models, service terms, SLAs, support, renewals).
      • Software Licenses.
      • Consulting & Professional Services Agreements (SOWs, change orders, milestone-based deliverables).
      • Data Agreements (data sharing, data use restrictions, data processing terms, analytics, model training restrictions where applicable).
      • Vendor/Partner Agreements involving integrations, APIs, implementation, and managed services.
    • Provide pragmatic counsel on contract structure and key negotiation points, including scope, pricing, indemnities, limitations of liability, warranties, IP ownership, confidentiality, security obligations, and termination rights.
    • Translate legal concepts into clear, actionable guidance for business partners and help drive deals to closure efficiently.
  • Risk Management & Compliance Collaboration
    • Partner with Privacy and Information Security teams to evaluate and negotiate contractual provisions regarding:
      • Data protection and privacy requirements (e.g., handling of personal and sensitive data).
      • Security controls, incident notification, audit rights, and vendor governance.
      • Subprocessors/subcontractors, cross-border considerations, and data retention/destruction.
    • Support third-party risk management processes by ensuring contracts align with internal policies and controls.
    • Identify recurring legal risks and recommend playbooks, fallback positions, and process improvements.
  • Process Improvement & Cross-Functional Enablement
    • Develop and maintain contract templates, clause libraries, playbooks, and training materials for stakeholders.
    • Drive improvements in contracting workflows, including partnership with procurement and CLM tools.
    • Provide internal training for business clients on key contract terms, negotiation strategy, and risk awareness.
  • Stakeholder Management & Leadership
  • Serve as the primary legal point of contact for assigned business units and build trusted relationships with leaders and cross-functional teams.
  • Manage outside counsel as needed for specialized matters, including cost control and quality oversight.
Preferred Qualifications
Required Skills:
  • Business judgment & pragmatism: balances legal risk with operational needs and deal momentum.
  • Negotiation strength: confidently negotiates complex deals with internal and external stakeholders.
  • Ownership & responsiveness: drives matters to closure with excellent follow-through and prioritization.
  • Collaboration: strong cross-functional partner; solution-oriented and approachable.
  • Analytical rigor: identifies key issues quickly; escalates appropriately; proposes options.
Required Experience:
  • Juris Doctor (JD) from an accredited law school and active bar membership in at least one U.S. jurisdiction (in good standing).
  • 5--10 years of relevant legal experience with substantial focus on technology transactions and commercial contracting, gained in-house and/or at a law firm.
  • Strong command of market contract positions and negotiation strategy on:
    • Indemnification (IP, data/security, third-party claims).
    • Limitation of liability (caps, carve-outs, exclusions).
    • SLAs/service credits, uptime commitments, and remedies.
    • IP rights and ownership of deliverables and custom developments.
    • Security requirements, audit rights, and incident response obligations.
    • Term/renewal, termination assistance, and transition services.
  • Excellent writing, issue-spotting, and communication skills with the ability to influence stakeholders.
Preferred Experience:
  • Prior experience in a regulated industry (financial services, healthcare, insurance, energy, etc.).
  • Familiarity with privacy/security frameworks and contractual controls (e.g., vendor security exhibits, SOC reports, audit standards).
  • Experience supporting procurement and vendor governance programs, including third-party risk management concepts.
  • Comfort with technology and product concepts (APIs, integrations, hosting models, data flows, AI/ML provisions, etc.).
  • Experience implementing or optimizing CLM systems, templates, or contracting playbooks.

Skills Required

  • Juris Doctor (JD) from an accredited law school and active bar membership in at least one U.S. jurisdiction (in good standing).
  • 5-10 years of relevant legal experience with substantial focus on technology transactions and commercial contracting (in-house and/or law firm).
  • Draft, review, negotiate, and advise on SaaS/Cloud services agreements, software licenses, consulting/professional services, SOWs, and vendor/partner agreements.
  • Draft, review, and negotiate data agreements including data processing, data use restrictions, cross-border considerations, and data retention/destruction terms.
  • Strong command of indemnification, limitation of liability, SLAs/service credits, IP rights, warranties, confidentiality, and termination/renewal terms.
  • Experience partnering with Privacy and Information Security teams on data protection, security controls, incident notification, audit rights, and subprocessors.
  • Ability to translate legal concepts into practical guidance, drive deals to closure, and exercise business judgment balancing legal risk and operational needs.
  • Negotiation strength and ownership: proven ability to lead complex negotiations and manage stakeholders to resolution.
  • Excellent writing, issue-spotting, communication, and stakeholder influence skills.
  • Experience developing contract templates, clause libraries, playbooks, training materials, and improving contracting workflows/CLM integrations.
  • Prior experience in a regulated industry (financial services, healthcare, insurance, energy, etc.).
  • Familiarity with privacy/security frameworks, SOC reports, vendor security exhibits, and third-party risk management concepts.
  • Comfort with technology and product concepts such as APIs, integrations, hosting models, data flows, and AI/ML provisions.
  • Experience managing outside counsel, including cost control and quality oversight.

Valley Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Valley Bank and has not been reviewed or approved by Valley Bank.

  • Healthcare Strength Health coverage spans medical, dental, and vision with HSA/FSA options alongside life, AD&D, disability, and EAP support. The breadth presents as a comprehensive, modern package for a regional bank.
  • Leave & Time Off Breadth Time off offerings include vacation/PTO, sick leave, and volunteer PTO. Feedback suggests these elements contribute positively to work–life balance even when base pay feels light.
  • Retirement Support Retirement programs include a 401(k) with company match and, for eligible employees, a deferred compensation plan. The presence of these programs strengthens total compensation.

Valley Bank Insights

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The Company
HQ: Morristown, New Jersey
3,595 Employees
Year Founded: 1927

What We Do

At Valley, we aren’t just your average financial institution; we're your trusted partner in building a brighter future. With a widespread presence across the U.S., we've been serving communities since 1927. For over 95 years, our team of dedicated professionals has been committed to creating better banking opportunities for our customers and fostering growth and prosperity in the communities we serve. From personalized financial solutions to comprehensive banking services, home mortgages, commercial lending, and wealth management, we're here to help you achieve your financial goals, no matter how big or small. We understand that each individual and business has unique challenges and opportunities, and we're here to listen, understand, and provide tailored solutions to help you succeed. ©2025 Valley National Bank. Member FDIC. Equal Opportunity Employer. Equal Housing Lender. All Rights Reserved.

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