GC and Head of Legal



New York, NY, USA
Posted on Thursday, July 13, 2023

Parker's mission is to increase the number of financially independent people. We believe we can achieve this goal by building tools that enable independent business owners to scale their businesses profitably. Our first product combines a virtual credit card system with dynamic spending limits and software tooling to help merchants grow and optimize their profitability.

We are growing very fast -- in less than five months, we grew to millions in card volume. We have a significant waitlist of customers waiting to use our product. We are looking to expand our headcount quickly to support the demand. Our investors include Solomon Hykes (founder of Docker), Paul Buchheit (founder of Gmail), Paul Graham (founder of Y Combinator), Robert Leshner (founder of Compound Finance), and many more. We have raised over $40M from top-tier fintech investors.

Key Responsibilities

  • Compliance
    • Develop, implement, monitor and maintain compliance policies and procedures
    • Undertake a review/audit of current practice and identify areas for improvement
    • Serve as primary point of contact for regulatory audits and queries
    • Conduct compliance related training for the internal teams
    • Provide advice on compliance implications of the firms entry to new markets, products and development of new risk policies and models
    • Annual risk assessment and review
    • Monitoring the continually changing compliance environment to ensure our ongoing compliance
    • Mentor and hire junior members across compliance and legal
  • Legal
    • Draft, review and advise on commercial contracts including NDAs, vendor contracts and consulting agreements
    • Review existing agreements and advise on potential risks and suggest strategies to mitigate risks
    • Review practices with regards to employment law
    • Effectively and efficiently manage relationships with outside counsel including IP, employment, tax, immigration & most importantly our banking partner

What you will bring

  • 8-10 years legal experience with a focus/specialty in the commercial landscape , with at least 3 years' experience in senior compliance role leading legal and compliance teams
  • JD Degree from an accredited law school and top academic credentials
  • Ability to work in an entrepreneurial, fast paced environment and provide leadership as we continue to grow
  • Excellent problem solving and communication skills that allow you to make clear recommendations that will help us achieve our business objectives
  • Ability to mentor and manage junior compliance/legal staff
  • Worked previously with management on managing entry to new markets, an expanding product suite and workforce.