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Senior Commercial Counsel - West (Remote)

Who We Are

Having surpassed $200M ARR and continuing to grow rapidly, AuditBoard is the leading audit, risk, ESG, and InfoSec platform on the market. More than 50% of the Fortune 500, including 7 of the Fortune 10, leverage our award-winning technology to move their businesses forward with greater clarity and agility. And our customers love us: AuditBoard is top-rated on G2.com and Gartner Peer Insights.


At AuditBoard we inspire each other to innovate and are proud of what we are producing. We spend each day thinking of new ways to help our customers and contribute to the greater good of our company and our surrounding communities. We are all about assisting each other and breaking through barriers to create the most loved audit, risk, ESG, and InfoSec platform by our customers. This is how we have become one of the 500 fastest-growing tech companies in North America for the sixth year in a row as ranked by Deloitte!

Why This Role is Exciting

As Senior Commercial Counsel at AuditBoard, you will be an integral member of AuditBoard’s expanding legal team and will primarily be responsible for the Western Region of the US focused on Enterprise deals and will support two to three Area Directors and their teams. Your role will be responsible for independently leading legal negotiations with customers and providing general guidance on various transactions including subscription agreements, vendor agreements, and partner agreements. You will also have the opportunity to shape key initiatives designed to streamline AuditBoard’s contracting process as the company scales.

Attributes for a Successful Candidate

  • 8+ years of in-house transactional experience in a role that requires direct interaction with potential customers, vendors, partners, and internal stakeholders and executives from sales to information security

  • 5+ years of experience negotiating SaaS agreements, Amendments, and Order Forms with enterprise customers

  • Understanding of full contract lifecycle from NDA to internal approvals through conclusion of signature process

  • Great bedside manner when working through deals (both internal and external)

  • Exceptional organizational skills and attention to detail

  • Strong communication and interpersonal skills

  • Proficiency editing and managing contracts using both Microsoft Office and Google Product Suites

  • Growth mindset, enjoys working in a fast-paced environment and managing multiple concurrent projects and tasks to completion within the required time frame

  • Team mentality with the flexibility to address unique issues in real-time and the awareness to know when to bring in others

  • Licensed to practice law and in good standing in state of residence

Perks*

  • Launch a career at one of the fastest-growing SaaS companies in North America!

  • Live your best life (LYBL)! $200/mo for anything that enhances your life

  • Remote and hybrid work options, plus lunch in the Cerritos office

  • Comprehensive employee health coverage (all locations)

  • 401K with match (US) or pension with match (UK)

  • Competitive compensation & bonus program

  • Flexible Vacation (US exempt & CA) or 25 days (UK)

  • Time off for your birthday & volunteering

  • Employee resource groups

  • Opportunities for team and company-wide get-togethers!

*perks may vary based on eligibility/location

Please note that background checks are required. Qualified Applicants with arrest or conviction records will be considered for Employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. This role may have access to highly sensitive data, including: employee data, customer data, company financials, and proprietary product information.

 

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Average salary estimate

$140000 / YEARLY (est.)
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$120000K
$160000K

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What You Should Know About Senior Commercial Counsel - West (Remote), AuditBoard

At AuditBoard, we’re not just any platform; we're the leading audit, risk, ESG, and InfoSec solution, surpassing a whopping $200M ARR! As part of our vibrant and dynamic team, you will join as a Senior Commercial Counsel, focusing on the Western Region of the US. In this role, you'll jump into the heart of enterprise negotiations, driving forward key legal conversations for our subscription, vendor, and partner agreements. Imagine shaping transformative initiatives that enhance our contracting process while working alongside supportive Area Directors! Your experience of over 8 years in-house will shine as you cultivate relationships with customers and internal teams. You’ll be the trusted navigator in complex legal waters, cutting through complexity with your exceptional organizational skills and attention to detail. What’s more, you’ll thrive in our fast-paced environment, tackling multiple projects with agility and grace. Collaborating and brainstorming with a talented team around you, this role is not only about hard work; it’s about enjoying your life with our fantastic perks! Think about comprehensive health coverage, a flexible vacation policy, and a generous monthly allowance to enhance your life. If you’re ready to contribute to something game-changing, join us in revolutionizing the audit landscape at AuditBoard.

Frequently Asked Questions (FAQs) for Senior Commercial Counsel - West (Remote) Role at AuditBoard
What are the primary responsibilities of a Senior Commercial Counsel at AuditBoard?

The Senior Commercial Counsel at AuditBoard is primarily responsible for managing legal negotiations and providing guidance on various transactions such as subscription agreements, vendor agreements, and partner agreements for the Western Region of the US. This role involves collaborating with sales teams, leading negotiations independently, and being a key part of shaping initiatives to streamline contracting processes.

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What qualifications are required for the Senior Commercial Counsel position at AuditBoard?

To be considered for the Senior Commercial Counsel role at AuditBoard, you should have at least 8 years of in-house transactional experience, with 5 years specifically focused on negotiating SaaS agreements. Additionally, you need a strong understanding of the entire contract lifecycle and excellent communication skills. Being licensed to practice law in your state of residence is also a requirement.

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How does the Senior Commercial Counsel role at AuditBoard contribute to the company's mission?

In the Senior Commercial Counsel role at AuditBoard, you play a vital part in facilitating legal frameworks that propel the company’s mission forward. By efficiently negotiating contracts and fostering positive relationships with clients and partners, you enable AuditBoard to scale its operations and execute its strategy for continuous growth while ensuring compliance and risk management.

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What kind of work environment can a Senior Commercial Counsel expect at AuditBoard?

The work environment at AuditBoard for a Senior Commercial Counsel is dynamic and empowering. With remote and hybrid options available, you can collaborate with a supportive team and manage multiple projects in an agile setting. AuditBoard values innovation and teamwork, offering an atmosphere where your ideas and contributions are recognized and valued.

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What benefits does AuditBoard offer to its Senior Commercial Counsel employees?

AuditBoard provides a wealth of benefits for its Senior Commercial Counsel employees, including comprehensive health coverage, competitive compensation with a bonus program, flexible vacation policies, and a monthly allowance for enhancing life. You’ll also enjoy time off for your birthday, opportunities for volunteering, and engaging employee resource groups!

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Common Interview Questions for Senior Commercial Counsel - West (Remote)
Can you describe your experience negotiating SaaS contracts?

When answering this question, highlight specific instances where you successfully navigated SaaS negotiations. Discuss your approach to understanding client needs, the strategies you employed to overcome challenges, and any measurable outcomes from those negotiations.

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How do you handle conflicting priorities in a fast-paced environment?

Use examples from your past to illustrate how you prioritize your workload effectively. Mention the tools or strategies you use for organization and how maintaining open communication with stakeholders has helped you manage conflicting priorities efficiently.

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What do you think is the most critical part of the contract negotiation process?

Discuss the importance of understanding both the legal implications and the client's perspective. Highlight how successful negotiations hinge on building rapport, trust, and clear communication, leading to win-win outcomes.

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How do you ensure compliance with state laws when drafting contracts?

Explain your approach to staying updated with relevant laws and regulations. You might mention working closely with compliance teams or using legal research tools to ensure your contracts align with state law while serving client needs.

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Give an example of a challenging negotiation and how you navigated it.

Use the STAR method to outline a specific situation that was challenging. Describe the task at hand, the action you took, and the positive results achieved through your strategic negotiation.

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What strategies do you use to build relationships with internal stakeholders?

Talk about the importance of collaboration and transparency. Emphasize how actively listening, providing updates, and supporting other teams can build strong working relationships that facilitate smoother negotiations.

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Describe your experience with the entire contract lifecycle.

Discuss your familiarity with each phase of the contract lifecycle, from drafting and negotiation to execution and compliance. Share how you've effectively managed any challenges throughout the process and what you learned from them.

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How do you approach drafting and reviewing contracts under tight deadlines?

Mention techniques such as prioritizing key sections, utilizing templates for efficiency, and maintaining a focus on critical compliance aspects in order to meet deadlines without sacrificing quality.

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What role does risk management play in your contract negotiations?

Highlight your understanding of risk management principles and how they inform your negotiations. Provide examples of how you've mitigated risks in past agreements and the importance of anticipating potential issues.

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How do you keep current with legal trends affecting the SaaS industry?

Share resources you utilize, such as legal publications, webinars, or professional networks that keep you informed. Mention any proactive steps you've taken to adapt your practices to changing regulatory environments.

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AuditBoard transforms how audit, risk, and compliance professionals manage today’s dynamic risk landscape with a modern, connected platform that engages the front lines, surfaces the risks that matter, and drives better strategic decision-making.

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Full-time, remote
DATE POSTED
January 9, 2025

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