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Head of Legal and Compliance

We're solving EDI

At Stedi, we’re rebuilding the technological backbone of the B2B economy. Trillions of dollars flow annually through a global network of commerce via an archaic protocol called Electronic Data Interchange (EDI), but there hasn’t been a major new EDI platform in decades.

In the healthcare sector, the Health Insurance Portability and Accountability Act of 1996 (HIPAA) requires that all insurance carriers exchange transactions such as claims, eligibility checks, prior authorizations, and enrollments using a standardized EDI format called X12 HIPAA. A small group of legacy clearinghouses process the majority of these transactions, offering consolidated connectivity to carriers and providers.

Stedi is building the world’s only API-first clearinghouse. By offering modern API interfaces alongside traditional real-time and batch EDI processes, we enable both healthcare technology businesses and established players to exchange mission-critical transactions.

Stedi has lightning in a bottle: engineers and designers shipping products week in and week out; a lean business team supporting the company’s infrastructure; passion for automation and eliminating toil; $71 million in funding from top investors like Stripe, Addition, USV, Bloomberg Beta, First Round Capital, and more.

What we’re looking for

Stedi is hiring a Head of Legal and Compliance to ensure that we maintain a high bar for excellence across our product, partnerships, and business operations in our next phase of growth. You will be responsible for a broad range of issues related to product development and commercialization as well as the day-to-day legal and compliance operations of fast-growing startup.

What you'll do

  • Be responsible for helping Stedi deliver products that are compliant with laws and contractual commitments to our customers and other partners, particularly around HIPAA and other relevant regulations.

  • Manage the legal and regulatory elements of the design, build, and execution of our products, including advising on new and emerging legal and regulatory developments impacting products and interpreting how existing laws apply to new technologies.

  • Support the sales and procurement teams by managing contract reviews, leading negotiations, and advising on a wide range of commercial and legal issues, as well as managing company-wide contracts throughout the lifecycle.

  • Draft and maintain Stedi’s agreements and playbooks. Lead and contribute to projects to improve internal processes and operational efficiencies.

  • Monitor corporate compliance with state and federal laws where the company operates. Prepare and file annual reports, licenses, and other regulatory documents. Organize, maintain, and update corporate documents, including incorporation documents, contracts, and resolutions.

  • Liaison. Act as a point of contact for legal and regulatory inquiries related to corporate administration. Manage relationships with external legal counsel, regulatory agencies, and other external parties as required.

Who you are

  • A JD degree and membership in at least one U.S. state bar

  • 6+ years of relevant experience in a firm and fast-paced in-house roles

  • A proven deal lawyer with significant drafting experience

  • Experience advising on healthcare and corporate compliance

  • Familiarity with counseling teams that are building technical software products

  • Ability to independently manage many concurrent open threads without dropping balls; exceptional organizational skills and attention to detail

  • Excellent communicator and strong interpersonal skills, with the ability to partner effectively with all levels of the organization and external parties

Stedi is an equal-opportunity employer. We do not discriminate on the basis of any status protected under federal, state, or local law.

At Stedi, we're looking for people who are deeply curious and aligned to our ways of working. You're encouraged to apply even if your experience doesn't perfectly match the job description. We are an equal opportunity employer and do not discriminate on the basis of any status protected under federal, state, or local law.

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Full-time, remote
DATE POSTED
June 18, 2024

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