Commercial Counsel

The Commercial Counsel at Tremendous is primarily responsible for drafting, reviewing, and negotiating various commercial agreements, including client agreements, vendor contracts, and partner agreements. This role ensures compliance with contractual obligations and collaborates closely with multiple teams to address client needs while aligning contracts with business objectives.

Candidates for the Commercial Counsel position at Tremendous should have a minimum of 3+ years of legal experience focused on contracts, ideally in-house or at a law firm that serves technology or financial services clients. A background in fintech, payments, or familiarity with Contract Lifecycle Management (CLM) software is strongly preferred to thrive in this role.

The Commercial Counsel supports Tremendous' business goals by managing and streamlining contracts, providing legal advice tailored to the fintech and payments sectors, and assisting with cross-functional projects. This ensures that contracts are not only legally sound but also enable the company to meet its operational objectives efficiently.

Tremendous fosters a remote-first culture that emphasizes efficiency, flexibility, and fulfilling work. The high-documentation, low-meeting environment allows for a more productive focus on essential tasks, enabling you to balance professional responsibilities with personal life seamlessly.

As a Commercial Counsel at Tremendous, you’ll have great opportunities for professional growth. By playing a critical role in shaping legal processes and policies, you can enhance your skills in negotiation and legal compliance while contributing to a profitable and growing company.

When drafting a commercial agreement, it's crucial to understand the business needs, identify potential risks, and ensure compliance with applicable laws. Demonstrating an ability to balance these factors while serving the client's best interests is key to effective contract drafting.

Managing conflicting priorities requires strong organizational skills. I prioritize tasks based on urgency and impact, communicate effectively with stakeholders about timelines, and remain flexible to adjust as necessary while ensuring all deadlines are met.

In one negotiation, I faced a client insisting on terms that were outside our company’s policy limits. I approached this by addressing their concerns directly, offering alternative solutions that still met their needs while protecting our interests, ultimately leading to a successful agreement.

Compliance is vital in contract management. I ensure all agreements meet regulatory requirements and align with our company policies. Keeping abreast of changing laws is essential so I can proactively advise on any necessary contract adjustments.

To ensure clarity for non-legal stakeholders, I focus on using straightforward language and include explanations for complex legal terms. I also make myself available for questions and offer summaries that highlight the key points relevant to their roles.

I leverage Contract Lifecycle Management (CLM) software to streamline workflows and improve efficiency in contract management. Tools that automate tasks, track revisions, and facilitate collaboration are essential in today's fast-paced environment.

I stay updated on regulatory changes in fintech through continued education, attending industry-related webinars, and being active in professional networks. Subscribing to legal publications also helps in keeping informed about critical shifts in standards and practices.

I draft templates and negotiation guidelines collaboratively, incorporating input from sales and operations teams to ensure they are practical and cover common scenarios effectively. This maximizes efficiency and reduces negotiation time on standard agreements.

Team collaboration is extremely important in my role. Engaging with various departments aids in understanding collective objectives, ensuring contracts fulfill not just legal standards but also business needs and operational efficiency.

If a contract isn't being followed, my approach is to first openly communicate with the involved parties to understand their perspectives. After identifying the root cause, I would work collaboratively to resolve any issues, ensuring both compliance and project continuity.