As a Contracts Associate at Unit, you will be responsible for supporting the high-volume contracting function within our legal team. Your duties will include reviewing and drafting contractual documentation, managing the contract lifecycle from initiation to execution, collaborating with various departments, and maintaining thorough records of contracts. This role is crucial for ensuring compliance with applicable laws and regulations while facilitating smooth contract execution.

To apply for the Contracts Associate role at Unit, you should have at least 4 years of experience in managing commercial contracts and retail banking agreements. A background as a contract manager, paralegal, or a J.D. is ideal. Understanding contract law, strong attention to detail, and proficiency in contract management tools are also essential qualifications that will help you succeed in this position.

Collaboration is key for the Contracts Associate at Unit. You will work closely with various departments to facilitate contract drafting, negotiation, and execution. Building strong relationships with cross-functional teams ensures that everyone is aligned and that the contracts reflect the company's goals and compliance requirements.

The work environment at Unit for a Contracts Associate is dynamic and fast-paced, reflecting our commitment to innovation and collaboration. You’ll enjoy a flexible part-time schedule, typically 20-25 hours per week, while being part of a passionate team focused on creating a more equitable financial ecosystem. This role allows you to work both independently and with others, making it perfect for professionals who thrive in a high-growth setting.

A Contracts Associate at Unit should possess strong knowledge of contract law, specifically regarding deposit account and payment services provisions. Familiarity with regulatory matters affecting digital banking, as well as principles of risk management, will be critical in ensuring compliance and preventing potential legal issues during the contracting process.

When answering this question, highlight specific contracts you’ve managed, your role in the process, and any unique challenges you faced. Illustrate how you ensured compliance with applicable laws and regulations and any efficiencies you introduced to the contract lifecycle.

Discuss your familiarity with relevant laws and regulations. Explain how you stay updated on changes in legislation and how you apply this knowledge to draft compliant documents, including any processes you follow for reviewing contracts for legal compliance.

Share your preferred methods for organization and time management. Mention specific tools or techniques you use to prioritize tasks effectively, such as making lists, using project management software, or adapting your approach based on deadlines or contractual urgency.

Explain your approach to conflict resolution, including communication strategies. Provide examples of past experiences where you effectively negotiated terms and reached satisfactory agreements for all parties involved.

Highlight your ability to simplify intricate legal language for clarity. Discuss methods such as using analogies or visuals, and provide examples of how you have successfully trained or communicated with non-legal staff on contract-related topics.

Prepare a specific case study from your past experience where you were instrumental in creating a contract. Discuss your drafting process, how you collaborated with stakeholders, any negotiations you conducted, and the final outcome to demonstrate your skills.

Discuss the resources or networks you engage with, such as legal journals, industry publications, or professional organizations. Highlight any proactive steps you take, like attending conferences or seminars to maintain and enhance your knowledge.

Emphasize the importance of teamwork in achieving common goals and how collaboration enhances the quality of contracts. Provide examples that showcase how cooperation with other departments has led to successful outcomes in your previous roles.

List the specific contract management tools and software you are familiar with and explain how you have utilized these tools in your previous roles to improve efficiency and accuracy in contract management processes.

Share your enthusiasm for Unit’s mission and how it aligns with your career goals. Discuss the aspects of the company’s culture or its innovative approach to finance that attract you, and ensure your passion for the role shines through!