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Commercial Counsel

At Vanta, our mission is to secure the internet and protect consumer data. We believe that security should be monitored and verified continuously, and we empower companies to practice better security and prove it with ease. Vanta has a kind and talented team, and while some have prior security experience, many have been successful at Vanta without it. 

As Vanta’s second Commercial Counsel, you’ll work closely with the go to market and procurement teams to manage Vanta’s contract negotiations and processes as we continue to grow our customer base.

The Commercial Counsel will be responsible for overseeing and negotiating key deals and relationships, and acting as a trusted business partner. Reporting to the Head of Legal, your responsibilities will include ownership of all aspects of Vanta’s negotiations with customers and vendors, instituting policies and processes while maintaining hypergrowth, and oversight of legal operations. The ideal candidate will have experience in strategically working with global sales teams to execute and negotiate commercial transactions and contracts.


What you’ll do as a Commercial Counsel at Vanta:

  • Negotiate customer and partner deals in collaboration with the global sales organization.

  • Negotiate vendor contracts and ensure that Vanta and its customers are protected.

  • Manage escalations, collaborate across other teams, and develop solutions to enable team and business partners to close deals.

  • Provide counsel to the business regarding the business environment, challenges, and objectives.

  • Oversee the management and maintenance of all company legal templates, including our MSA, Privacy Policy, DPA, etc.

  • Ensure our contracts are delivering the right objectives for the company & mitigate risk.

  • Stay up to date on changes in laws and regulations impacting the business and communicate to appropriate parties any changes to controls, policies and procedures.

  • Evaluate risk factors impacting business decisions and anticipate unique legal issues that could affect the company.

  • Communicate and negotiate with external parties, creating relationships based on trust.

  • Willingness to roll up his/her sleeves and take on tasks both big and small. A collaborative approach with a low ego in a fast-paced, team-oriented environment.

  • Strategic sense to build a team, but tactical enough to execute on a day-to-day basis.

  • Strong sense of ownership, desire to make a cross-functional impact, eagerness to learn, and customer orientation.

  • Address other ad-hoc or specialized legal issues.

How to be successful in this role:

  • 2+ years of experience and JD degree from an accredited school with experience negotiating SaaS agreements. 

  • Direct experience with a variety of legal matters, including strategic business agreements, information security and compliance, privacy, intellectual property rights, international expansion, and management of affiliates.

  • Experience in commercial contract negotiation.

  • Strong negotiating skills with both legal and financial/commercial issues.

  • Excellent knowledge and understanding of contract & corporate law and procedures.

  • Willingness to support teammates across a range of time zones.

  • Demonstrated ability to create legal, defensive, or proactive strategies.

  • A champion of change & proven ability to build operationally excellent processes and practices

  • Strong interpersonal and presentation skills, develop a strong rapport and working relationship with business counterparts across the enterprise to help drive the delivery of effective legal services.

What you can expect as a Vantan:

  • Industry-competitive compensation

  • 100% covered medical, dental, and vision benefits with dependents coverage

  • 16 weeks fully-paid parental Leave for all new parents

  • Health & wellness and remote workplace stipends

  • Family planning benefits through Carrot Fertility

  • 401(k) matching

  • Flexible work hours and location

  • Open PTO policy

  • 11 paid holidays in the US

  • Offices in SF, NYC, Dublin, and Sydney

To provide greater transparency to candidates, we share base pay ranges for all US-based job postings regardless of state. We set standard base pay ranges for all roles based on function, level, and country location, benchmarked against similar-stage growth companies. Final offer amounts are determined by multiple factors, including candidate location, skills, depth of work experience, and relevant licenses/credentials, and may vary from the amounts listed below. The salary or OTE range for this position is $173,000 - $204,000. This role may also be eligible for commissions/bonus, equity, medical benefits, 401(k) plan, and other company perk programs.

#LI-remote

At Vanta, we are committed to hiring diverse talent of different backgrounds and as such, it is important to us to provide an inclusive work environment for all. We do not discriminate on the basis of race, gender identity, age, religion, sexual orientation, veteran or disability status, or any other protected class. As an equal opportunity employer, we encourage and welcome people of all backgrounds to apply.

About Vanta

We started in 2018, in the wake of several high-profile data breaches. Online security was only becoming more important, but we knew firsthand how hard it could be for fast-growing companies to invest the time and manpower it takes to build a solid security foundation. Vanta was inspired by a vision to restore trust in internet businesses by enabling companies to improve and prove their security.From our early days automating security monitoring for compliance standards like SOC 2, HIPAA and ISO 27001 to creating the world's leading Trust Management Platform, our vision remains unchanged. 

Now more than ever, making security continuous—not just a point-in-time check— is essential. Thousands of companies rely on Vanta to build, maintain and demonstrate their trust— all in a way that's real-time and transparent.

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Average salary estimate

$188500 / YEARLY (est.)
min
max
$173000K
$204000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Commercial Counsel, Vanta

Are you a legal eagle passionate about commercial agreements and looking for your next big opportunity? At Vanta, our mission is to secure the internet and protect consumer data, and we need a savvy Commercial Counsel to join our dynamic team! In this role, you’ll be the backbone of our contract negotiations as we scale our customer base. As the second Commercial Counsel at Vanta, you will work closely with our go-to-market and procurement teams. You'll oversee significant deals and build solid relationships, all while reporting to the Head of Legal. Your role will include negotiating contracts with both customers and vendors, ensuring that every agreement aligns with Vanta’s objectives and mitigates risks. If you have at least two years of experience in negotiating SaaS agreements and a JD from an accredited school, you might be the perfect fit. You’ll need strong interpersonal skills to manage escalations and collaborate across teams strategically, and your proactive approach will help us create efficient legal processes. Working at Vanta means being part of an inclusive environment that values diverse talent and encourages you to roll up your sleeves. We offer industry-competitive pay along with amazing benefits, including fully covered medical and dental, flexible work hours, and an open PTO policy. Join us and help redefine online security!

Frequently Asked Questions (FAQs) for Commercial Counsel Role at Vanta
What responsibilities does the Commercial Counsel at Vanta have?

As a Commercial Counsel at Vanta, you will be responsible for managing contract negotiations with customers and vendors, overseeing legal operations, and ensuring compliance with laws and regulations. You'll collaborate with cross-functional teams to provide legal counsel pertinent to business goals while maintaining our commitment to securing consumer data.

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What qualifications do I need to apply for the Commercial Counsel position at Vanta?

To qualify for the Commercial Counsel role at Vanta, candidates should possess a JD degree from an accredited law school and have at least 2 years of experience negotiating SaaS agreements. Additionally, a strong understanding of corporate and contract law, as well as experience in strategic business agreements and compliance, is essential.

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What is the company culture like at Vanta for the Commercial Counsel role?

At Vanta, the culture is collaborative and team-oriented, emphasizing inclusivity and diversity. The environment encourages individuals to take initiative, share ideas, and contribute to team success. As a Commercial Counsel, you’ll be welcomed into a friendly and smart group of professionals dedicated to making a significant impact in online security.

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What are the growth opportunities for a Commercial Counsel at Vanta?

Vanta encourages professional development and growth opportunities for their Commercial Counsel. As the company continues to grow, there will be increasing responsibility and the chance to build legal strategies that align with Vanta’s ambitious objectives. You'll also have exposure to a variety of legal and business challenges, enhancing your skills and career trajectory.

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What benefits does Vanta offer to the Commercial Counsel position?

Vanta provides a comprehensive benefits package for its Commercial Counsel, which includes competitive compensation, 100% covered medical, dental, and vision benefits, flexible work hours, an open PTO policy, and 16 weeks of fully paid parental leave. Additional perks include 401(k) matching and health and wellness stipends.

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Common Interview Questions for Commercial Counsel
What experience do you have with negotiating commercial contracts?

When faced with this question, discuss specific examples of contracts you have negotiated, the outcomes, and how your approach led to successful agreements. Highlight key skills like communication, attention to detail, and strategic thinking.

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How do you manage risk in commercial agreements?

Focus on your methods for identifying, assessing, and mitigating risks. Discuss specific instances where you've protected your organization from potential pitfalls by implementing safeguards in contracts or legal frameworks.

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Can you provide an example of a challenging negotiation and how you handled it?

Share a situation where you encountered difficulties during negotiations, explaining your strategy to resolve the issue, maintain relationships, and reach a successful outcome. This will showcase your problem-solving and negotiation skills.

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How do you stay updated on legal changes that may affect our industry?

Demonstrate your commitment by mentioning resources you monitor, such as industry publications, legal seminars, or professional networks. Offer examples of how staying informed has previously influenced your legal strategies.

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What role do you believe a Commercial Counsel plays in the overall business strategy?

Discuss how a Commercial Counsel contributes to protecting the company's interests while enabling growth. Explain how legal guidance informs decision-making and supports business objectives, ensuring compliance and mitigated risks.

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What strategies do you employ to foster collaboration across departments?

Talk about your approach to building relationships with stakeholders in different departments. Share examples of successful collaborations where you facilitated communication between legal and business teams to achieve objectives.

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How would you handle a disagreement with senior management regarding a legal matter?

Explain your approach to constructive dialogue and how you would present your case using data and examples to support your position. Emphasize the importance of understanding different perspectives and finding common ground.

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Can you describe your experience with SaaS agreements?

Highlight relevant experience specifically tied to Software as a Service agreements. Discuss key components of these contracts and any particular challenges you've faced while negotiating terms.

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What legal tools or resources do you find most useful in your role?

Mention specific legal software or resources that help streamline your work. Discuss how these tools enhance your efficiency and accuracy when managing contracts and compliance-related tasks.

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What do you see as the biggest challenge facing Commercial Counsel today?

Articulate your view on current legal trends or issues impacting commercial law. This could include growing data privacy concerns, evolving technology regulations, or changes in contract law, showing your awareness and proactive mindset.

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Vanta is the leading trust management platform that helps simplify & centralize security for organizations of all sizes.

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CULTURE VALUES
Inclusive & Diverse
Growth & Learning
Customer-Centric
Collaboration over Competition
BENEFITS & PERKS
Medical Insurance
Maternity Leave
Flex-Friendly
401K Matching
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
December 7, 2024

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