Full Job Description
Overview
How you can make a difference
We are seeking an experienced and innovative attorney with expertise and a strong track record of enabling product development and negotiating strategic commercial partnerships in the financial services and/or healthcare fields. The Associate General Counsel, Product and Growth is responsible for our legal strategy and enabling the company’s compliant execution of its product and growth strategies as we develop new products and services, key strategic commercial partnerships, and other areas of innovation and growth. This role will provide strategic guidance to develop and bring to market new products and services ensuring regulatory compliance, IP protection, and risk mitigation. In doing so, this role will navigate multiple regulatory frameworks and apply them in new or novel settings. This role will be a key partner in enabling the execution of HealthEquity’s key strategic initiatives and future growth in a compliant and customer-focused manner. You will serve as a trusted advisor to enable the company to navigate innovative product and service offerings and partnerships. As part of a collaborative team, you will deliver practical, business-oriented legal guidance to apply applicable laws, regulations, policies, and best practices to new products and services. You will partner with business leaders in the technology, product, service delivery and marketing teams to anticipate needs, craft agile governance frameworks, and align risk management with growth priorities. You will constantly address unique legal issues at the intersection of employee benefits, healthcare, and financial services. In doing so, you will find that the Legal Department is a key enabler and strategic partner in all aspects of HealthEquity’s growth.
What you’ll be doing
Essential Management Responsibilities:
- Manages and carries out the personnel actions for direct reports, including but not limited to hiring and scheduling; training and evaluating; coaching and managing performance; making salary, merit, or other compensation recommendations for team of direct reports; and making recommendations and/or taking corrective or disciplinary action as appropriate.
Essential Duties and Primary Responsibilities:
- Advise on complex legal and regulatory issues relating to consumer facing products and services
- Review, draft and negotiate agreements and provisions relating to strategic commercial partnerships, and new products and services.
- Assess legal risk associated with new products and services, align with internal stakeholders quickly, recommend safeguards, and guide business teams toward compliance and practical solutions
- Embed Legal team partnership through the new product development lifecycle
- Partner and collaborate with other internal and external counsel and various teams to understand regulatory, product, engineering, design and operational implications of new products and services
- Mature and maintain an intellectual property management program and partner with the People and Product teams in developing innovative frameworks for IP development
- Translate new and emerging laws into actionable, effective legal guidance
- Identify and support process improvements to promote agility in legal and related business operations
What you will need to be successful
Education and Experience:
- J.D. from an ABA-accredited law school with an active license to practice in at least one U.S. jurisdiction
- 10+ years of experience advising on product development in regulated industries at a top law firm or with a combination of applicable in-house legal work
- Experience advising all levels of management, including C-suite executives, and board members on new product development and strategic partnerships with clear presentation of risks, potential impacts, solutions and risk management strategies
- Experience advising on new products and services within the banking/finance and healthcare industries
- Experience in regulated industries and data privacy regulatory compliance
- Experience in marketplaces
Specialized Knowledge, Skills, and Abilities:
- Ability to synthesize complex legal issues, issue spot, engage appropriate subject matter expertise and provide practical risk management advice
- Ability to learn new regulatory regimes quickly and apply practical guidance for the team
- Ability to identify solutions and drive the business forward
- Ideal candidate will have expertise in UDAP, financial regulations, ERISA welfare benefit plans, HSAs and other consumer directed benefits, GLBA and HIPAA
- Familiarity with evolving federal and state regulations related to HSAs and consumer-directed benefits
- Team attitude that no job is too big or too small
- Thrives in a “roll-up your sleeves and own the outcome” environment
- Ability to strike sensible and practical balance between legal risks and the need to do business
- Adept at working in a fast-paced, high activity environment with smart and creative people
- Strong ability to influence, provide point of view, and to listen
- Ability to deliver strategic insights to compliance teams and shape governance structures for new products
- Capacity to quickly understand complex business models and technology trends, aligning legal requirements and anticipated regulations with business strategy to “Future proof” business operations
- Growth mindset with an openness to new ideas, diverse perspectives, and unconventional solutions
- Strong ability to influence, provide point of view, and to listen
- Excellent verbal and interpersonal communication skills and ability to work effectively work with various departments and levels within HealthEquity (including senior management)
- Excellent judgment, attention to detail, and ability to handle sensitive and confidential information
- Ability to handle ambiguity, juggle many matters at once, and quickly shift from one situation or task to another
- Solution oriented and talent for thinking outside of the box in confronting new issues and pursuing novel approaches to old problems
Certifications, Licenses, Registrations:
- J.D. from an ABA-accredited law school with an active license to practice in at least one U.S. jurisdiction.
Physical/Mental Requirements and Demands:
- Work requires normal range of hearing, vision and verbal communication skills, with or without reasonable accommodation.
- Must be able to use a telephone or headset equipment and operate a keyboard and other office equipment, with or without reasonable accommodation.
- Must be able to spend prolonged periods of each workday on camera in virtual meetings.
- The ability to perform work at a computer station for 6-8+ hours a day and function in an environment with competing priorities.
- Must be able to lift and move material weighing up to 20 lbs.
- May experience elevated levels of stress during periods of increased activity and with work entailing multiple deadlines.
- To help you succeed in your role and ensure member information stays protected, we require that you maintain a secure and stable work environment, i.e., safeguard client information, cameras on during work meetings, and provide a current updated photo. This is a core value of our culture and an essential job function for each of us.
Salary Range$203000.00 To $334500.00 / year
Benefits & Perks
The actual compensation offer is determined based on job-related knowledge, education, skills, experience, and work location. This position will be eligible for performance-based incentives and restricted stock units as part of the total compensation package, in addition to a full range of benefits including:
- Medical, dental, and vision
- HSA contribution and match
- Dependent care FSA match
- Uncapped paid time off
- Paid parental leave
- 401(k) match
- Personal and healthcare financial literacy programs
- Ongoing education 26 tuition assistance
- Gym and fitness reimbursement
- Wellness program incentives
Onboarding 26 Travel
This is a remote role, with an in-person onboarding training component. New team members must participate in Trailhead, HealthEquity’s immersive onboarding experience Trailhead is designed to foster meaningful connections, support your integration into the organization, and equip you with a strong understanding of our business. Trailhead participation is a key expectation of this role. Trailhead is held onsite at our headquarters once per quarter. HealthEquity covers all required travel and accommodations.
This role may begin with a virtual, self-paced onboarding experience, followed by a mandatory onsite Trailhead session at a later date.