Finastra (Misys International Banking Systems Limited)

Legal Counsel

Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Must possess a law degree from an accredited institution and an active legal license in at least one state.
  • Experience in a law firm or corporate legal department with a focus on corporate and commercial law.
  • Strong understanding of the software industry, particularly from the vendor side.
  • Proficient in drafting and negotiating contracts, especially in software licensing and SaaS.
  • Fluency in English, with strong legal terminology understanding required.
  • Knowledge of banking, financial technology, or data privacy would be advantageous.
  • Demonstrates excellent business acumen and the ability to work under deadlines.

Responsibilities

  • Draft and negotiate contracts for software licenses, services, and SaaS transactions, focusing on minimizing risks.
  • Serve as a legal advisor to internal teams like sales and finance on contracts and compliance issues.
  • Balance risk mitigation with timely contract execution to support business growth.
  • Collaborate with a global team, offering regulatory and compliance support as needed.
  • Guide internal stakeholders on best practices for preparing contract-related documents.
  • Ensure adherence to internal approval processes before signing contracts with clients.
  • Monitor and interpret legislation affecting the company and prepare necessary contract modifications.

Benefits

  • Unlimited vacation based on location and business priorities.
  • Hybrid working arrangements and inclusive policies for paid time off.
  • Access to wellness programs including confidential counseling services.
  • Comprehensive benefits including medical, life, and disability insurance, and a 401(k) plan.
  • Paid time off for volunteering and opportunities for donation matching.
  • Participation in global recognition programs that celebrate employee contributions.
Full Job Description

About the Role

We are seeking a Corporate Legal Counsel to join our team based in the United States. This fast paced, dynamic team is accountable for the U.S. corporate legal portfolio.  The ideal candidate will have fluency of law firm or corporate legal department experience. Experience in the software industry is mandatory and having experience within U.S. or global payments and/or corporate lending software platforms is a plus. The role will predominantly focus on contracts with Finastra customers for the licensing of software and/or provision of services (including software-as-a service). The role requires experience in contract drafting and negotiation combined with the ability to work closely with internal stakeholders to support optimized commercial transactions aligned with the organization’s business guidelines and approval processes.

Key Responsibilities

  • Draft and negotiate contracts for software license, services, and software-as-a-service transactions, as well as other types of transactions with a focus on identifying and mitigating contractual risks. 
  • Act as a trusted legal advisor to internal stakeholders, including sales and finance, concerning contractual rights, obligations, compliance with applicable laws and regulations and risks.
  • Demonstrated ability to mitigate risk while helping to ensure business objectives, including the timely execution of contracts that grow the business.
  • Ability to work collaboratively as part of a global team; and provide regulatory and compliance support, as necessary.
  • Provide guidance to internal stakeholders concerning best practices when producing pre-contractual and contract collateral documents.
  • Ensures internal approval processes are followed prior to making commitments to customers and ensuring all deal approvals are obtained prior to signing any contracts. 
  • Review existing and upcoming legislation with respect to its impact on the organization’s business and where required draft required contractual adjustments.
  • As necessary, assist in customer disputes, including evaluating Finastra’s position, communicating with customers, and assisting in the resolution of such disputes.

Required Skills & Expertise

  • Knowledge of the software industry, preferably working on the vendor side.
  • Exposure or experience with U.S. or global payments and/or corporate lending, SaaS/cloud and data privacy and security would be considered an asset. 
  • Strong legal and commercial understanding with the ability to adapt quickly and work toward scheduled business deadlines.
  • Strong business acumen to draft and negotiate contracts with customers and vendors.
  • Ability to explain legal topics clearly to clients and internal stakeholders.
  • Confident, resourceful and motivated lawyer with very strong drafting, negotiation and advisory skills. 
  • Experience with banking and financial technology is a nice to have.
  • Fluency in English in speaking and writing including proficiency of legal terminology in English is required

Education & Experience

  • Must have a law degree from an accredited institution and an active license to practice law in at least one state.
  • Law firm or corporate legal department experience with a broad range of corporate and commercial law matters, however, experience in the software industry would be an advantage.

What We Offer

  • A challenging role in an international, client-facing environment.
  • Collaborative team culture with strong technical focus.
  • Competitive compensation and benefits.

We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we uphold:

·       Flexibility: Enjoy unlimited vacation, based on your location and business priorities. Hybrid working arrangements, and inclusive policies such as paid time off for voting, bereavement, and sick leave.

·       Well-being: Access Confidential one-on-one wellness and therapy through our Employee Wellness and Assistance Programs.

·       Medical, life & disability insurance, 401(k), lifestyle and other benefits*

·       Sustainability: Benefit from paid time off for volunteering and donation matching.

·       Recognition: Be part of our global recognition program, Finastra Celebrates, and contribute to regular employee surveys to help shape Finastra and foster a culture where everyone is engaged and empowered to perform at their best.


*Specific benefits may vary by location.

Applicants for this position need to be located in posted location or their immediate surrounding areas. Due to the requirements of this position, this job posting is not available for, and Finastra will not be considering any applicants who currently reside in New York City or California.

About Finastra (Misys International Banking Systems Limited)

Finastra is a financial technology company that provides software solutions to financial institutions. The company was formed in 2017 through the merger of Misys and D+H. Finastra has over 10,000 employees and operates in over 130 countries. The company's products are used by banks, credit unions, and other financial institutions to manage their operations, including lending, payments, and treasury management. Finastra is headquartered in London, UK.
Learn more about Finastra (Misys International Banking Systems Limited)
Size
10,000 employees
Industry

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