Associate Legal Counsel, Procurement

Posted Yesterday
Remote
3-5 Years Experience
Fintech • Payments
The Role
Provide legal support for vendor engagements and third-party transactions, ensuring compliance with laws and regulations. Draft, review, and negotiate vendor agreements. Develop and maintain standard templates and playbooks. Conduct training sessions for procurement teams. Manage contractual queries and disputes. Stay updated on relevant laws and regulations. Contribute to legal team culture and assist in various legal projects.
Summary Generated by Built In

About Team / Role

Reporting to the Legal Director, Global Procurement, this role will provide legal support to WEX’s Business Owners and Procurement Team on a range of vendor engagements, as well as other third-party transactions and related matters. Specifically, this role will provide strategic and tactical legal advice on WEX’s engagement of third-party vendors/service providers in connection with all WEX lines of business.  The ideal candidate will have a technology background, with an understanding of the legal and practical components of vendor engagement and related considerations, have some experience with relevant data privacy laws, rules and regulations, and be comfortable solving complex, time-sensitive problems in close partnership with a variety of cross-functional stakeholders.
How you'll make an impact

  • Draft, review and negotiate a wide variety of vendor and third-party agreements, including technology licenses (software-as-a-service, software, cloud, and related ancillary documents, including SLAs, security exhibits, and privacy addenda), consulting, professional services, telecom, hardware, marketing, real estate, and other services agreements and related documentation.

  • Ensure all procurement activities comply with applicable federal, state, and local laws and regulations, including procurement policies.

  • Identify, manage, and escalate issues and risks arising during vendor and third-party discussions and/or negotiations and provide actionable recommendations.

  • Provide general in-house support for legal matters concerning the WEX Procurement and Vendor Risk Management Teams’ initiatives, activities and operations.

  • Actively assist in the development and maintenance of standard templates and playbooks for vendor agreements; provide guidance on development and maintenance of contracting standards, policies and processes.

  • Develop training materials and conduct training sessions for the WEX Procurement and Vendor Risk Management Teams and other business owners/stakeholders.

  • Present complex issues in a clear and concise manner and provide succinct results-oriented legal advice to business owners and stakeholders.

  • Work closely with the Procurement and Vendor Risk Management Teams to further develop, maintain, operationalize and foster awareness of and compliance with policies and processes related to vendor assessment, on-boarding, risk and performance monitoring, policy compliance, and offboarding.

  • Manage and resolve specific contractual queries and pre-litigation disputes related to vendor and other third-party contracts.

  • Maintain a current understanding of relevant laws, regulations, industry standards and policy trends relevant to WEX products and technology, including those related to data privacy, IP, trade secrets, artificial intelligence and data security.

  • Proactively contribute to the development of the WEX Legal Team culture and practices and assisting with other projects and matters in areas which may include information security, compliance, contract management, mergers and acquisitions and other legal and regulatory issues.

  • Collaborate closely within the WEX Legal Team to design, modify and implement company policies and processes to ensure legal compliance with internal policies, organizational goals, as well as applicable laws and regulations.

  • Handle other day-to-day legal issues arising in a growing and complex business.

Experience you'll bring

  • License in good standing to practice law in at least one U.S. state.

  • Experience: 2-4 years in a well-regarded firm and/or corporation.

  • Experience negotiating technology license agreements (software-as-a-service, software, cloud, and related ancillary documents, including SLAs, security exhibits, and privacy addenda).

  • Experience negotiating consulting, professional services, telecom, hardware, marketing, and real estate agreements.

  • Ability to project manage and gather business requirements to accomplish complex tasks with multiple stakeholders.

  • Excellent communication (oral and written) and interpersonal skills.

  • Exceptional organizational skills, attention to detail, and the ability to multitask, prioritize, and adjust as priorities shift.

  • Strong reviewing and drafting skills; commitment to quality through demonstrated accuracy and thoroughness.

  • Ability to work independently, yet still be team-oriented and collaborative.

  • Ability to build strong internal relationships and to act as a legal resource for business and functional leaders globally.

  • Ability to apply strong problem-solving skills and excellent judgment to develop practical, business-oriented, and strategic solutions in a fast-paced environment.

  • Sound judgment; ability to clearly make reasoned recommendations; ability to anticipate risk and be proactive in planning and communicating accordingly, including determining who should be informed and engaged.

  • Proficiency in Microsoft Office and GSuite; ability to ramp up quickly on other applications and systems, including document management systems.

  • Must successfully pass a background investigation.

    The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.Pay Range: $91,000.00 - $121,000.00

    The Company
    HQ: Portland, ME
    4,900 Employees
    On-site Workplace

    What We Do

    We simplify complex payment systems for fleets, corporate payments, and healthcare—unlocking insights, opportunities, and efficiencies to give you greater control of your business.

    Powered by the belief that complex payment systems can be made simple, WEX (NYSE: WEX) is a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through approximately 4,900 associates around the world. WEX fleet cards offer approximately 14 million vehicles exceptional payment security and control; our travel and corporate solutions business processes over $35 billion of purchase volume annually; and the WEX Health financial technology platform helps 343,000 employers and more than 28 million consumers better manage healthcare expenses.

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