Head of Legal at Model ML (W24)
$80K - $200K  •  0.01% - 0.40%
AI tool for private equity firms and investment banks.
London, England, GB
Full-time
6+ years
About Model ML

We are building an AI tool that speeds up financial due diligence for investors and advisors.

Team:

  • Chaz: Founder of Fat Llama (YC S17) - Acquired by Hygglo. Responsible for Business and Sales.
  • Arns: Founder of Fancy (YC S20) - Acquired by Gopuff. Responsible for Tech and Product.
About the role

Company overview:

Model ML is building AI interface for financial services. You will work alongside two well-known founders who successfully sold their last two YC-backed companies. Model ML, also backed by Y Combinator and top-tier venture firms, has already raised double-figure millions in stealth mode to automate specific workflows within finance using AI. The company is live and in production with some of the world's largest firms and is scaling fast globally.

Position Summary:

The Head of Legal is responsible for overseeing all legal aspects of the company, ensuring that all operations and business transactions are compliant with relevant laws and regulations. This role is particularly complex as we sell to highly regulated financial institutions, requiring a deep understanding of the intricate legal landscape within the finance and tech sectors. The Head of Legal will navigate the complexities of compliance, regulatory standards, and risk management, providing strategic legal guidance to support the company’s rapid growth. This position demands exceptional leadership and the ability to handle high-pressure situations, making critical decisions that safeguard the company's interests. The Head of Legal will play a pivotal role in shaping the company’s legal framework, ensuring robust legal processes, and fostering a culture of compliance across the entire organisation.

Role Overview:

Contract Negotiations & Document Management

  • Oversee the drafting, review, and negotiation of various contracts, including Terms of Service, NDAs, and other commercial agreements.
  • Ensure compliance with applicable laws and internal policies.
  • Create and implement a contract management system to track contract status and obligations.
  • Maintain organized records of all legal company-related documents.

Corporate Governance, Financing Events & Due Diligence

  • Manage and maintain general corporate documents such as stock options, funding round documents, and investment agreements.
  • Handle all legal aspects of financing events, including Series A, B, and subsequent funding rounds.
  • Review and negotiate investment agreements, term sheets, and related documents.
  • Work with external legal counsel where required.
  • Handle due diligence requests from potential investors and customers ensuring timely and thorough responses.

Visa, Immigration, Employment Law and HR Support

  • Handle visa and immigration work to support the company’s international employees.
  • Ensure compliance with immigration laws and regulations.
  • Assist HR with immigration-related documentation and processes.
  • Advise on employment law matters, including hiring, terminations, employee relations, and compliance with labor laws.
  • Draft and review employment contracts and company employment-related policies.

Security, Compliance, Privacy, and Data Processing

  • Develop, maintain, and implement policies to ensure robust security, compliance, and privacy measures.
  • Integrate these policies into the company’s Data Processing Agreement (DPA) and other related documentation used when contracting with customers.
  • Oversee and manage data processing activities to ensure they meet regulatory standards and are well-documented within the security, compliance, and privacy framework.
  • Provide legal guidance on cybersecurity issues, ensuring the company’s cybersecurity practices comply with relevant laws and regulations.

Requirements:

  • Minimum of 5 years' experience working for a tier 1 law firm.
  • Strong academic background is essential.
  • Willing to work very hard.

What you can expect:

  • Full-time position based at the company’s headquarters in London.
  • It won't be easy; in fact, it will be very hard.
  • BUT, it will be a lot of fun.
  • You need to be comfortable being uncomfortable; timelines will change, priorities will most likely shift.
  • Be prepared to sacrifice your work-life balance in exchange for joining an incredible journey and learning a lot along the way.

What we offer:

  • You will be reporting directly to the founders, who have two successful venture-backed exits under their belt.
  • We’re building a generational business.
  • Competitive salary + equity.
  • Opportunity to be instrumental in building one of the world’s largest organizations.
  • Work alongside some of the smartest people on the planet in their given field.

If you are at a stage in your career where you need to make a defining statement, and you can set aside work-life balance to join a company with a strong product-market fit and ready to scale, then apply now.

Technology

Building on top of Open AI. AI expert desired but no essential. Front & backend skills bonus too.

Interview Process

About the interview:

Our Process

We're very conscious of everyone's time, so we want to make the process as efficient as possible.

  • Call 1: 30-minute call with Chaz (CEO)
  • Call 2: 30-minute call with Arnie (CTO)

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