Contracts Associate

Summary

Join Unit, a market leader in embedded finance, as a Contracts Associate! This part-time (20-25 hours/week) role offers a flexible schedule and involves managing the contract lifecycle for commercial and end-customer agreements. You will support the legal team in drafting, reviewing, and managing contracts, ensuring compliance and mitigating risks. Ideal candidates possess 4+ years of experience in contract management within the retail banking sector and a strong understanding of contract law. Location preference is New York City or Washington, DC, but the role is open to US-based candidates. The position requires excellent attention to detail, strong communication skills, and proficiency in Microsoft Office Suite and contract management software.

Requirements

• A contract manager, paralegal, or J.D. with 4+ years of experience drafting and managing commercial contracts and retail banking agreements
• Understanding of contract law and risk management principles
• Excellent attention to detail with the ability to review, interpret, and redline contractual documents
• Ability to identify and assess contractual risks and recommend appropriate actions to responsible parties
• Strong organizational and time-management skills, with the ability to prioritize tasks and meet deadlines
• Strong written and verbal communication skills, with the ability to effectively communicate complex contractual concepts to non-legal stakeholders
• Ability to work independently as well as collaboratively with cross-functional teams
• Proficiency with Microsoft Office Suite (Excel, Word, PowerPoint) and contract management software
• Operates as an owner and drives accountability for assigned tasks

Responsibilities

• Support high-volume contracting function within the legal team
• Review and draft contractual documentation for standard retail banking services agreements (e.g., deposit agreements, cardholder agreements, borrower agreements), ensuring compliance with all applicable laws, regulations, and company policies
• Understand and interpret legal provisions related to deposit account and payment services
• Collaborate with various departments to facilitate contract drafting and execution
• Manage the contract lifecycle, including initiation, negotiation, execution, and amendments
• Provide support to the legal team in managing a portfolio of contracts and legal documents
• Maintain comprehensive records of contracts and any amendments for internal reference and auditing purposes
• Assist in the development of contract management tools, templates, and processes

Preferred Qualifications

• Experience and/or interest in regulatory matters relating to digital banking, bank partnerships, third-party risk management, and financial regulation in consumer and small business finance, payments, and/or banking (including Reg E, NACHA operating rules, UCC 4A, UDAAP, Reg DD, Reg CC)
• This role is open to candidates based in the United States, with preference for candidates based in New York City or Washington, DC