Formic is hiring a
General Counsel

Logo of Formic

Formic

πŸ’΅ $185k-$235k
πŸ“Remote - United States

Summary

Join Formic, a fast-growing Series A startup backed by top investors, as we revolutionize American manufacturing and create more abundance in the world. We're seeking a highly skilled General Counsel with deep expertise in asset finance to join our dynamic leadership team.

Requirements

  • Juris Doctor (J.D.) degree and active membership in at least one U.S. state bar
  • 10+ years of relevant legal experience, with a proven track record in asset finance, equipment finance, project finance, or similar specialty finance domains
  • Extensive experience drafting and negotiating complex financial agreements, particularly in the areas of financing, leasing, asset management, and capital investment
  • Demonstrated ability to provide pragmatic, business-oriented legal advice in a fast-paced, high-growth environment
  • Strong leadership and project management skills, with a proven ability to manage multiple priorities, handle high volumes of work, and meet tight deadlines
  • Experience in building and leading high-performing legal teams, with an emphasis on fostering collaboration across functions
  • Excellent communication skills, both written and verbal, with the ability to explain complex legal concepts in a clear and concise manner
  • Deep knowledge of the regulatory environment impacting asset finance and project finance, with the ability to navigate evolving legal landscapes

Responsibilities

  • Provide strategic legal counsel to the executive team and senior management on a wide range of legal issues, focusing on asset finance, equipment finance, project finance, and other specialty finance matters
  • Develop and implement legal strategies that support business growth and foster long-term relationships with key stakeholders, partners, and customers
  • Oversee the drafting, negotiation, and management of complex commercial agreements, including vendor, partner, and customer contracts, ensuring all deals align with the company’s financial and business objectives
  • Mitigate risks by advising on legal considerations related to business strategies, commercial transactions, and customer relationships
  • Collaborate with cross-functional teams to streamline internal processes, develop policies, and enhance operational efficiency while maintaining legal compliance
  • Manage external legal counsel and resources efficiently to support the company’s needs while optimizing cost and effectiveness
  • Ensure ongoing compliance with relevant laws and regulations, including those related to financing structures, tax matters, and corporate governance
  • Lead the resolution of contract disputes, advising on legal issues, contract interpretation, and remediation strategies to maintain strong commercial relationships

Benefits

  • Equity in Formic: your slice of ownership in a fast-growing Series A startup, backed by some of the best investors in the world
  • 99% coverage on our base Medical, Dental, and Vision insurance plans (75% coverage for dependents) via Blue Cross Blue Shield and Guardian, with buy-up options, as well
  • FSA & DCFSA
  • Life insurance, Short-Term Disability, and Long-term Disability plans (covered at 100%) via Guardian
  • Employee Assistance Program
  • Paid parental leave
  • Company-sponsored 401k
  • Home Office Stipend for remote and hybrid roles
  • Monthly Phone/Internet Reimbursement
  • Flexible time off policy and 10+ company holidays

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