Counsel - Contracts

Chicago, IL
Full Time
Exp.: 3 - 5 Years
Guaranteed Rate is building a winning team to reinvent the mortgage experience through innovation, technology and a relentless focus on providing industry-leading mortgage products and superlative customer service. The Counsel will embrace and support these efforts by assisting with drafting and negotiating key agreements that further these objectives while effectively managing risk. The ideal candidate will be able to work independently, solve problems creatively, prioritize relentlessly, exercise business judgment soundly, and operate with a sense of urgency to get things done. The Counsel must be sufficiently experienced and ready to quickly assume responsibility for key corporate and transactional matters on day 1. The Counsel will work closely with leadership and support all levels of management.

Job Responsibilities:
  • Draft and negotiate commercial agreements, including real estate lease agreements, vendor agreements, SaaS and license agreements, marketing and advertising contracts, master service agreements, consulting agreements, letters of intent, and non-disclosure agreements.
  • Support critical transactions, including reviewing, drafting and negotiating agreements related to mergers and acquisitions, joint ventures, private equity investments, and warehouse lines and other debt facilities.
  • Regularly advise business stakeholders and members of the legal department on subject matter related to areas of responsibility and the Company’s obligations under various agreements.
  • Flag and escalate appropriate matters to other subject matter experts in the legal department, including the litigation and regulatory compliance teams.
  • Revise and improve existing vendor, contract management and legal department policies and procedures.
  • Provide training to internal clients on contracts and other key legal matters.
  • Negotiate and resolve pre-litigation contract disputes.

  • At least 3 - 5 years of significant experience in contract drafting, negotiation and review. Emphasis on SaaS and other technology contracts is a plus.
  • Prior financial services industry experience, especially mortgage transactions and regulatory experience, a significant advantage.
  • Strong project management skills and ability to complete projects with minimal supervision under tight timelines.
  • Can-do “roll up your sleeves” mindset.
  • Sound business judgment and ability to strike right balance between legal risks and business goals.
  • Willingness to learn the business and build strong relationships with internal stakeholders.
  • Detail-oriented with excellent organizational skills.
  • Self-motivated with strong work ethic.
  • Clear, concise and persuasive oral and written communication skills.
  • Ability to work collaboratively and cross functionally with a customer service mindset.
  • Proven track record of multi-tasking and working under a heavy workload with changing priorities.
  • Strong analytical and problem solving skills.
  • Resilient with a sense of humor.
  • Prior in-house counsel experience a plus.

Minimum Requirements:
  • J.D. degree from an ABA-approved law school.
  • Licensed to practice law in at least one state and must be or be able to become licensed in Illinois. Illinois bar members preferred.

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