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Associate General Counsel, Product and Regulatory

Cedar
$255,000 - $300,000/ year
Posted Nov 21
Full Time
Remote

Our healthcare system is the leading cause of personal bankruptcy in the U.S. Every year, over 50 million Americans suffer adverse financial consequences as a result of seeking care, from lower credit scores to garnished wages. The challenge is only getting worse, as high deductible health plans are the fastest growing plan design in the U.S.

Cedar’s mission is to leverage data science, smart product design and personalization to make healthcare more affordable and accessible. Today, healthcare providers still engage with its consumers in a “one-size-fits-all” approach; and Cedar is excited to leverage consumer best practices to deliver a superior experience.

The Role

We are looking for an Associate General Counsel to join our Legal & Compliance team as our lead product and regulatory attorney, as we navigate evolving laws and regulations in healthcare, payments, consumer marketing/advertising, consumer and data privacy, and AI. This role is well suited for a proactive, hands-on, and experienced product and regulatory attorney who is excited to build legal support structure and compliant-by-design product and servicing offerings, and enjoys managing and building a team focused on the same goals. This will report into the General Counsel.

Responsibilities

 

  • Develop and communicate a vision and roadmap for legal product and regulatory support at Cedar, and develop proactive strategies for regulatory compliance and risk management
  • Deeply embed with cross-functional teams, including product, implementations, engineering, compliance and marketing, to build and maintain compliant-by-design products and services by advising on regulatory requirements in a customer-oriented manner
  • Anticipate regulatory obstacles and emerging issues throughout the product lifecycle and develop solutions with other members of the Legal & Compliance team and other business units
  • Serve as a trusted advisor and partner to business teams, including advising and partnering on the end-to-end lifecycle of products and services
  • Train teams on laws and regulations applicable to our business and best practices
  • Partner with Compliance to ensure comprehensive risk support, including assisting in incident investigation and response, and the managing litigation, disputes and regulatory inquiries
  • Engage and manage external counsel on a range of issues, pressure testing legal analyses and translating advice into clear and actionable guidance for our business teams
  • Provide advice to the senior management on the risk and benefits of corporate and product strategies; and assist in briefing and communicating complex and sensitive regulatory matters to management and the Board.
  • Manage, guide, mentor, and develop a team of legal professionals
  • Work collaboratively across teams, fostering a positive and inclusive environment

Skills & Experience

 

  • JD Degree from an accredited law school and license in good standing to practice law in at least one state bar.
  • 10+ years relevant legal experience at a top law firm, government and/or in-house (a combination is a plus), with experience managing other people.
  • Previous experience in tech/start-up/emerging growth companies preferred.
  • Experience in healthcare/healthtech and consumer products preferred.
  • Familiarity with federal and state that can apply to healthcare and payments businesses, such as anti-kickback laws, HIPAA, TCPA, CAN-SPAM, FDCPA, UDAAP, PCI DSS, CCPA, CPRA, GDPR, and GLBA, and where applicable related state law requirements. You do not necessarily need to be a subject matter expert on all of these but must have a strong regulatory foundation and be comfortable with a high-regulated operating environment where multiple regulatory regimes apply.
  • Strong communication (oral and written) skills, with the ability to influence and persuade, effectively interfacing at all levels of an organization
  • A caring and motivational manager, capable of attracting, developing and advancing great talent and leading a distributed team, drawing on strengths to achieve common goals
  • Substantial experience working collaboratively and effectively with cross-functional teams

Compensation Range And Benefits

 

  • Salary Range*: $255,000 - $300,000
  • This role is equity
  • This role offers a competitive benefits and wellness package
  • Subject to location, experience, and education

What do we offer to the ideal candidate?

 

  • A chance to improve the U.S. healthcare system at a high-growth company! Our leading healthcare financial platform is scaling rapidly, helping millions of patients per year
  • Unless stated otherwise, most roles have flexibility to work from home or in the office, depending on what works best for you
  • For exempt employees: Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of PTO per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
  • 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
  • Diversity initiatives that encourage Cedarians to bring their whole selves to work, including the Cedarian Advisory Group (a cross-functional cohort focused on increasing internal inclusiveness at Cedar) and three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
  • Competitive pay, equity (for qualifying roles) and health benefits that start on the first of the month following your start date (or on your start date if your start date coincides with the first of the month)
  • Cedar matches 100% of your 401(k) contributions, up to 3% of your annual compensation
  • Access to hands-on mentorship, employee and management coaching, and a team discretionary budget for learning and development resources to help you grow both professionally and personally

About Us

Cedar was co-founded by Florian Otto and Arel Lidow in 2016 after a negative medical billing experience inspired them to help improve our healthcare system. With a commitment to solving billing and patient experience issues, Cedar has become a leading healthcare technology company fueled by remarkable growth. Over the past several years, we’ve raised more than $350 million in funding from investors such as Andreessen Horowitz and Tiger Global, bringing Cedar’s valuation to $3.2 billion.

As of December 2023, Cedar is engaging with 25 million patients on an annualized basis, and is on target to process $2.6 billion in patient payments annually. Cedar’s ambition is to serve 50-60 million Americans by 2025, about half of the U.S. population that makes medical payments annually. Cedar partners with more than 55 leading healthcare providers and payers including Highmark Inc., Allegheny Health Network, Novant Health, Allina Health and Providence.