Associate General Counsel, Executive Compensation & Benefits

OpenaiOpenai·Remote(San Francisco)
Legal & Compliance

WFA Digital Insight

The demand for tech-savvy legal professionals has skyrocketed, with a 25% increase in job postings over the past year. As a leader in AI research, Openai stands out for its innovative approach to legal challenges. With the rise of remote work, companies now require experts who can navigate complex digital laws. To succeed in this role, candidates need a deep understanding of executive compensation, equity, and benefits, as well as the ability to partner with cross-functional teams. Before applying, consider the evolving landscape of tech law and the importance of adaptability in this field.

Job Description

## About the Role The Associate General Counsel, Executive Compensation & Benefits position is a pivotal role at Openai, where you will lead the legal support for the company's executive compensation, employee benefits, and equity compensation programs. This involves partnering closely with various teams, including People, Finance, Equity, Accounting, Tax, and Investor Relations, to ensure the effective governance and administration of these programs. The role is based in San Francisco, CA, and operates on a hybrid work model, blending in-office and remote work.

As a key member of the Legal team, you will tackle innovative and fundamental legal issues in AI, working closely with professionals from diverse fields such as technology, AI, privacy, IP, corporate, employment, tax, regulatory, and litigation. Your expertise will be crucial in advising on a broad range of executive compensation and employee benefits matters, including senior executive, employee, severance, incentive, equity, retention, and global benefits arrangements.

The role reports to the Deputy General Counsel, Corporate & Employment, and is an integral part of the company's strategy to ensure that its legal framework supports its mission to benefit humanity through AI.

## What You Will Do - Advise on executive compensation and employee benefits matters, including design, implementation, and administration of plans.

  • Serve as the primary legal advisor for all Compensation Committee matters, ensuring compliance with regulatory requirements and best practices.
  • Counsel on equity compensation and employee ownership programs, including equity plan administration, grants, and securities compliance.
  • Partner with cross-functional teams on compensation, benefits, equity compensation, global benefits administration, shareholder engagement, and governance matters.
  • Support equity, compensation, and benefits aspects of capital markets, financing, M&A, and other strategic transactions.
  • Develop and scale legal processes and frameworks for executive compensation, employee benefits, global benefits administration, equity compensation, and compensation governance.
  • Collaborate with external advisors and counsel as needed to ensure the company's legal position is well-informed and strategic.
  • Stay abreast of legal developments and trends in executive compensation, employee benefits, and equity compensation, applying this knowledge to improve the company's legal posture.
  • Contribute to the development of the Legal team, sharing expertise and best practices to enhance the team's capabilities.
## What We Are Looking For - A minimum of 12 years of combined legal experience at fast-paced technology companies and technology-focused law firms.
  • Significant experience advising on executive compensation, equity compensation, employee benefits, global benefits administration, compensation governance, and related matters.
  • Working knowledge of securities, tax, benefits, employment, and corporate governance issues that arise in compensation, equity, and benefits programs.
  • Familiarity with executive compensation practices, including benchmarking, disclosure considerations, and governance standards.
  • Strong sense of ownership, inquisitive and enthusiastic about technology, with the ability to demonstrate sound judgment in ambiguous situations.
  • Exceptional written and verbal communication skills, with comfort producing board-level and executive-ready materials.
  • High integrity, sound judgment, and discretion when handling sensitive executive information.
  • A JD and license or qualification to practice in CA.
## Nice to Have - Experience with legal matters related to AI and technology companies.
  • Knowledge of global benefits administration and compensation governance.
  • Familiarity with equity plan administration and securities compliance.
  • Experience working in a hybrid or fully remote work environment.
## Benefits and Perks - The opportunity to work with a pioneering AI research and deployment company.
  • A hybrid work model, offering a balance between in-office collaboration and remote work flexibility.
  • Access to cutting-edge technology and tools.
  • Collaboration with a diverse team of professionals from various fields.
  • Opportunities for professional growth and development in a rapidly evolving field.
  • Comprehensive health benefits and wellness programs.
  • Generous PTO and paid holidays, recognizing the importance of work-life balance.
  • Equity compensation, aligning your interests with the company's success.
  • Support for continuing legal education and professional development.

How to Stand Out

- Tailor your resume and cover letter to highlight your experience in executive compensation, equity compensation, and employee benefits, ensuring your application stands out.

  • Prepare to discuss your understanding of securities, tax, benefits, employment, and corporate governance issues as they relate to compensation and equity programs.
  • Research Openai's mission and be ready to explain how your skills and experience align with the company's goals and values.
  • Develop a portfolio of your previous work, including examples of legal advisement, policy development, and partnership with cross-functional teams.
  • Be prepared to address how you stay current with legal developments and trends in executive compensation and employee benefits, and how you apply this knowledge in your work.
  • Consider the company culture and how your working style and preferences align with Openai's hybrid work model and collaborative environment.
  • Negotiate your salary based on your research of the market rate for your role and experience, ensuring your compensation reflects your value to the company.

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