Post-Close Action Counsel

Anywhere
Belltower Funds – Operations /
Full Time /
Remote
About AngelList & Belltower Funds:

We exist to accelerate innovation by increasing the number of successful startups in the world. We want to give more people the opportunity to participate in the venture economy by building the financial infrastructure that makes it possible for more people to invest in world changing startups, and build tools for startups that help them run their operations so they can focus on building. 

AngelList is the nexus of venture capital and the startup community. We support over $14B+ in assets under management. We’ve driven capital to over 12,000 startups, almost 282 of which are unicorns. 57% of top-tier U.S. VC deals involve investors on AngelList.

While our scale is large, our ambitions are even larger – we’re innovating on the financial infrastructure for venture investors and the startups they invest in. Come build with us.

About the Role:
We are looking for a lawyer with a business mindset who has deep transactional experience in the venture capital and startup space to lead the portfolio management service for the world’s largest portfolio of early-stage venture capital investments. As an attorney within our Portfolio Management function on our Investment Operations Team, you will drive the review and execution of portfolio company transactions on behalf of our funds, manage risk for the business and for each fund, and help build the systems and processes needed to enable fund managers to navigate their portfolios throughout the lifecycle of their portfolio companies. You will report to our Director of Investment Operations.

This is a crossover role specifically for those looking to make the jump from law into the business world, and it represents a foundational part of AngelList and Belltower’s Investment Operations Team. The ideal candidate will have a track record that demonstrates an understanding of core legal and financial concepts that will allow them to quickly master all aspects of venture transactions (from financings to M&A and public listings) and the ability to operate in a rapidly growing financial technology setting. We are looking for a detail-oriented, organized, and structured manager who will provide exceptional service to our GPs and LPs behind the scenes by making their experience using our platform and navigating complex transactions seamless. In this role, you will be expected to interact with a team of operators and legal contractors, coordinate with portfolio companies, address escalations from customers, provide legal and economic analysis to GPs, and build world-class operational infrastructure for the portfolio management service area.

You Will:

    • Build operations and develop scalable and innovative solutions to help manage our rapidly growing portfolio of early-stage investments.
    • Coordinate cross-functionally with other AngelList and Belltower teams, including product and engineering, to help productize existing portfolio management offerings.
    • Oversee and provide a legal review/consultation on portfolio company actions related to venture financings, IPOs, mergers and acquisitions, and general corporate actions. 
    • Partner with the Portfolio Management Service Team to provide legal subject matter expertise on transactional matters when needed, and help manage risk across our team and funds.
    • Develop systems to better leverage the data that flows through the AngelList platform.
    • Engage with some of the top venture investors in the world on a daily basis.
    • Own day-to-day execution of KPIs & SLAs for our most important Portfolio Management-related Services.
    • Handle Escalations and Exceptions as they arise within the service area.
    • Continually identify and implement process improvements to improve our ability to deliver value to fund managers & their portfolio companies.

You Have:

    • JD & minimum of 3-6 years of transactional legal experience with focus on VC investor and/or startup company representation. 
    • Excellent business sense and the ability to communicate complex legal matters clearly to non-experts.
    • Exceptional organizational skills and ability to think in a systems-based way. We oversee a portfolio of investments in the thousands. It can only be managed systematically.
    • Deep and detailed understanding of VC legal structures -- both on the fund and investment side.
    • Willingness to get your hands dirty. Continual improvement means filling gaps and being hands-on in making sure all legal and operations functions are executed at the highest level. Experience working with and setting up internal process automations is a nice-to-have, but not a requirement.
    • Great attitude and the ability to embrace regular change as we continually improve products and processes.
    • Demonstrated performance excellence: We’re looking for the best of the best!
If you don’t tick every box above, we’d still encourage you to apply. We’re building a diverse team whose skills balance and complement one another.

Belltower Funds is a remote-first company. This position is fully remote for anyone in the United States.

Benefits: We support our employees in their lives both inside and outside of work.
* See additional details on our benefits here

Learn more about what AngelList has accomplished by checking out some recent things we’ve published over the last six months: AngelList Confidential 2023

Belltower Funds is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.