Assistant General Counsel (Associate Director)

BillionToOne, is a next-generation molecular diagnostics company dedicated to developing powerful and accurate diagnostic tests that are accessible to all. The company's innovative QCT molecular counting technology significantly enhances the resolution of disease detection using cell-free DNA by over 1,000-fold. This groundbreaking technology is integral to BillionToOne's product offerings. One of BillionToOne’s flagship products, Unity Complete™, is the only non-invasive prenatal screen capable of assessing fetal risk for both common recessive conditions and aneuploidies from a single maternal blood sample. Leveraging the same molecular counting technology, BillionToOne is expanding its reach into oncology with a pioneering liquid biopsy test, Northstar, that combines treatment selection with monitoring. Over 500K patients have received BillionToOne tests to date, and BillionToOne has grown from $0M to $125M ARR in the last ~4 years.

Ranked at the top 5% of Y Combinator companies, BillionToOne has successfully raised close to $400 million in funding to date, with a notable $130 million Series D round completed in June 2024, resulting in an company evaluation of over $1 billion. This funding has come from prestigious global institutional investors, including Adams Street Partners, Neuberger Berman, Baillie Gifford, and Premji Invest. BillionToOne has recently been recognized by Forbes as one of America's Best Startup Employers for 2024, highlighting the company's exceptional work environment and commitment to innovation.

BillionToOne’s team has grown significantly and now proudly employs over 400 highly skilled individuals. Despite substantial growth, BillionToOne has successfully maintained the unique culture that defined us from inception, continuing to cultivate a team that is not only diverse and passionate but also innovative. Headquartered in Menlo Park, California, with an additional facility in Union City, California, BillionToOne remains at the forefront of significant advances in molecular diagnostics, evidenced by the recent announcement of clinical outcomes data for its Northstar product and new advancements in cancer diagnostics. For more detailed information about BillionToOne and its groundbreaking work, please visit the company’s website at www.billiontoone.com.

We are looking for an Assistant General Counsel, to join our growing Legal & Compliance team, as the third attorney, to advise on a variety of issues. This role will have a significant impact on developing and implementing legal and compliance policies, practices, and systems. You will partner and collaborate with members of our Finance, Sales, Market Access, Reimbursement, R&D, Marketing, Supply Chain, and HR teams. The Assistant General Counsel will report to our General Counsel-Chief Compliance Officer & Secretary and can be located onsite, hybrid, or fully remote (with occasional travel).

Responsibilities:

• Provide risk mitigation, legal advice and compliance guidance to multiple business partners, including the Product, Marketing, Market Access, Reimbursement, Sales, Research & Development, People Ops and Finance teams as needed
• Advise on company contracts, including drafting, negotiating, reviewing, interpreting, and managing strategic, high-value contracts 
• Develop compliance policies and procedures, soliciting feedback from internal stakeholders, preparing and drafting policies/SOPs and overseeing implementation and training in a variety of areas, including people operations, market access, reimbursement and sales operations
• Partner with legal team members to develop and build legal and compliance infrastructure and program for lab services/life science organization

Requirements:

• JD from top law school and licensed to practice law in one or more US jurisdictions
• 5+ years of experience with a major law firm (100+ attorneys) and/or in-house legal department
• Experience working with life science or health care organizations
• Experience independently drafting, negotiating, reviewing, and managing wide variety of contract types
• Experience developing processes to comply with legal/regulatory requirements, drafting and implementing policies and procedures, and delivering employee training
• Ability to be highly resourceful, adaptable, and nimble in a high-growth, fast-paced environment
• Strong team-player with willingness to roll-up sleeves and pitch in wherever needed
• Interest in learning new areas of law and business and proven ability to take on projects in unfamiliar areas and lead to completion
• Strong leadership skills, with ability to clearly communicate effective legal solutions to leadership and colleagues in a collaborative yet consultative way that meet business objectives yet appropriately mitigate risks
• Interest and aspirations in developing career as an in-house legal and compliance attorney, with aspirations of eventually becoming a general counsel in the future

Nice-to-Haves:
Familiarity with some or all of the following:

• Start-up, emerging high-growth company experience
• Molecular diagnostics/genetic company or CLIA lab
• Patient billing, reimbursement and payor relationships
• Litigation management 
• Intellectual property/patents
• HR/Labor & employment law

Benefits And Perks:

• Working with a team of ‘rockstars’ who bring out the best in everyone
• Open, transparent culture that includes weekly Town Hall meetings
• The ability to indirectly or directly change the lives of hundreds of thousand patients
• Multiple medical benefit options; employee premiums paid 100% of select plans, dependents covered at 80%
• Extremely generous Family Bonding Leave for new parents (16 weeks, paid at 100%)
• Retirement savings program including a 4% Company match
• Free daily on-site lunches provided from top eateries
• Latest and greatest hardware (laptop, lab equipment, facilities)
• A variety of perks on campus (state of the art gym, restaurant)
• Free on-site EV charging (compatible with all EVs, including Tesla)

At BillionToOne, we are proud to offer a combination of a (1) base pay range (actual amount offered is based on experience and salary/equity options split that the candidate chooses), (2) generous equity options offering, (3) corporate bonus program, on top of (4) industry leading company benefits (free healthcare options, 401k match, very generous fully paid parental leave, etc.).

For this position, we offer a total compensation package of $325,000, including a base pay up to $225,000 per year with the remainder in equity. 

BillionToOne is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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Last updated on Aug 12, 2024