Associate Counsel, Commercial

Posted 5 Days Ago
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New York, NY
136K-177K Annually
Mid level
Digital Media • Fitness • Hardware • Mobile • Software
Peloton is the leading interactive fitness platform globally, with a passionate community of over 6.9 million Members.
The Role
The Associate Commercial Counsel will draft and negotiate vendor and partner contracts, support business clients in legal matters, develop best practices for contracting, and work with the Legal Director and senior attorneys. The role requires strong understanding of commercial hiring, e-commerce contracts, and supply chain issues.
Summary Generated by Built In

ABOUT THE ROLE

Peloton seeks a talented business-oriented Associate Commercial Counsel to join its Legal Department in support of Peloton’s Precor and Commercial sales businesses in the United States. The role will primarily focus on drafting/redlining, negotiation, and organization of vendor and partner sales agreements, and other commercial contracts (including service contracts, statements of work, master license agreements, review of clickthrough terms, etc.), working autonomously, but with escalation to senior attorneys and business leads as needed.  This role reports to the Legal Director on the Commercial Legal Team and will be based out of our New York City headquarters office and will be required to comply with our hybrid policy. Currently, hybrid team members report to the office weekly on Tuesday, Wednesday and Thursday.

YOUR DAILY IMPACT AT PELOTON

  • Negotiate and lead a wide variety of commercial contracts, as well as report to senior attorneys on supply chain, logistics, commercial sales, and e-commerce matters
  • Support other team members in sophisticated commercial contracting matters
  • Review contracts and terms and conditions, mark up/draft, negotiate, and close various types of commercial contracts
  • Support business clients in negotiating price, deliverables, scope, warranty, and other commercial terms 
  • Develop and implement best practices and process improvements for various contract initiatives
  • Support the business in legal matters that arise from time to time, including policy creation and enforcement, dispute resolution, and contract collection/review if needed for litigation support

YOU BRING TO PELOTON

  • Solid understanding of vendor, procurement, sourcing, or supply chain contractual issues and related rights (with direct experience or as a junior counsel)
  • Experience with SaaS Agreements and reviewing or drafting vendor terms and conditions
  • Experience using IronClad or a similar digital contract organization tool
  • Strong communication and interpersonal skills, with an interest in working cross-functionally with legal and business teams 
  • Ability to work independently with Peloton team members throughout the U.S. and globally, meeting deadlines in the face of occasional fast paced initiatives
  • 3+ years of experience at a law firm or in-house practice with a focus on commercial transactional or supply chain practice is strongly preferred
  • Member in good standing of the NY, TX, CA, or comparable State Bar

#LI-HYBRID

#LI-SV2

The base salary range represents the low and high end of the anticipated salary range for this position based at our New York City headquarters. The actual base salary offered for this position will depend on numerous factors including individual performance, business objectives, and if the location for the job changes. Our base salary is just one component of Peloton’s competitive total rewards strategy that also includes annual equity awards and an Employee Stock Purchase Plan as well as other region-specific health and welfare benefits.
As an organization, one of our top priorities is to maintain the health and wellbeing for our employees and their family. To achieve this goal, we offer robust and comprehensive benefits including:

- Medical, dental and vision insurance

- Generous paid time off policy

- Short-term and long-term disability

- Access to mental health services

- 401k, tuition reimbursement and student loan paydown plans

- Employee Stock Purchase Plan

- Fertility and adoption support and up to 18 weeks of paid parental leave 

- Child care and family care discounts

- Free access to Peloton Digital App and apparel and product discounts

- Commuter benefits and Citi Bike Discount

- Pet insurance and so much more!

 

Base Salary Range

$136,300$177,300 USD


ABOUT PELOTON:

Peloton (NASDAQ: PTON), provides Members with expert instruction, and world class content to create impactful and entertaining workout experiences for anyone, anywhere and at any stage in their fitness journey. At home, outdoors, traveling, or at the gym, Peloton brings together immersive classes, cutting-edge technology and hardware, and the Peloton App with multiple tiers to personalize the Peloton experience [with or without equipment]. Founded in 2012 and headquartered in New York City, Peloton has millions of Members across the US, UK, Canada, Germany, Australia, and Austria. For more information, visit www.onepeloton.com.

At Peloton, we motivate the world to live better. “Together We Go Far” means that we are greater than the sum of our parts, stronger collectively when each one of us is at our best. By combining hardware, software, content, retail, apparel, manufacturing, Member support, and so much more, we deliver an exhilarating fitness experience that unlocks our members' greatness. Join our team to unlock yours.

Peloton is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. Equal employment opportunity has been, and will continue to be, a fundamental principle at Peloton, where all team members, applicants, and other covered persons are considered on the basis of their personal capabilities and qualifications without discrimination because of race, color, religion, sex, age, national origin, disability, pregnancy, genetic information, military or veteran status, sexual orientation, gender identity or expression, marital and civil partnership/union status, alienage or citizenship status, creed, genetic predisposition or carrier status, unemployment status, familial status, domestic violence, sexual violence or stalking victim status, caregiver status, or any other protected characteristic as established by applicable law. This policy of equal employment opportunity applies to all practices and procedures relating to recruitment and hiring, compensation, benefits, termination, and all other terms and conditions of employment.  If you would like to request any accommodations from application through to interview, please email: [email protected]

Please be aware that fictitious job openings, consulting engagements, solicitations, or employment offers may be circulated on the Internet in an attempt to obtain privileged information, or to induce you to pay a fee for services related to recruitment or training. Peloton does NOT charge any application, processing, or training fee at any stage of the recruitment or hiring process. All genuine job openings will be posted here on our careers page and all communications from the Peloton recruiting team and/or hiring managers will be from an @onepeloton.com email address. 

If you have any doubts about the authenticity of an email, letter or telephone communication purportedly from, for, or on behalf of Peloton, please email [email protected] before taking any further action in relation to the correspondence.

Peloton does not accept unsolicited agency resumes. Agencies should not forward resumes to our jobs alias, Peloton employees or any other organization location. Peloton is not responsible for any agency fees related to unsolicited resumes.

What the Team is Saying

Zoe
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The Company
New York , NY
4,600 Employees
Hybrid Workplace
Year Founded: 2012

What We Do

Peloton is the leading interactive fitness platform globally, with a passionate community of more than 6.9 million Members in the US, UK, Canada, Germany, and Australia. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that motivate its Members to commit to their fitness journeys. Consumers can access the Peloton library with thousands of live and on-demand classes at the gym, at home, on the road, or wherever they choose to move, through the Peloton Bike, Peloton Tread, Peloton Bike+, Peloton Guide, and Peloton App on any iOS or Android device and select smart TVs. Through Peloton Corporate Wellness or Peloton Commercial, organizations and enterprises also have access to the Peloton platform and select Peloton products for their teams and customers. An innovator at the nexus of fitness, technology, and media, Peloton reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, world-class streaming digital fitness and wellness content, and best-in-class fitness experts and Instructors.

Peloton was founded in 2012 and is headquartered in New York City, with showrooms across the US, UK, Canada, Germany, and Australia. For more information, visit www.onepeloton.com.

Why Work With Us

Peloton believes in taking risks and challenging the status quo by continuously innovating and improving. We put our users, members, and customers first and we obsess over every touch point of the member experience – be it the studio, product or showroom. We like to hire the best and encourage all our associates to be Peloton’s brand ambassadors.

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Peloton Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Our Hybrid Working Policy requires team members in US office-based roles to be in the office every Tuesday, Wednesday and Thursday.

Typical time on-site: 3 days a week
New York, NY

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