Location: Oakland
Job ID: 29985
Job Posting
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UC OFFICE OF THE PRESIDENT
At the University of California (UC), your contributions make a difference. A world leader producing Nobel and Pulitzer prize recipients with over 150 years of groundbreaking research transforming the world. Choose a career where you can leverage your knowledge, skills and aspirations to inspire and support some of the greatest minds in the world, and those who will follow in their footsteps. Working at the University of California is being part of a unique institution, and a vibrant and diverse community. At the University of California, Office of the President, we propel our mission through impactful work locally, in government centers and systemwide. We are passionate people, serving the greater good.
The University of California, one of the largest and most acclaimed institutions of higher learning in the world, is dedicated to excellence in teaching, research and public service. The University of California Office of the President is the headquarters to the 10 campuses, six academic medical centers and three national laboratories and enrolls premier students from California, the nation and the world. Learn more about the UC Office of the President
DEPARTMENT OVERVIEW
UC Legal delivers ethical, timely, efficient and high quality legal services to the University of California's ten campuses, five medical centers, and the Lawrence Berkeley National Laboratory, as well as to the Board of Regents, the President, the Chancellors and other officers of the University. Its services include prosecuting and defending litigation, drafting and negotiating agreements, providing advice, counsel and interpretation of laws, regulations and policies, and assisting with development of effective compliance and risk mitigation strategies to facilitate the University's complex operations.
The Business, Transactions, and Innovation (BTI) practice group handles a broad range of matters, including, but not limited to, transactions involving innovative research, joint ventures, collaborations, international activities, public finance, investments, intellectual property, laboratory affairs, energy, tax-exempt organizations, charitable giving, trusts and estates and institutional advancement.
POSITION SUMMARY
Reporting to the Managing Counsel, the Principal Counsel provides practical, actionable, and timely legal advice on a variety of highly complex corporate transactions for clients across the UC system, including accepting equity in start-up companies in connection with campus-related licensing, technology transfer, and incubator/accelerator activities. Coordinates with individual University campuses on campus-based startups and other equity-related matters. Provides general corporate assistance to campuses entering into business transactions.
By practicing UC Legal's established values, all team members are expected to promote diversity and maintain a workplace that is collaborative, supportive, respectful of differences, and committed to fairness and diversity in all interactions, both within and outside the team.
Responsibilities

• Provides high quality, timely, relevant, and solution-oriented counsel on highly complex legal matters in specialty area of law;
• Serves as a trusted strategic partner with University business units, providing practical advice and alternative solutions to business issues;
• Directly and independently reviews, negotiates, and advises on:
  • equity financing transactions (including acceptance of common and preferred stock, SAFES, warrants and other convertible securities and securities issuable upon conversion of the same);
  • preferred stock financing agreements (including charter, co-sale, voting and investor rights agreements);
  • index milestone payment structures (in lieu of equity);
  • mergers and acquisitions transactions, including asset purchase agreements, stock purchase agreements and letters of transmittal;
  • dissolutions and winding-up transactions affecting equity holdings;
  • structuring campus-affiliated venture funds;
  • corporate actions such as stockholder consents, waivers, corporation reorganizations, and liquidity events related to campus equity.
• Establishes effective relationships with key internal and external constituencies by recognizing strategic needs of organization and proactively building relationships with appropriate stakeholders to ensure successful outcomes;
• Advises and renders opinions to senior leaders with respect to the legal implications of establishing or changing policy; works with colleagues at the Office of the President or campus / medical center locations to develop and modify practices and procedures to conform with changing legal requirements.
• Directly negotiates matters on behalf of The Regents.

Required Qualifications

• Minimum of 8 years of corporate law experience, including experience leading and managing deal teams for complex commercial transactions in M&A and corporate finance.
• Working knowledge of securities laws, corporate governance and compliance, and familiarity with a wide range of commercial transaction documents.
• General corporate/business transactions experience, including familiarity with incubators, accelerators, and similar start-up frameworks.
• Experience at a major law firm and/or in-house experience in a highly complex legal department.
• Experience in negotiating venture capital financing transactions.
• In-depth understanding of highly complex legal issues and ability to foresee implications in the University setting and institutional concerns, even when ambiguous or hidden.
• In-depth decision-making ability, even when unpopular, earning credibility and support from colleagues.
• In-depth abilities in collaboration, facilitation, and strategic and creative thinking.
• Advanced interpersonal communication skills, including proven ability to actively listen, negotiate, persuade, and educate.
• Advanced written communication skills and ability to create and deliver effective materials and/or presentations appropriate to various audiences, including senior leaders and technical experts.
• Advanced skills in project management and in facilitating policy review and changes.
• Demonstrated ability to build trust and credibility with a broad group of colleagues, clients, and other stakeholders, including senior leadership.
• Demonstrated commitment to the highest ethical standards.
• Demonstrated commitment to workplace diversity and equality.
• Proven ability to maintain confidentiality and exercise discretion and tact when handling sensitive or potentially sensitive issues.
• Demonstrated display of good judgment.
• Ability to mentor and coach all levels of staff and to provide for succession planning.
• Willingness to work in the office at a minimum on an as-needed basis.

Preferred Qualifications

• Experience working with both private and public/governmental entities.
• Experience with relevant local, federal and/or UC policy, regulations and/or procedures.
• Experience working on transactions with non-profit and charitable organizations.

Education: Must possess a J.D. from an accredited law school.
License/Certifications: Must be a member in good standing of the California Bar. (Out-of-state hire would be afforded time to pass the Bar within a reasonable period.)
SPECIAL CONDITIONS
Due to COVID-19, work for this position is currently performed remotely. The selected candidate may be required to report to work in person once onsite operations resume.
SALARY AND BENEFITS
Salary: Recommended annual salary range is $198,000 - $235,000, commensurate with experience.
Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging
ADDITIONAL INFORMATION
HOW TO APPLY
Please be prepared to attach a cover letter and resume with your application.
APPLICATION REVIEW DATE
The first review date for this job isFebruary 11, 2022.
CONDITIONS OF EMPLOYMENT
Background Check Process: Successful completion of a background check is required for this critical position. Background check process at UCOP
Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy
August 2021 Update: The University of California has issued a policy requiring employees to be fully vaccinated against COVID -19 before physically accessing the University location or programs. Upon hire into a UCOP position, you will be provided detailed instructions on how to comply with this policy including access to the COVID vaccination at no cost. New hires to UCOP who work onsite or will come onsite for any activities at a UCOP or other UC location must comply with this policy within 8 weeks after their start date. The policy allows for employees to request approval for an exception or deferral. UC COVID-19 Vaccine Policy
EEO STATEMENT
The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. EEO/AA Employer UC Nondiscrimination Policy
The University of California, Office of the President, strives to make this job board accessible to any and all users. If you have comments regarding the accessibility of our website or need assistance completing the application process, please contact us at: Accessibility or email the Human Resource Department at: epost@ucop.edu.
To apply, visit https://careerspub.universityofcalifornia.edu/psp/ucop/EMPLOYEE/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&Action=U&FOCUS=Applicant&SiteId=19&JobOpeningId=29985&PostingSeq=1jeid-864961b213cb4549aad511ca0031c7fc