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Home Flexible Job Board VP, Legal Operations

$160,000–250,000/yr 24d ago

VP, Legal Operations

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Onslow Bay Financial

New York, NY, US

Full-time Permanent Remote

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Summary

The VP of Legal Operations will serve as the operational backbone of the legal department by driving efficiency, cost discipline, and innovation through systems and technology. Key duties include managing the legal tech stack, championing AI integration, and overseeing outside counsel relationships and departmental budgets.

Job Description

About This Role

 

The Legal Operations Specialist will serve as the operational backbone of the Legal & Compliance Department, driving efficiency, cost discipline, and innovation across the function. This role is the bridge between legal strategy and business execution—owning the systems, processes, technology, and vendor relationships that enable lawyers to focus on high-value legal work. You will own efficiency, cost discipline, and innovation across the Legal & Compliance Department, and you will have real latitude to shape the strategy by which the ultimate goals are achieved.

A core part of the job is championing artificial intelligence and other emerging technologies within the legal function, ensuring lawyers and staff are equipped to leverage these tools to enhance productivity, quality, and speed.

Key Responsibilities

  • Legal Operations Strategy & Continuous Improvement

    • Design and implement a scalable legal operations framework aligned with Annaly's business-first legal model

    • Translate Legal leadership priorities into practical processes, tools, and workflows that improve execution

    • Partner with Legal and Compliance professionals to codify playbooks, templates, and decision frameworks

  • Technology, AI & Process Optimization

    • Own the legal technology stack—evaluate, implement, optimize, and maintain platforms such as e-billing, matter management, contract lifecycle management (CLM) and knowledge management systems

    • Serve as the department's AI champion: identify, pilot, and deploy AI-powered tools (e.g., generative AI for drafting, contract review, legal research, document analysis, and presentations) to augment lawyer workflows and reduce manual effort

    • Develop training programs, prompt-engineering guides, and best-practice playbooks to help attorneys, legal staff, and governance professionals adopt AI tools effectively, responsibly, and in compliance with ethical and data-governance standards

    • Develop practical methods to measure and communicate the value delivered by AI tools and related process improvements

  • Outside Counsel Management & Cost Discipline

    • Design and oversee a comprehensive outside counsel management program, including panel selection, engagement guidelines, and performance tracking

    • Enhance billing discipline, alternative fee arrangements, and rate negotiations to optimize spend

    • Develop, manage, and report on the annual legal department budget, including spend forecasting and variance analysis

Required Qualifications and Skills

  • Bachelor’s degree; relevant professional certification (e.g., CLOC) preferred

  • At least 5 years of experience in legal operations, corporate governance support or a related operational role within a corporate legal department, corporate secretary's office, or law firm; we will also consider equivalent experience translating between business needs and technology in another function, such as consulting, product, or business operations

  • Demonstrated experience building or scaling legal operations functions, including systems, workflows, and metrics

  • Proficiency across the legal technology landscape, including hands-on experience implementing or managing several of the following: CLM, e-billing, matter management, and knowledge management systems, as well as hands-on experience with AI tools in a legal or professional services context (e.g., prompt engineering, workflow automation, responsible AI governance)

  • Strong understanding of outside counsel management, legal spend optimization, and budgeting frameworks

  • Analytical mindset with proficiency in data analysis, reporting, and dashboarding tools

  • Strong project management skills with the ability to execute across multiple initiatives and departments simultaneously

  • Excellent communication skills, and the ability to translate between stakeholders who might have different work styles, communication styles, and levels of technological expertise

  • Self-motivated, proactive, intellectually curious, creative, and resourceful; takes initiative and ownership of responsibilities; enjoys helping others; embraces cross-functional, enterprise-wide goals

 

Eligibility Requirements

  • Based in New York, NY preferred; exceptional remote candidates authorized to work in the United States will be considered

  • Must have unrestricted work authorization to work in the United States

  • Must be willing to submit to a background investigation

  • Must be willing to work additional hours as needed to complete deadline driven projects

 

Compensation and Benefits

Annaly is committed to offering a comprehensive and competitive total rewards package. The salary range for this position at commencement of employment is expected to be between $160,000 and $250,000/year; however, base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, such as a sign-on bonus, restricted stock units, and/or discretionary awards, in addition to robust health and wellness benefits, retirement savings, paid time off, tuition and learning reimbursement, back up childcare, paid parental leave and more. Additional details about total compensation and benefits will be provided during the hiring process.

Annaly is committed to equal employment opportunity and providing reasonable accommodations to qualified candidates and employees pursuant to applicable law. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, or any other characteristic protected by federal, state, or local law. If you require reasonable accommodation as part of the application process, please contact our Human Resources department.

To learn more about Annaly Capital Management, Inc. please visit https://www.annaly.com | LinkedIn: www.linkedin.com/company/annaly-capital-management

About the company

Onslow Bay Financial

Onslow Bay Financial LLC (“Onslow Bay”) is a mortgage aggregator that buys closed, funded residential whole loans directly from correspondents. Onslow Bay is a wholly owned subsidiary of Annaly Capital Management, Inc. and has been active in acquiring residential whole loans since 2016. The Company’s ongoing commitment to the organic creation of residential credit assets differentiates it from others in the space.

Onslow Bay purchases closed, funded, performing residential loans made to mortgagors with stable incomes and employment histories. Onslow Bay is not an originator and does not directly service residential whole loans or seek to sell other products/servicers to borrowers. Onslow Bay values its correspondent partnerships and does not source loans through wholesale.

Onslow Bay’s expanded credit programs provide financing to many underserved borrowers across the country. In addition to being a HUD approved Investing Mortgagee, Onslow Bay currently holds the requisite state mortgage finance licenses, registrations, or exemptions (collectively, the “mortgage related approvals”) to purchase and own servicing across residential whole loans in all 50 states and the District of Columbia.

Founded

2013

Company size

51-200 employees

Industry

Financial Services

Org type

Privately Held

Headquarters

New York

Apply Now

About the company

Onslow Bay Financial

Onslow Bay Financial LLC (“Onslow Bay”) is a mortgage aggregator that buys closed, funded residential whole loans directly from correspondents. Onslow Bay is a wholly owned subsidiary of Annaly Capital Management, Inc. and has been active in acquiring residential whole loans since 2016. The Company’s ongoing commitment to the organic creation of residential credit assets differentiates it from others in the space.

Onslow Bay purchases closed, funded, performing residential loans made to mortgagors with stable incomes and employment histories. Onslow Bay is not an originator and does not directly service residential whole loans or seek to sell other products/servicers to borrowers. Onslow Bay values its correspondent partnerships and does not source loans through wholesale.

Onslow Bay’s expanded credit programs provide financing to many underserved borrowers across the country. In addition to being a HUD approved Investing Mortgagee, Onslow Bay currently holds the requisite state mortgage finance licenses, registrations, or exemptions (collectively, the “mortgage related approvals”) to purchase and own servicing across residential whole loans in all 50 states and the District of Columbia.

Founded

2013

Company size

51-200 employees

Industry

Financial Services

Org type

Privately Held

Headquarters

New York

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