Lead Legal Counsel, Capital Markets
The Team:
Upstart’s capital markets legal team is at the forefront of creating innovative deal structures that drive our business forward. We negotiate deals that push the envelope on deal terms in a thoughtful, strategic manner. By partnering with the capital markets business team, we exert a tremendous impact on the overall amount of funding that Upstart is able to obtain each year.
As the Lead Legal Counsel, Capital Markets at Upstart, you will work with counterparties across Upstart including members of the product, operations, compliance, accounting, tax, treasury and finance teams. You will work on bilateral deals, small club deals, broadly syndicated deals and everything in between.
How you’ll make an impact
Support the capital markets and finance teams in purchase and sale agreements, securitization transactions, other liquidity arrangements and day-to-day operational and legal support
Review, draft and negotiate a variety of transactional documents opposite sophisticated institutional investors, including asset managers, private equity funds, hedge funds and pension funds
Manage deal flow and work with outside counsel in structuring and executing various securitization transactions, including pass-throughs and asset-backed securitizations
Collaborate with a variety of internal and external stakeholders (including other members of the legal team) as new products are launched, ensuring consistency across documents and providing subject matter expertise over capital markets and investor channels
Develop processes and maintain/ improve templates for transactions to support and drive rapidly growing business.
Partner with product-regulatory colleagues to anticipate and address regulatory cross-winds
Create internal education on a variety of legal risks
Minimum Qualifications
J.D. degree with solid academic credentials and a state bar membership
10+ years of work experience, including both large law firm and in-house experience (in structured finance, debt finance or similar)
Experienced in drafting and negotiating sophisticated transactional documents
Strong communication skills with a demonstrated ability to effectively and proactively provide quick, concise, and practical legal advice
Experience managing a team
Preferred Qualifications
Prior experience at a fintech company focused on lending /credit markets
CA or NY bar membership
Proven ability to develop scalable processes and procedures
Eager to develop expertise in new or unfamiliar products and areas of law
Position location This role is available in the following locations: Remote
Time zone requirements The team operates on the East/West coast time zones.
Travel requirements As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions’ cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.
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At Upstart, your base pay is one part of your total compensation package. The anticipated base salary for this position is expected to be within the below range. Your actual base pay will depend on your geographic location–with our “digital first” philosophy, Upstart uses compensation regions that vary depending on location. Individual pay is also determined by job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
In addition, Upstart provides employees with target bonuses, equity compensation, and generous benefits packages (including medical, dental, vision, and 401k).
United States | Remote - Anticipated Base Salary Range
$208,000—$287,900 USD