Capital Markets Manager — ABS & Warehouse Execution

Upgrade, Inc.; San Francisco (CA); Hybrid; USD 140,000 - 160,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

Flexible PTO

401(k) and RRSP program

Stock options

Parental leave

Wellness initiatives

Job summary

Upgrade, Inc. is seeking a Manager to join its Capital Markets team in San Francisco on a hybrid basis.

You will be the primary or backup execution lead across warehouse facilities, forward flow and securitizations for multiple lending products, coordinating closely with Institutional and FI execution leads. In this execution-oriented role, you will manage day-to-day deal mechanics, reporting, and due diligence, while collaborating with investor relations, credit, product, treasury, and

Qualifications

• 4+ years of experience in capital markets, asset-backed finance, or a related consumer lending function.
• Familiarity with consumer lending and credit underwriting; asset-based/structured finance.
• Proficient in Excel; SQL and Tableau experience a plus.
• Execution-oriented — comfortable owning deliverables and deadlines on live transactions in a fast-paced environment.
• Strong written and verbal communication skills, with the judgment to work directly with external counterparties.
• Highly organized, detail-oriented, and strong client service skills.

Responsibilities

• Serve as primary or backup execution support on a subset of Upgrade's lending products, partnering with the Institutional and FI Execution Leads on live warehouse, forward flow, and securitization transactions.
• Own the day to day mechanics of deal execution: allocation reports, purchase confirmations, loan tape reviews, funding and settlement coordination, and closing checklists.
• Support warehouse and ABS reporting as a backup owner — covenant monitoring, borrowing base calculations, and timely delivery of investor reporting deliverables, in partnership with the team's warehouse reporting leads.
• Review and help negotiate legal documentation for structured finance transactions (purchase agreements, servicing agreements, side letters) alongside internal and outside counsel.
• Analyze collateral performance using Excel, SQL, and Tableau to support pricing, structuring, and ongoing surveillance discussions.
• Coordinate with Institutional Sale and Investor Ops stakeholders to ensure a smooth experience for bank, credit union, and institutional investor counterparties.
• Work cross-functionally with investor sales, credit, product, treasury, and engineering teams to support balance sheet management and data integrity across funding channels.
• Support onboarding of new institutional investors, warehouse facilities, and securitization counterparties, including operational setup and due diligence.
• Take on ownership of ad hoc projects as the team's funding programs scale.

Skills

Excel

SQL

Tableau

Capital markets

Tools

Excel

SQL

Tableau

Job description

Upgrade, Inc. is seeking a Manager to join its Capital Markets team in San Francisco on a hybrid basis.

You will be the primary or backup execution lead across warehouse facilities, forward flow and securitizations for multiple lending products, coordinating closely with Institutional and FI execution leads. In this execution-oriented role, you will manage day-to-day deal mechanics, reporting, and due diligence, while collaborating with investor relations, credit, product, treasury, and