Counsel, Capital Markets

Upstart; United States; Remote; USD 143,000 - 198,000; Full time

Job summary

Upstart, a leading AI lending marketplace, seeks a Legal Counsel to support its capital markets team. The ideal candidate will navigate complex legal issues in a dynamic environment, ensuring compliance while fostering innovation in financial products. This remote position offers competitive salary, bonuses, and a commitment to diversity.

Benefits

Generous medical, dental, and vision benefits

401k

Equity compensation

Target bonuses

Qualifications

• 5+ years of experience in structured finance deals.
• Solid academic credentials with state bar membership.
• Self-starter thriving under limited direction.

Responsibilities

• Support capital markets and finance teams.
• Provide legal guidance to mitigate risks.
• Take ownership of complex agreements.

Skills

Adaptability

Analytical Thinking

Communication

Education

J.D. degree

Job description

About Upstart

Upstart is the leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart's AI marketplace, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates across races, ages, and genders, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than 80% of borrowers are approved instantly, with zero documentation to upload.

Upstart is a digital-first company, which means that most Upstarters live and work anywhere in the United States. However, we also have offices in San Mateo, California; Columbus, Ohio; and Austin, Texas.

Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. If you are energized by the impact you can make at Upstart, we’d love to hear from you!

The Team:

Upstart’s legal team is a key component of the company, helping Upstart innovate in the fintech space across multiple products and supporting its mission of expanding access to credit based on true risk. We are a team of savvy, hardworking and genuinely nice individuals collaborating closely with the business in achieving its objectives.

As a Legal Counsel at Upstart, you will lead support our capital markets team in day-to-day matters as they arise (including on asset-backed securitizations, warehouse financings, and investment funds). This role requires someone who is adaptable and can think outside of the box, with a broad knowledge of regulations, capital markets practices, and interest in negotiating increasingly complex debt deals and related agreements.

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

How you’ll make an impact

• Work closely with our capital markets and finance teams
• Support other team members in addressing issues as they arise
• Provide legal and strategic guidance to assess and mitigate legal risk by building a deep understanding of the business and collaborating with legal colleagues and internal clients, including taking ownership of increasingly complex agreements within larger finance structures

What we’re looking for:

Minimum Qualifications

• J.D. degree with solid academic credentials and a state bar membership
• 5+ years of experience at a top-tier law firm, financial institution, or regulator with experience in structured finance deals
• Self-starter who thrives under limited direction and is excited by challenges
• Eager to develop expertise in new or unfamiliar areas of law
• Adaptability; willingness to be flexible and excited to work in a dynamic and fast-paced environment

Preferred Qualifications

Strong law firm training

• Well organized
• Broad knowledge of financial regulations and market practices
• NY or CA bar membership preferred

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

$143,000—$198,000 USD

Upstart is a proud Equal Opportunity Employer. We are dedicated to ensuring that underrepresented classes receive better access to affordable credit, and are just as committed to embracing diversity and inclusion in our hiring practices. We celebrate all cultures, backgrounds, perspectives, and experiences, and know that we can only become better together.

If you require reasonable accommodation in completing an application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please email [e-mail]

https://www.upstart.com/candidate_privacy_policy