HELOC Capital Markets Manager — Execution & Securitization

Upgrade; New York (NY); Hybrid; USD 140,000 - 160,000; Full time

Benefits offered by this job

Stock options

Health insurance

Flexible PTO

401(k) plan

Parental leave

Career development

Job summary

Upgrade is seeking a Manager to join its Capital Markets team in a hybrid role based in San Francisco, focusing on hands-on execution across warehouse facilities, forward flow, securitizations and our HELOC product.

You will be the primary or backup on live transactions, coordinating with Institutional and FI execution leads, reviewing documents, and supporting reporting, pricing, and investor communications.

Qualifications

• 4+ years of experience in capital markets, asset-backed finance, or a related consumer lending function.
• Familiarity with consumer lending and credit underwriting, and asset-based/structured finance (warehouse facilities, forward flow, and/or ABS).
• Proficient in Excel; SQL and/or 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 live warehouse, forward flow, and securitization transactions with Institutional and FI Execution Leads.
• 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.
• Review and help negotiate legal documentation for structured finance transactions (purchase agreements, servicing agreements, side letters) with internal and outside counsel.
• Analyze collateral performance using Excel, SQL, and Tableau to support pricing, structuring, and ongoing surveillance discussions.
• Coordinate with Institutional Sales 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

Capital markets

Asset-backed finance

Execution-oriented

Communication

Organized

Tools

Excel

SQL

Tableau

Job description

Upgrade is seeking a Manager to join its Capital Markets team in a hybrid role based in San Francisco, focusing on hands-on execution across warehouse facilities, forward flow, securitizations and our HELOC product.

You will be the primary or backup on live transactions, coordinating with Institutional and FI execution leads, reviewing documents, and supporting reporting, pricing, and investor communications.