Manager of Capital Markets

Upgrade; San Francisco (CA); On-site; USD 140,000 - 190,000; Full time

Benefits offered by this job

Stock option plan

100% paid coverage of medical, dental,

vision insurance

Flexible PTO

Paid parental leave

Professional growth opportunities

Health & wellness initiatives

Job summary

Upgrade is seeking a Manager to join our Capital Markets team in San Francisco, focusing on hands-on execution across warehouse facilities, forward flow, securitizations, and a range of lending products. You will be the primary or backup point person ensuring live transactions move smoothly day to day, collaborating with Institutional and FI execution leads.

You will own deal execution mechanics, support reporting and onboarding of new institutional investors, and coordinate with sales, credit,

Qualifications

• 4+ years of experience in capital markets, asset-backed finance, or a related consumer lending function.
• Proficient in Excel; SQL and/or Tableau experience is a plus.
• Familiarity with consumer lending and credit underwriting, and asset-based/structured finance (warehouse facilities, forward flow, ABS).
• Execution-oriented — comfortable owning deliverables and deadlines on live transactions in a fast-paced environment.
• Highly organized, detail-oriented, and strong client service skills.

Responsibilities

• Own the day-to-day mechanics of deal execution: allocation reports, purchase confirmations, loan tape reviews, funding coordination, and closing checklists.
• Support warehouse and ABS reporting as a backup owner: covenant monitoring and investor reporting deliverables.
• Review and help negotiate legal documents for structured finance transactions with counsel.
• Analyze collateral performance using Excel, SQL, and Tableau to support pricing and surveillance discussions.
• Coordinate with Institutional Sales and Investor Ops to ensure smooth onboarding for banks, credit unions, and institutional investors.
• Collaborate cross-functionally with investor sales, credit, product, treasury, and engineering to support balance sheet management and data integrity.
• Assist onboarding of new institutional investors, warehouse facilities, and securitization counterparties; manage due diligence.
• Own ad hoc projects as funding programs scale.

Skills

Capital markets

Execution oriented

Excel

Tableau

Tools

SQL

Job description

• We are looking for a Manager to join our Capital Markets team, with a focus on hands‑on execution across Upgrade’s institutional funding programs --- warehouse facilities, forward flow whole loan sales, and securitizations --- spanning our lending products (personal loan, home improvement, indirect auto, BNPL, Card and more)
• This is an execution-oriented seat: you will be the primary or backup point person keeping live transactions moving day to day, working alongside the team’s Institutional and FI execution leads
• This position reports into the VP of Capital Markets
• 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

Benefits

• Stock option plan
• 100% paid coverage of medical, dental and vision insurance
• Flexible PTO
• Paid parental leave
• Opportunities for professional growth and development
• Health & wellness initiatives

Strong written and verbal communication skills, with the judgment to work directly with external counterparties4 + years of experience in capital markets, asset-backed finance, or a related consumer lending functionProficient in Excel; SQL and/or Tableau experience a plusFamiliarity with consumer lending and credit underwriting, and asset-based/structured finance more broadly (warehouse facilities, forward flow, and/or ABS)Execution-oriented — comfortable owning deliverables and deadlines on live transactions in a fast-paced environmentHighly organized, detail-oriented, and strong client service skills