Assistant General Counsel, Capital Markets & Securitization

Requirements

• J.D. degree with solid academic credentials and a state bar membership
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• 12 years of work experience, including both large law firm and in-house experience (in structured finance, debt finance or similar)
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• Self-starter who is comfortable working in a fast-moving environment with competing priorities and possesses a “can-do” attitude
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• Experienced in drafting and negotiating sophisticated transactional documents
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• Strong communication skills with a demonstrated ability to effectively and proactively provide quick, concise, and practical legal advice
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• Eager to develop expertise in new or unfamiliar products and areas of law
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• Team player – no egos
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• Prior experience managing a team of lawyers
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• (Desirable) Prior experience at a fintech company focused on lending /credit markets
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• (Desirable) CA or NY bar membership
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• (Desirable) Proven ability to develop scalable processes and procedures

What the job involves

• As the Assistant General Counsel (Director), Capital Markets Legal at Upstart, you will work with counterparties across Upstart including members of the product, operations, compliance, accounting, tax, treasury and finance teams
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• You will work on bilateral deals, small club deals, broadly syndicated deals and everything in between
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• 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
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• 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
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• Partner closely with Upstart’s capital markets team to structure securitization transactions (including pass-throughs and asset-backed securitizations), complex purchase and sale agreement structures and other liquidity arrangements
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• Review, draft and negotiate a variety of transactional documents opposite sophisticated institutional investors, including asset managers, private equity funds, hedge funds and pension funds
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• Influence and marshall colleagues outside of the legal team and external parties to drive deals or projects to completion. Represent the legal team in high-level discussions with external parties, including outside counsel, auditors, regulators, and industry associations
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• Manage a team of five attorneys, some of whom are very senior. Anticipate and unblock obstacles for the team’s work
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• Create internal education on a variety of legal risks