Assistant General Counsel, Structured Finance

About Upstart

Upstart is a 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 two-thirds of Upstart loans are approved instantly and are fully automated.

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!

As Assistant General Counsel you will lead and negotiate complex structured finance transactions, including capital markets transactions, warehouse facilities, JV structures, and complex purchase and servicing agreements 

Position Location - This role is available in the following locations: Remote (Pacific Time zone preferred), San Mateo, CA, and Columbus, OH

Time Zone Requirements - This 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 some high quality time in-person collaborating via regular onsites. The in-person sessions’ cadence varies depending on the team and role. The entire legal team meets twice a year, the subteam for this role meets twice per year and the capital markets team meets quarterly (legal does not always attend). 

How you’ll make an impact:

• Lead and support negotiations on complex structured financing transactions
• Work closely with our capital markets, finance and accounting teams to structure novel deals with key investors in order to ensure capital commitments for Upstart
• Support and grow a team of attorneys who can adeptly tackle this work
• Provide legal and strategic guidance to assess and mitigate legal risk by building a deep understanding of the business and collaborating with internal clients, including accounting, data analytics, product, treasury, operations and tax

What we’re looking for: 

• Minimum qualifications:
  • J.D. degree with solid academic credentials and a state bar membership (CA or NY preferred)
  • 7+ years of experience with a minimum of 3 years at a top-tier law firm; experience with asset-backed securitizations, secured and unsecured lending and credit facilities.
  • Strong communication skills with a demonstrated ability to effectively and proactively provide quick, concise, and practical legal advice
  • 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:
  • Experience setting up joint ventures, co-investments  or funds; experience negotiating against or working with large private equity / credit funds.  
  • Prior in-house experience at a fintech company
  • Experience managing other attorneys
  • Self-starter who thrives under limited direction and is excited by challenges
    

What you'll love: 

• Competitive Compensation (base + bonus & equity)
• Comprehensive medical, dental, and vision coverage with Health Savings Account contributions from Upstart 
• 401(k) with 100% company match up to $4,500 and immediate vesting and after-tax savings
• Employee Stock Purchase Plan (ESPP)
• Life and disability insurance
• Generous holiday, vacation, sick and safety leave  
• Supportive parental, family care, and military leave programs
• Annual wellness, technology & ergonomic reimbursement programs
• Social activities including team events and onsites, all-company updates, employee resource groups (ERGs), and other interest groups such as book clubs, fitness, investing, and volunteering
• Catered lunches + snacks & drinks when working in offices

#LI-REMOTE

#LI-Director

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).

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 candidate_accommodations@upstart.com

https://www.upstart.com/candidate_privacy_policy