The Role
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. You will work on bilateral deals, small club deals, broadly syndicated deals and everything in between.Â
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. 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.
How you'll make an impact
- 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 arrangementsÂ
- Review, draft and negotiate a variety of transactional documents opposite sophisticated institutional investors, including asset managers, private equity funds, hedge funds and pension funds
- 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.
- Manage a team of five attorneys, some of whom are very senior. Anticipate and unblock obstacles for the team's work.
- Create internal education on a variety of legal risks.
Minimum QualificationsÂ
- J.D. degree with solid academic credentials and a state bar membership
- 12 years of work experience, including both large law firm and in-house experience (in structured finance, debt finance or similar)
- Self-starter who is comfortable working in a fast-moving environment with competing priorities and possesses a "can-do" attitude
- Experienced in drafting and negotiating sophisticated transactional documents
- 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 products and areas of law
- Team player - no egos
- Prior experience managing a team of lawyers
Preferred Qualifications
- Prior experience at a fintech company focused on lending /credit markets
- CA or NY bar membership
- Proven ability to develop scalable processes and procedures
Position location This role is available in the following locations: RemoteÂ
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 quarter for 2-4 consecutive days at a time.
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