Counsel II, Capital Markets

Overview

The Legal, Compliance, and Public Affairs team combines legal, compliance, and policy expertise to guide growth, shape products, and build trust across the organization’s ecosystem.

This role is for a Counsel II, Capital Markets supporting the Corporate Affairs function. The attorney will help build a diversified capitalization strategy and advise on capital markets and finance initiatives. The position reports to the Director, Capital Markets Counsel.

Responsibilities

• Support the capital markets team in building a network of capital sources and strategies, including capital markets international expansion
• Support the bank partnerships team in building a network of originating and card issuing partner banks
• Guide financing transactions and initiatives from a legal perspective, from strategy discussions through deal execution
• Draft, review, and negotiate US and international capital markets deal documents, including:
  • Credit and security agreements
  • Loan sale agreements
  • Indentures
  • Officer certificates
  • Board and shareholder resolutions
  • Side letters
• Apply knowledge of lending and securities laws and regulations relating to capital markets transactions
• Communicate legal advice in a clear, concise, and timely manner
• Provide assistance with other special projects

Requirements

• 5+ years of relevant law-firm experience; additional in-house experience preferred (particularly from a high-growth fintech start-up)
• JD degree from a well-regarded law school
• Membership in good standing in a US state bar
• Prior legal experience in structured and/or debt finance, including:
  • Term, revolving, and asset-based lending
  • Warehouse and asset-backed financing
  • Loan sales
  • Securitizations
  • Creative forms of funding
• Strong integrity and work ethic
• Excellent business judgment and interpersonal skills to facilitate negotiations with external and internal customers
• Strong interpersonal and problem-solving skills, meticulous attention to detail, maturity, business judgment, proactivity, and a positive attitude
• Proven experience as a key contributing member of a high-performing team
• Self-motivation and willingness to take ownership of projects
• Ability to work efficiently both independently and as part of a team

Compensation & Benefits

• Pay grade: M
• Equity grade: 6
• New hires typically enter at the start of the pay range.
• Base pay (part of a total compensation package that may include equity rewards, monthly stipends for health, wellness and tech spending, and benefits including 100% subsidized medical coverage, dental and vision for you and your dependents):
  • USA base pay range (CA, WA, NY, NJ, CT) per year: $185,000 - $245,000
  • USA base pay range (all other U.S. states) per year: $164,000 - $224,000

Benefits highlights:

• Health coverage at no cost (100% of premiums for employees and their dependents)
• Monthly spending stipends for tech setup and health/wellness options
• Flexible time off and generous holiday calendars
• Employee stock purchase plan (ESPP) to buy stock at a discount

Location

• Remote-first with flexibility built in.
• Most roles can be done from almost anywhere within the country of employment.
• Some positions may occasionally require in-person work at an office; a few are office-based due to the nature of the work.
• All new hires will be invited to attend an in-person onboarding experience.

Visa sponsorship: not available for this position.

For positions based in San Francisco or Los Angeles: qualified applicants with arrest and conviction records are considered as required by law.