Counsel II, Capital Markets

Overview

The Legal, Compliance, and Public Affairs team supports the organization as it scales and innovates by combining legal, compliance, and policy expertise. This work helps guide growth, shape products, and build trust across the organization’s ecosystem.

This role is part of the Corporate Affairs function and focuses on counsel for capital markets and finance initiatives, including developing a diversified capitalization strategy.

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
• Demonstrate knowledge of lending and securities laws and regulations applicable to capital markets transactions.
• Communicate legal advice clearly, concisely, and in a timely manner.
• Assist with other special projects as needed.

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 experience with:
  • Term, revolving, and asset-based lending
  • Warehouse and asset-backed financing
  • Loan sales
  • Securitizations
  • Creative forms of funding
• Outstanding integrity and work ethic.
• Excellent business judgment and interpersonal skills to facilitate negotiations with external and internal stakeholders.
• Strong interpersonal and problem-solving skills, meticulous attention to detail, maturity, proactive mindset, and a strong attitude.
• Proven experience contributing as a key 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.

Preferred Qualifications

• Some in-house experience (particularly if from a high-growth fintech start-up).

Compensation & Benefits

• Pay grade: M
• Equity grade: 6

Base pay is 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

Employees new to the organization typically come in at the start of the pay range.

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 company stock at a discount

Location

Remote-first with flexibility built in. Most roles can be performed 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 are invited to attend an in-person onboarding experience.

Visa sponsorship is not available for this position.

For positions based in San Francisco or Los Angeles: the organization considers qualified applicants with arrest and conviction records, as required by law.

Additional Information

The organization is committed to an inclusive interview process, including accommodations for candidates with disabilities.