Counsel II, Capital Markets

Overview

This role is part of the Legal, Compliance, and Public Affairs team and supports efforts to build a diversified capitalization strategy. The position partners closely with capital markets and bank partnerships business teams, and 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 early strategy discussions through deal execution.
• Draft, review, and negotiate U.S. 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 relevant to capital markets transactions.
• Provide clear, concise, and timely communication of legal advice.
• Assist with other special projects as needed.

Requirements

• 5+ years of relevant law-firm experience; in-house experience is preferred (particularly from a high-growth fintech start-up).
• JD degree from a well-regarded law school.
• Membership (in good standing) in a U.S. state bar.
• Prior legal experience in structured and/or debt finance, including some combination of:
  • 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 stakeholders.
• Strong interpersonal and problem-solving skills, meticulous attention to detail, maturity, strong proactivity, and an excellent attitude.
• Proven ability 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.

Preferred Qualifications

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

Compensation & Benefits

• Pay grade: M
• Equity grade: 6
• Employees new to the organization typically come in at the start of the pay range.

Base pay range (per year):

• USA base pay range (CA, WA, NY, NJ, CT): $185,000 - $245,000
• USA base pay range (all other U.S. states): $164,000 - $224,000

Base pay is part of a total compensation package that may include:

• Equity rewards
• Monthly stipends for health, wellness, and tech spending
• Benefits including 100% subsidized medical coverage, dental and vision for you and your dependents

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, and a few may be office-based due to the nature of the work.
• All new hires will be invited to attend an in-person onboarding experience.

Additional Information

• Visa sponsorship is not available for this position.
• For positions based in San Francisco or Los Angeles: qualified applicants with arrest and conviction records will be considered as required by law.
• Accommodations are available as part of the inclusive interview process for candidates with disabilities.