Counsel II, Capital Markets

Overview

This role supports the Legal, Compliance, and Public Affairs function with a focus on capital markets and finance. The position involves advising on and helping execute financing transactions, supporting efforts to expand the organization’s network of capital sources and partner banks, and drafting and negotiating a wide range of US and international deal documents.

Responsibilities

• Support the capital markets team in building out the organization’s network of capital sources and strategies, including capital markets international expansion.
• Support the bank partnerships team in building out the organization’s 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 relating 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 is preferred (particularly if from a high-growth fintech start-up).
• JD from a well-regarded law school and membership (in good standing) in a US state bar.
• Prior legal experience in structured and/or debt finance, including (as applicable):
  • 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 customers.
• Strong interpersonal and problem-solving skills, meticulous attention to detail, maturity, an eye for business, proactivity, and an excellent 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 solo and as part of a team.

Preferred Qualifications

• Some additional in-house experience, particularly from a high-growth fintech start-up.

Compensation & Benefits

• Pay grade: M
• Equity grade: 6
• New hires typically start at the beginning of the pay range.
• 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 (per year):

• CA, WA, NY, NJ, CT: $185,000 - $245,000
• All other U.S. states: $164,000 - $224,000

Location & Work Model

• 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 are 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 may be considered, as required by law.
• The hiring process includes accommodations for candidates with disabilities.