Counsel II, Capital Markets

Overview

The Legal, Compliance, and Public Affairs team provides legal, compliance, and policy expertise that helps the organization scale, shape products, and build trust with consumers, merchants, and key partners. Work spans multiple legal disciplines to support the organization’s mission to deliver honest financial products.

This role is for Counsel II, Capital Markets within the Corporate Affairs function. The position supports efforts to build a diversified capitalization strategy and provides legal guidance across capital markets and finance initiatives.

Responsibilities

• Support the capital markets team in building and expanding the organization’s network of capital sources and strategies, including capital markets international expansion
• Support the bank partnerships team in building and expanding 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 applicable to capital markets transactions
• Communicate legal advice clearly, concisely, and in a timely manner
• Provide assistance with other special projects as needed

Requirements

• 5+ years of relevant law-firm experience; preference for some additional in-house experience (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 combinations of the following:
  • 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, proactivity, and a strong 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
• 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, and benefits including:

• 100% subsidized medical coverage
• dental and vision for you and your dependents

Location & Work Arrangement

• Remote-first with flexibility: 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.
• 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.