Counsel II, Capital Markets

Overview

The organization is seeking a Counsel II, Capital Markets to join the Legal, Compliance, and Public Affairs team within the Corporate Affairs function. This role will support efforts to build a diversified capitalization strategy.

The position reports to the Director, Capital Markets Counsel and works closely with capital markets and bank partnerships business teams.

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 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 and apply lending and securities laws and regulations relevant 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; 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:
  • 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, and proactivity
• Proven experience as a key contributing member of a high-performing team
• Self-motivation and ownership of projects
• Ability to work efficiently both solo 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 (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, plus 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

Additional benefits highlights:

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

Please note: visa sponsorship is not available for this position.

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 are office-based due to the nature of the work. All new hires will be invited to attend an in-person onboarding experience.

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

Application / Interview Accommodation

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