Counsel II, Capital Markets

Overview

The legal, compliance, and public affairs team supports scalable growth and product innovation by combining legal, compliance, and policy expertise to guide growth, shape products, and build trust across the organization’s ecosystem.

This role is for Counsel II, Capital Markets within the corporate affairs function, reporting to the Director, Capital Markets Counsel. The position supports efforts to build a diversified capitalization strategy and works closely with capital markets and bank partnerships business teams.

Responsibilities

• Support the capital markets team in building the organization’s network of capital sources and strategies, including capital markets international expansion
• Support the bank partnerships team in building 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 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 combinations of:
  • 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, strong business judgment, proactivity, and a positive 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

• Additional in-house experience (particularly 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.

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

USA base pay range (per year)

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

Benefits highlights

• Health coverage at no cost: 100% of premiums for employees and their dependents
• Spending stipends: monthly stipends for tech setup and to choose health and wellness options
• Time off: flexible time off and generous holiday calendars
• Employee Stock Purchase Plan (ESPP): 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; others may be office-based depending on 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.
• Inclusive interview process includes accommodations for candidates with disabilities.
• For positions based in San Francisco or Los Angeles: qualified applicants with arrest and conviction records will be considered as required by law.