Counsel II, Capital Markets

Overview

This role involves supporting capital markets and finance legal work within the organization’s Corporate Affairs function. The Legal, Compliance, and Public Affairs team combines legal, compliance, and policy expertise to guide growth, shape products, and build trust across the organization’s ecosystem.

Counsel II, Capital Markets will report to the Director, Capital Markets Counsel and work closely with internal capital markets and bank partnerships 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 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 and apply 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 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; proactivity; 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 independently and as part of a team.

Preferred Qualifications

• Some additional in-house experience (particularly if it is 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 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 (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 include:

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

Visa sponsorship: 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 are 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.