[Remote] Assistant General Counsel, Capital Markets Legal
Note: The job is a remote job and is open to candidates in USA. Upstart is a leading AI lending marketplace focused on reducing the cost and complexity of borrowing for all Americans. The Assistant General Counsel (Director) for Capital Markets Legal will collaborate with various teams to structure complex financial transactions, negotiate agreements with institutional investors, and manage a team of attorneys to ensure effective legal support for the capital markets business.ResponsibilitiesPartner closely with Upstart’s capital markets team to structure securitization transactions (including pass-throughs and asset-backed securitizations), complex purchase and sale agreement structures and other liquidity arrangementsReview, draft and negotiate a variety of transactional documents opposite sophisticated institutional investors, including asset managers, private equity funds, hedge funds and pension fundsInfluence and marshall colleagues outside of the legal team and external parties to drive deals or projects to completion. Represent the legal team in high-level discussions with external parties, including outside counsel, auditors, regulators, and industry associationsManage a team of five attorneys, some of whom are very senior. Anticipate and unblock obstacles for the team’s workCreate internal education on a variety of legal risksSkillsJ.D. degree with solid academic credentials and a state bar membership12 years of work experience, including both large law firm and in-house experience (in structured finance, debt finance or similar)Self-starter who is comfortable working in a fast-moving environment with competing priorities and possesses a 'can-do' attitudeExperienced in drafting and negotiating sophisticated transactional documentsStrong communication skills with a demonstrated ability to effectively and proactively provide quick, concise, and practical legal adviceEager to develop expertise in new or unfamiliar products and areas of lawTeam player – no egosPrior experience managing a team of lawyersPrior experience at a fintech company focused on lending /credit marketsCA or NY bar membershipProven ability to develop scalable processes and proceduresBenefitsCompetitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterlyGenerous 401(k) plan with Upstart matching $2 for every $1 contributed, up to $15,000 per yearEmployee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employeesAffordable medical, dental, and vision coverage, with multiple plan options - Upstart covers 90% to 100% of the cost depending on the plans you chooseHealth Savings Account contributions from Upstart for eligible plansIncome protection benefits, including company-paid Basic Life, AD&D, and Short- and Long-Term Disability coverage, with options to purchase supplemental coveragePaid time off, sick and safe time, and company holidaysPaid family and parental leave to support caregiving and major life momentsFamily-centered benefits through Carrot and Cleo, supporting fertility, parenthood, and caregivingEmployee Assistance Program (EAP) offering mental health support and life-centered resourcesFinancial wellness resources, including access to financial planning tools and a financial concierge serviceAnnual wellness allowance to support your physical and emotional well-being and personal development, based on what matters most to youAnnual productivity allowance to invest in relevant tools and resources you need to do your best work, no matter where you work fromConnection and community through team events and onsites, all-company updates, and employee resource groups (ERGs)Onsite perks, including catered lunches and fully stocked micro-kitchens when working from one of our four offices, located in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!)Company OverviewUpstart is a leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. It was founded in 2012, and is headquartered in San Mateo, California, USA, with a workforce of 1001-5000 employees. Its website is https://upstart.com/about.