Manager, Capital Markets

Upgrade•San Francisco, CA

15h•Hybrid

About The Position

Upgrade is seeking a Manager to join its Capital Markets team. This role focuses on hands-on execution within Upgrade's institutional funding programs, including warehouse facilities, forward flow whole loan sales, and securitizations, across various lending products such as personal loans, home improvement, indirect auto, BNPL, and Card. The position is execution-oriented, requiring the individual to be a primary or backup point person for managing live transactions daily, working closely with the Institutional and FI execution leads. The role reports to the VP of Capital Markets and is based in the San Francisco office with a hybrid work arrangement (Tuesdays, Wednesdays, and Thursdays in office).

Requirements

4+ years of experience in capital markets, asset-backed finance, or a related consumer lending function.
Familiarity with consumer lending and credit underwriting, and asset-based/structured finance more broadly (warehouse facilities, forward flow, and/or ABS).
Proficient in Excel.
Execution-oriented — comfortable owning deliverables and deadlines on live transactions in a fast-paced environment.
Strong written and verbal communication skills, with the judgment to work directly with external counterparties.
Highly organized, detail-oriented, and strong client service skills.
English is required for all positions, as it involves interacting with staff at Upgrade's offices worldwide.

Nice To Haves

SQL and/or Tableau experience a plus.

Responsibilities

Serve as primary or backup execution support on a subset of Upgrade's lending products, partnering with the Institutional and FI Execution Leads on live warehouse, forward flow, and securitization transactions.
Own the day-to-day mechanics of deal execution, including allocation reports, purchase confirmations, loan tape reviews, funding and settlement coordination, and closing checklists.
Support warehouse and ABS reporting as a backup owner, including covenant monitoring, borrowing base calculations, and timely delivery of investor reporting deliverables, in partnership with the team's warehouse reporting leads.
Review and help negotiate legal documentation for structured finance transactions (purchase agreements, servicing agreements, side letters) alongside internal and outside counsel.
Analyze collateral performance using Excel, SQL, and Tableau to support pricing, structuring, and ongoing surveillance discussions.
Coordinate with Institutional Sale and Investor Ops stakeholders to ensure a smooth experience for bank, credit union, and institutional investor counterparties.
Work cross-functionally with investor sales, credit, product, treasury, and engineering teams to support balance sheet management and data integrity across funding channels.
Support onboarding of new institutional investors, warehouse facilities, and securitization counterparties, including operational setup and due diligence.
Take on ownership of ad hoc projects as the team's funding programs scale.