Senior Legal Counsel, Capital Markets

Upstart

15h•$179,900 - $249,100•Remote

About The Position

Upstart’s Legal team partners with Capital Markets and Finance to support funding strategies for its lending platform, including securitizations, whole loan sales, and other liquidity channels. The Senior Legal Counsel, Capital Markets supports key financing transactions and provides practical legal guidance across investor-facing activities. The role works cross-functionally to scale processes and promote consistency across products and funding structures. The position is remote and supports teams operating in East and West Coast time zones. Most work can be done remotely, with employees encouraged to attend in-person team sessions. The cadence varies by team and role; most teams meet once or twice per quarter for two to four consecutive days. The anticipated U.S. base salary range is $179,900–$249,100, with actual base pay depending on location, skills, experience, and relevant education or training. The total compensation package may also include target bonuses, equity compensation, and benefits.

Requirements

Juris Doctor (J.D.) degree and active membership in at least one U.S. state bar.
At least 4 years of legal experience in structured finance, debt finance, capital markets, or a related practice area.
Experience drafting and negotiating transactional agreements in financing or capital markets contexts.
Experience working with cross-functional stakeholders and external counsel on complex transactions.

Nice To Haves

Experience working at a fintech or lending-focused company.
Knowledge of asset-backed securitizations and capital markets structures.
Ability to manage multiple transactions with competing priorities and timelines.
Skills in developing or improving legal templates and transaction processes.
Ability to communicate legal concepts clearly to business and non-legal stakeholders.

Responsibilities

Support capital markets and finance teams on purchase and sale agreements, securitizations, other liquidity arrangements, and day-to-day legal matters.
Draft, review, and negotiate transactional documents with institutional investors, including asset managers, private equity firms, hedge funds, and pension funds.
Partner with internal stakeholders and external counsel to support the structuring and execution of securitization transactions, including pass-through and asset-backed structures.
Help manage deal flow, timelines, and documentation across multiple concurrent transactions.
Collaborate with legal, product, and regulatory teams to ensure consistency across agreements and alignment with evolving requirements.
Maintain and improve transaction templates and processes to support efficient, scalable execution.
Provide guidance on legal risks and contribute to internal education on capital markets topics.

Benefits

Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly.
401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually.
Employee Stock Purchase Plan with discounted stock purchase options for eligible U.S. employees.
Comprehensive health coverage, including medical, dental, vision, and wellness resources for U.S. employees.
Health Savings Account contributions from Upstart for eligible U.S. plans.
Life insurance and disability coverage.
Paid time off, sick leave, and company holidays, in line with local requirements.
Paid family and parental leave; duration varies by country.
Family-centered benefits supporting fertility, parenthood, and caregiving needs.
Employee Assistance Program offering mental health support and life-centered resources.
Financial wellness resources, including access to financial planning tools and a financial concierge service for U.S. employees.
Annual wellness allowance supporting physical and emotional well-being and personal development.
Annual productivity allowance for relevant work tools and resources.
Team events, all-company updates, and employee resource groups.
Catered lunches and stocked micro-kitchens at offices in the Bay Area, Austin, Columbus, and New York City.