Upstart is a leading ai lending platform partnering with banks and credit unions to expand access to affordable creditAs we transitioned to being a public company, we’re now poised to leverage our domain expertise and revolutionize every aspect of lending and credit risk evaluationWe’ve recently expanded our offerings to include automobile refinancing and we plan to take on more verticals as the business grows.
By leveraging upstart`s ai platform, upstart-powered banks and credit unions can have higher approval rates and lower loss rates, while simultaneously delivering the exceptional digital-first lending experience their customers demandUpstart`s patent-pending platform is the first to receive a no-action letter from the consumer financial protection bureau related to fair lendingUpstart not only supports a large remote workforce, but also has offices in san mateo, ca; columbus, oh; and austin, tx.
Most upstarters join us because they connect with our mission of enabling access to effortless credit based on true riskIf you are energized by the impact you can make at upstart, we’d love to hear from you!
As a senior legal counsel at upstart, you will have the opportunity to handle a broad range of commercial, business development, and transactional legal matters across the entire organizationThis position is unique because it offers the opportunity to get exposed to issues that have never existed before and work on diverse tasks such as contract drafting and negotiation, escalated customer situations, and a number of projects that will arise as we continue to scaleExperience drafting and negotiating complex b2b saas agreements is requiredExperience drafting and negotiating commercial agreements involving financial services and/or businesses in a heavily regulated environment is a big plusIf you have the confidence, creativity, and flexibility to tackle ambiguity and craft innovative legal arrangements with a bias towards action, this could be the right opportunity for you.
Position location - this role is available in the following locations: remote, san mateo, columbus
Time zone requirements - this team operates on west coast time zones, but does have east coast deal work.
Travel requirements - this team has occasional on-site collaboration sessionsThese occur 3 days per month or quarter at the san mateo officesIf you need to travel to make these meetups, upstart will cover all travel-related expenses.
How you’ll make an impact:
Provide legal and strategic guidance to assess and mitigate legal risk by building a deep
Understanding of the business and collaborating with internal clients to support their
Act as key point person in supporting our saas lending partnership business and our
Auto commerce business;
Engage with numerous internal stakeholders to effectively escalate and resolve issues
Review, draft, and negotiate a wide variety of commercial contracts, including master
Service agreements, software licenses, sows, consulting services agreements, and
Other purchase agreements; and
Develop processes and templates for commercial transactions to support and drive the
Rapidly growing business.
What we’re looking for:
J.dDegree with solid academic credentials and a state bar membership (ca or ny
4+ years of experience with at least 2 years of experience in an in-house legal dept
Self-starter who is comfortable working in an intense, sales-driven environment with
Competing priorities and a natural aptitude to project manage commercial deals;
Commercial transactional experience dealing with complex business issues and data
Licensing, preferably in a heavily-regulated industry;
Strong communication skills with a demonstrated ability to effectively and proactively
Provide quick, concise, and practical legal advice; and
Eager to develop expertise in new or unfamiliar areas of law.
What you’ll love:
Competitive compensation (base + bonus & equity)
Comprehensive medical, dental, and vision coverage
Personal development and technology & ergonomic budgets
Life insurance and disability benefits
Clubs and activities (game nights, fitstarters, superwomen, book club, investing club, money discussions, photography club and basketball teams)
Generous vacation policy
401(k) and employee stock purchase plan (espp)
Catered lunches + snacks & drinks
Upstart is a proud equal opportunity employerWe are dedicated to ensuring that underrepresented classes receive better access to affordable credit, and are just as committed to embracing diversity and inclusion in our hiring practicesWe celebrate all cultures, backgrounds, perspectives, and experiences, and know that we can only become better together.