Legal Counsel, Lendable
Capital Markets, Securitisation
+ Equity
More information about location
Profitable Fintech Unicorn - Lending Platform
Job no longer available
Profitable Fintech Unicorn - Lending Platform
501-1000 employees
Job no longer available
+ Equity
More information about location
501-1000 employees
Company mission
To make consumer finance amazing: faster, cheaper and friendlier.
Role
Who you are
- You have a deep understanding of capital markets and structured finance products
- You are a commercial and pragmatic lawyer with experience of advising on complex transactions
- You thrive in a fast-paced, dynamic environment and can manage multiple projects simultaneously
- You are a qualified lawyer in a common law jurisdiction with 2-4 years post qualification experience in capital markets
- Strong experience in securitisation, structured finance or derivatives teams gained in-house or at a leading law firm
- Knowledge of regulatory frameworks affecting capital markets transactions
- Understanding of fund structures and regulations is beneficial but not critical
- Derivatives/hedging experience is beneficial but not critical
- A mindset that is adaptable and flexible to change
- Excellent communication and relationship-building skills
What the job involves
- This is a key legal role, focusing on capital markets transactions. You will sit with our mature capital markets team and will be responsible for providing legal support on a range of funding initiatives, including securitisation, forward flow transactions, and other structured finance solutions
- The role will involve working on all aspects of our capital markets activities, helping to build and maintain a robust and scalable funding platform to support Lendable's growth in the UK and beyond
- From day-to-day, you can expect to be:
- Structuring, drafting, negotiating and executing securitisation transactions, forward flow arrangements and similar financing activities
- Supporting fund establishment and ongoing fund administration
- Working on hedging transactions
- Managing relationships with various finance parties
- Advising on debt sales and asset acquisitions
- Working with external counsel on complex capital markets transactions
Salary benchmarks
Our take
Lendable competes with banks, other lenders, and consumer finance companies to make finance and credit easier to access for all consumers. Streamlining the loan application process, the company cuts personalised rates and fund transfers from days to minutes.
Lendable believes it can win in this crowded field due to its market-best customer service and strong financials. Part of its success is due to its funding coming from institutional investors. Lendable originates and services its loans on behalf of institutional investors, but doesn't hold them on its own balance sheet.
Growing insolvencies will worry all lending platforms, but Lendable looks well-placed to weather any credit storm given its substantial debt financing. With fresh funding, this profitable fintech unicorn is poised to make credit access easier for consumers. And with the launch of two new products in the US, Lendable is certainly in a good position for more growth.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Mar 2022
$280.7m
GROWTH EQUITY VC
Sep 2017
$6.5m
SERIES A
Total funding: $290.6m
Company benefits
- 💸 Best-in-class compensation, including equity
- 🏥 Comprehensive private health insurance (including dental, optometry and general wellbeing)
- 🎊 Multiple opportunities to socialise with your team and the wider company
- 💻 Equipment provided for you to do your best work!
- 🏠 You can work from home every Monday and Friday if you wish - on the other days we all come together IRL to be together, build and exchange ideas (hybrid)
- 🍲 Our in-house chefs prepare fresh, healthy lunches in the office every Tuesday-Thursday
- 🚗 EV car scheme (Octopus)
- 🚲 Cycle to work scheme
- 🧮 Pension
- 🌴 25 days of annual leave - excluding bank holidays
- 🏋️♀️ 50% off gym memberships at Virgin Active and Nuffield (via Vitality health insurance)
Company HQ
London, UK
Articles
Leadership
Martin Kissinger
(Co-Founder & CEO)Studied Economics as an undergraduate at LSE before doing an MPhil at Oxford University. Worked as an Entrepreneur in Residence at Rocket in Berlin.
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