Assistant General Counsel, Upstart
Commercial
$239.2-331k
+ Bonus + Annual Equity Grants + ESPP
More information about location
AI lending marketplace
Be an early applicant
AI lending marketplace
1001+ employees
Be an early applicant
$239.2-331k
+ Bonus + Annual Equity Grants + ESPP
More information about location
1001+ employees
Company mission
To enable effortless credit based on true risk.
Role
Who you are
- 10+ years of experience practicing commercial transactions, including representing an in-house sales team
- Experience managing a team of lawyers and legal professionals
- Balances work as an individual contributor and as a people manager
- Prior law firm and in-house experience
- Excellent contract drafting and negotiation skills
- Expertise in contract law
- Experience placing a lien on an asset and perfecting the lien
Desirable
- Banking and/or fintech commercial legal experience strongly preferred
- 3+ years of experience working at a highly-regarded national law firm
- 3+ years of in-house experience
- Familiarity with data privacy issues
- Familiarity with true lender and true sale issues
- Admission to the CA or NY Bar
What the job involves
- As Assistant General Counsel, you will lead a team rebuild of commercial attorneys
- You will negotiate and draft contracts covering a large range of subject matter, as your team will be responsible for all of Upstart’s third party contracts other than those with its financiers/investors
- In addition, your team will support the lending partnerships sales team at Upstart
- Your team will support Upstart’s sales team on all of their lending partnership work while also negotiating/drafting/structuring commercial contracts for every third party engaged by anyone at Upstart
Our take
Based in San Mateo, California, Upstart is piositioning itself as a leading AI lending marketplace, connecting millions of consumers with more than 100 banks and credit unions. In a market where credit access can be limited by traditional scoring methods, Upstart aims to make lending fairer and more accessible by using technology to better understand each borrowers true potential.
Upstart builds AI and cloud-based tools that help lenders approve more borrowers at lower rates. Its models analyze thousands of variables (not just credit scores) to predict creditworthiness more accurately. And through its platform, consumers can access personal, auto, and home-equity loans, as well as smaller "relief" loans, all through a seamless digital experience.
So far, its success is reflected in its high loan automation rate (over 90% of loans are fully processed without human intervention) and the billions in loan originations it has facilitated. The company continues to refine its AI models and expand its offerings, with the goal of helping lenders serve more customers while making borrowing easier and more affordable.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-16% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Apr 2019
$50m
SERIES D
Mar 2017
$32.5m
SERIES D
Total funding: $135.7m
Company benefits
- Comprehensive health plans
- 401k Plan
- Annual wellness reimbursement
- Disability insurance
- Generous vacation policy
- Flexible time off
- Parental leave
- Family forming benefits through Carrot
- Technology equipment budget
- Personal development budget
- Various clubs and extracurricular activities
- Catered lunches
- Fully stocked micro-kitchen
Company HQ
South San Mateo, San Mateo, CA
Leadership
David Girouard
(Founder & CEO)They started their career at Accenture and Booz Allen & Hamilton before working in Product Management at Apple and Virage. They left their role of 8 years as President of Enterprise at Google to found Upstart in March 2012.
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