Corporate Counsel
The Role
We are seeking a highly motivated attorney with experience in structured finance / secured lending to join our wonderful legal team as Corporate Counsel. This person will play a key role in Prosper’s business, partnering closely with our Capital Markets team on a broad range of transactional matters, including institutional loan sales and servicing, credit facilities, securitizations and advising on operations, marketing and strategy related to Capital Markets. This attorney is collaborative, able to thrive in a fast-paced, complex environment, and is comfortable advising all levels of the business and management on relevant legal issues. This role will report to the Sr. Corporate Counsel.
Problems You Will Solve
- Provide creative legal solutions for complex Capital Markets transactions, such as credit facilities and securitizations
- Review and negotiate transaction documents for new clients, including agreements for the sale and servicing of unsecured consumer loans
- Advise Capital Markets on non-disclosure agreements, engagement letters and transaction agreements
- Review and negotiate contracts for existing clients, including multi-party agreements with leverage providers, account control agreements, asset transfer agreements, and back up servicing agreements
- Provide ongoing guidance and support to Capital Markets team for interpretation of existing agreements and client communications
- Coordinate and execute closings of large transactions
- Advise on related strategic, operational and marketing matters
- Devise processes to help support a rapidly-growing business
- Provide occasional support to legal team on commercial agreements
About You
- Experience in capital markets and structured finance
- Experience leading transactional negotiations
- Great interpersonal skills and ability to collaborate and communicate with a variety of stakeholders in a fast-paced environment
- Exceptional judgment and creativity, with the ability to think strategically and give practical advice appropriately balancing legal, pragmatic and business-focused objectives
- Demonstrated ability to take ownership and resolve issues with minimal supervision
- Attention to detail, with excellent organizational skills and strong work ethic
- Proven ability to manage multiple projects concurrently in an evolving environment
- Effective and persuasive written and oral communication skills
- J.D. degree and be a state bar member or in house qualification in good standing
- Four+ years of combined law firm, government and/or in-house legal department experience, with increasing or suitable responsibility
What We Offer You
- The opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people's lives
- The opportunity to work in a fast-paced environment with experienced industry leaders
- Flexible time off, comprehensive health coverage, competitive salary, paid parental leave
- Wellness benefits including access to mental health resources, virtual HIIT and yoga workouts
- A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts.
$158,000 - $208,000 a year
Compensation details: The salary for this position is $158,000 - $208,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors.