PROSPER

USA

Posted on: 01 August 2024

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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.