Assistant General Counsel, Product & Regulatory at Upstart

About UpstartUpstart is the leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstarts AI marketplace Upstart-powered banks and credit unions can have higher approval rates and lower loss rates across races ages and genders while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than 80% of borrowers are approved instantly with zero documentation to upload.Upstart is a digital-first company which means that most Upstarters live and work anywhere in the United States. However we also have offices in San Mateo California; Columbus Ohio; Austin Texas; and New York City NY (opening Summer 2026).Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. If you are energized by the impact you can make at Upstart wed love to hear from you!The Role:As the Assistant General Counsel Product & Regulatory Legal you will play a key role in providing legal guidance in supporting Upstarts product and marketing initiatives as well as in developing new products and features to serve the personal loan open line of credit small dollar loan and auto refinance market.How youll make an impact:Strategic Legal Leadership & Team ManagementLead and develop a team of attorneys and legal professionals within the Product & Regulatory Legal Team fostering a culture of accountability collaboration and professional growthServe as the primary legal advisor for origination-related matters guiding the product and marketing teams through complex legal and regulatory considerationsAct as a key escalation point for the legal team ensuring issues are efficiently triaged and resolved and provide timely business-oriented recommendationsProduct & Regulatory CounselProvide strategic legal counsel on product development marketing and customer onboarding for personal loan small dollar loan open line of credit and auto refinance products offered through Upstarts bank partnership platformConduct and oversee legal research and analysis on federal and state consumer finance laws developing practical requirements documentation and compliant marketing and origination frameworksMonitor industry trends regulatory changes and enforcement developments to proactively advise business leaders on risk and opportunity areasCross-Functional PartnershipPartner with Product Growth Risk and Compliance to design compliant and customer-friendly financial products and online experiencesCollaborate across legal teamsincluding lawyers supporting Privacy Fair Lending Capital Markets and Commercial areasto support enterprise-wide initiativesBuild and maintain trusted relationships with internal stakeholders influencing product and marketing strategies with sound business-oriented legal guidanceLegal Risk Identification and ManagementAdvise on disputes and issues escalated from the Compliance team particularly those related to marketing or loan origination practicesIdentify and communicate key legal risks to business partners; ability to distill complex legal matters and risks for senior leadership in a clear and actionable manner synthesizing complex concepts into concise recommendationsMinimum QualificationsJ.D. degree with superior academic credentials and a state bar membership;At least 10 years of experience in a top-tier law firm government in-house legal department and/or fintech/startup experience with at least 5 years focused on in marketing and consumer loan origination;In-depth knowledge of federal and state open and closed end consumer lending and consumer protection laws including FCRA TILA ECOA GLBA UDAAP EFTA ESIGN FDCPA bankruptcy AML/BSA and servicing/debt collection laws;Experience with marketing bank partnership programs personal loans small dollar lending auto refinance loans and open lines of credits; andStrong communication skills with a demonstrated ability to effectively and proactively provide quick concise and practical legal advice involving competing interests.Preferred QualificationsExperience with use of AI in providing solid legal advice and developing team efficienciesExperience with loan servicing and debt collection data privacy and security and auto retail lending/retail installment sales contracts;Vendor management and vendor contract negotiation experience; andState licensing and exam experience.Position location This role is available in the following locations: Remote San Mateo CA and Columbus OHTime zone requirements The team operates on the East/West coast time zones.Travel requirements As a digital first company the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.What youll love:Competitive Compensation (base bonus & equity)Comprehensive medical dental and vision coverage with Health Savings Account contributions from Upstart401(k) with 100% company match up to $4500 and immediate vesting and after-tax savingsEmployee Stock Purchase Plan (ESPP)Life and disability insuranceGenerous holiday vacation sick and safety leaveSupportive parental family care and military leave programsAnnual wellness technology & ergonomic reimbursement programsSocial activities including team events and onsites all-company updates employee resource groups (ERGs) and other interest groups such as book clubs fitness investing and volunteeringCatered lunches snacks & drinks when working in offices#LI-REMOTE#LI-Director --> use for L7#LI-Executive --> use for L8At Upstart your base pay is one part of your total compensation package. The anticipated base salary for this position is expected to be within the below range. Your actual base pay will depend on your geographic locationwith our digital first philosophy Upstart uses compensation regions that vary depending on location. Individual pay is also determined by job-related skills experience and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.In addition Upstart provides employees with target bonuses equity compensation and generous benefits packages (including medical dental vision and 401k).United States Remote - Anticipated Base Salary Range$227600$315000 USDUpstart is a proud Equal Opportunity Employer. We 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 practices. We celebrate all cultures backgrounds perspectives and experiences and know that we can only become better together.If you require reasonable accommodation in completing an application interviewing completing any pre-employment testing or otherwise participating in the employee selection process please email Key Skills General Counsel,Legal Case Management,Legal Drafting,Litigation,Intellectual Property Law,Legal Counsel,Legal Research,Securities Law,Employment & Labor Law,Real Estate Law,negotiation,Contracts Employment Type : Full Time Experience: years Vacancy: 1