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TITLE

 

Corporate Counsel

COMPANY

 

Lending Club

LOCATION

 

San Francisco, CA, US

Description

About Us

LendingClub (NYSE: LC) opened in 2007 with one simple mission: create a more efficient, transparent and customer-friendly alternative to the traditional banking system that offers creditworthy borrowers lower interest rates and investors better returns. Today, we’re the world’s largest online credit marketplace, and we’re radically changing the way lending operates. We’re proud of the recognition we’ve received, including being named a World Economic Forum Technology Pioneer, a CNBC Disruptor 50, and one of The World’s 10 Most Innovative Companies in Finance by Fast Company. We’re conveniently located in downtown San Francisco, California.

The Role

LendingClub’s Legal Department is seeking a talented and team-oriented Corporate Counsel in our San Francisco headquarters. You will partner with LendingClub’s Investor Group on a broad range of transactional, corporate, and securities matters. To succeed in this role, you will anticipate the needs of a dynamic and innovative business, collaborate with cross-functional teams to design creative, data-driven solutions, and adapt to shifting priorities across multiple projects.

Responsibilities

  • You will build trusted relationships/integrate with LendingClub’s sales, capital markets, operations, finance, and reporting teams
  • You will advise on a wide variety of commercial arrangements, including drafting and negotiating agreements governing LendingClub’s investor relationships and structured finance transactions
  • You will serve as legal lead for securities offerings, preparation of disclosure documents, leveraged finance arrangements, international transactions, and corporate formation
  • You will provide day-to-day legal direction for all aspects of the Investor Group business, including deal management
  • You will guide internal partners on responses to external inquiries, including customer due diligence and regulatory requests
  • You will also analyze, interpret, and monitor complex legal agreements to ensure compliance and consistency
  • You will escalate issues, as appropriate, and work collaboratively to identify risks and share ideas with other members of the Legal Department
  • You will manage outside counsel

Qualifications

  • J.D. degree and a state bar member in good standing
  • 5-7 years of combined law firm and/or in-house corporate transactional and securities experience
  • Strong technical drafting, negotiating, and analytical skills
  • Familiarity with securities laws and regulations, including the ’33 Act, the ’34 Act, and public/private offering rules
  • Ability to thrive in a lean environment, proactively manage deadlines, and work independently
  • A quick study with proficiency explaining complex issues in a business-friendly manner
  • Polished communication, interpersonal, and influencing skills
  • Excellent judgment and integrity
  • Enthusiasm to pitch in and learn new areas of practice
  • Team oriented, with a strong sense of humor, unquestioned ethics and high tolerance for ambiguity
  • A high-level of intellectual, professional and interpersonal agility and flexibility, combined with strong analytical and problem-solving skills
  • Experience with securitizations/ABS regulations, FINRA/broker-dealer rules, and/or Uniform Commercial Code/secured transactions a plus
  • Experience advising technology, financial services, or fin-tech companies a plus
  • Genuine interest in marketplace lending and knowledge of current trends in the fin-tech industry a plus

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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