Assistant General Counsel – HELOC

This is a fully remote position, open to applicants in United States.

📋 Description

• Deliver strategic legal guidance to Product, Engineering, Risk, Compliance, and Operations teams to facilitate Upstart's HELOC product and its transition from a state-licensed lender to a national bank.

• Offer legal counsel and insights on potential future products, which may encompass purchase-money mortgages.

• Provide advice on federal and state consumer lending regulations, mortgage laws, and regulatory changes that influence home lending products and services.

• Collaborate with cross-functional stakeholders to create compliant product features, customer interactions, operational workflows, and servicing capabilities.

• Oversee legal support for new product initiatives, regulatory change management, and market expansion activities tied to home lending.

• Work in partnership with the Product & Regulatory Legal team and other legal departments, including those focused on Privacy, Fair Lending, Capital Markets, and Commercial contracts, as needed.

• Craft practical legal frameworks, policies, and guidance that foster business growth while effectively managing legal and regulatory risks.

• Engage with internal and external stakeholders, such as regulators, banking partners, and outside legal counsel, concerning legal issues impacting the HELOC business.

• Recognize and relay significant legal risks to business partners; proficient in simplifying intricate legal issues and risks for senior leadership in a clear and actionable format, condensing complex concepts into straightforward recommendations.

⛳️ Requirements

• Juris Doctor (JD) degree from an accredited law school and active membership in at least one U.S. state bar.

• A minimum of 10 years of legal experience advising financial services, fintech, or mortgage lending organizations, including considerable experience as the lead legal advisor for complex product organizations focusing on real-estate secured products.

• Extensive knowledge of consumer financial services laws and mortgage regulations, including TILA, RESPA, ECOA, FCRA, HMDA, UDAAP, and relevant state lending and federal banking laws.

• Experience in advising cross-functional product development teams and supporting the launch or expansion of regulated financial products.

🏝️ Benefits

• Competitive compensation package, which includes base salary, bonus potential, and annual equity grants that vest quarterly.

• Retirement plans to aid in future planning, including a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada).

• Employee Stock Purchase Plan (ESPP) with discounted stock purchase options available for eligible employees (US only).

• Comprehensive health coverage tailored to support you and your family, which includes medical, dental, vision, and wellness resources for the US and supplemental health coverage for Canada.

• Contributions to Health Savings Accounts from Upstart for eligible plans (US only).

• Income protection benefits, such as life insurance and disability coverage, for enhanced financial security.

• Paid time off, sick leave, and company holidays, adhering to local requirements.

• Paid family and parental leave to assist with caregiving and significant life events (duration varies by country).

• Family-oriented benefits to support fertility, parenthood, and caregiving needs.

• Employee Assistance Program (EAP) offering mental health support and life-centered resources.

• Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only).

• Annual wellness allowance to promote your physical and emotional well-being and personal development, based on your individual needs.

• Annual productivity allowance to acquire relevant tools and resources essential for performing your best work, regardless of your work location.

• Opportunities for connection and community through team events, all-company updates, and employee resource groups (ERGs).

• Onsite amenities, including catered lunches and fully stocked micro-kitchens for those working from our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!).