Full-Time

General Counsel

Updated on 3/14/2025

Above Lending

Above Lending

51-200 employees

Simplifies lending and debt management services

No salary listed

Mid, Senior

Chicago, IL, USA

This is a hybrid position, which implies that the candidate will need to work in-office some days.

Category
Legal
Legal & Compliance
Required Skills
Risk Management
Requirements
  • Juris Doctor degree and member, in good standing, of at least one U.S. state bar
  • 4-8 years experience within the consumer lending space, either in the relevant practice of a law firm or in-house at a consumer lender, with a strong understanding of relevant laws and regulations
  • Sound judgment in providing legal advice that supports a company’s objectives
  • Strong communication and organization skills
Responsibilities
  • Manage all legal aspects of strategic projects, ensuring compliance with applicable laws and regulations and alignment with business goals
  • Negotiate contracts, oversee governance, and support litigation
  • Monitor, escalate, and mitigate risks, working closely with Compliance
Desired Qualifications
  • Enthusiasm for working in a dynamic startup environment and contributing to the growth and success of the company

Above Lending provides financial services that simplify the lending process and assist clients in managing their debt. The company offers straightforward financial products that help individuals achieve their personal finance goals. Clients benefit from competitive rates and personalized support from loan specialists, making credit more affordable and accessible. Above Lending primarily targets individuals who want to take control of their debt and enhance their financial well-being. Unlike many competitors, Above Lending focuses on transparency and personalized assistance, generating revenue through interest rates and fees associated with their lending products. The main goal of Above Lending is to help borrowers attain financial stability and reach their financial aspirations.

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$200M

Headquarters

Northbrook, Illinois

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Closed a $200 million facility to fund loan book growth.
  • Increased demand for digital lending platforms boosts Above Lending's market potential.
  • Growing interest in financial literacy can enhance Above Lending's educational offerings.

What critics are saying

  • Rising interest rates may reduce demand for Above Lending's loan products.
  • Increased competition from fintech startups could erode market share.
  • Declining consumer credit scores may increase loan default risks.

What makes Above Lending unique

  • Above Lending offers personalized support from dedicated loan specialists.
  • The company focuses on making credit more affordable and accessible.
  • Above Lending simplifies the lending process for better client experience.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Unlimited Paid Time Off

401(k) Company Match

401(k) Retirement Plan

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Benzinga
Oct 30th, 2023
Above Lending Closes $200 Million Warehouse Facility Led By Atlas Sp Partners

Loading. Loading. Loading...NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Above Lending, a leading national provider of consumer installment loans, today announced the closing of a $200-million warehouse facility (the "Financing") led by ATLAS SP Partners ("ATLAS SP"), which is acting as Administrative Agent.Above Lending focuses on originating consumer loans for individuals looking to repay existing credit card and other household debt and rebuild their credit profile. The Financing will be used to fund growth in Above Lending's loan book."Above's loan product is an effective solution for consumers looking to pay off existing credit card and other household debt and rebuild their credit profile," said Above Lending CFO Hadi Husain. "The capital we have raised from ATLAS SP will be instrumental in helping us reach more consumers and work to put them on a path to a better financial future.""We are proud to provide additional capital to Above Lending to support the continued growth of their consumer lending platform," said ATLAS SP Director Andrew Koepke