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Full-Time

Lead Counsel

Consumer Litigation

Confirmed live in the last 24 hours

Upstart

Upstart

1,001-5,000 employees

AI-powered lending marketplace offering diverse loans

Data & Analytics
Fintech
AI & Machine Learning
Financial Services

Compensation Overview

$197.2k - $237kAnnually

+ Bonus + Equity Compensation

Senior, Expert

Remote in USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Communications
Requirements
  • J.D. degree with superior academic credentials and a state bar membership.
  • At least 7 years of experience in a top-tier law firm, in-house, and/or governmental agencies.
  • Experience working for or with a fintech company, handling litigation matters in the consumer lending space.
  • In-depth knowledge of federal and state banking, lending and consumer protection laws and regulations.
  • Strong communication skills with a demonstrated ability to effectively and proactively provide quick, concise, and practical legal advice.
  • A self-starter mentality with the ability to work well under pressure, thrive working under limited direction, and an attitude that no job is too challenging or too small.
  • Ability to provide solutions to a variety of issues of varied scope and complexity and to prioritize and balance multiple tasks in a fast-paced environment.
Responsibilities
  • Manage a portfolio of 50+ consumer disputes of various size and complexity involving consumer lending and servicing, e.g. FDCPA, FCRA, TILA, ECOA, Bankruptcy and state consumer lending laws.
  • Drive case strategy for a full caseload, managing outside counsel as appropriate to align to such strategy.
  • Manage an overall litigation budget for outside counsel fees and settlement to provide effective solutions to accomplish Upstart goals.
  • Utilize various tools to manage caseload, that includes reporting, status updates and other features to ensure efficient and timely handling of all threatened or filed actions against Upstart.
  • Engage directly with Upstart’s product, business, legal and compliance teams regarding Upstart’s products, features, functionality, configurations and integrations as necessary to respond to threatened or filed actions. Assist attorneys with all aspects of case management including docketing deadlines, maintaining case files, scheduling, billing and providing reminders as necessary.
  • Work with business partners to recommend non-monetary settlement operational activities and identify any root cause issues increasing litigation.
  • Manage collection, review and synthesis of records from key stakeholders for the Litigation files.
  • Oversee, coordinate and finalize responses to information requests and third-party subpoenas or search warrants.
  • Review, summarize and prepare legal documents, including but not limited to, responses to attorney demand letters, indemnification letters and settlement agreements.
  • Oversee and manage compliance with settlement agreements or enforcement of judgments.
  • Assist with litigation activities, including tracking reporting, document management, and analyzing and drafting responses at the state and federal level.
  • Maintain a Litigation Contact List with key stakeholders.
  • Work with other members of the Legal team as well as other company functional departments.
  • Design, develop, and implement or improve systems and processes to increase efficiency, support scalability, and ensure quality.

Upstart's main product is an AI lending marketplace that utilizes AI models and cloud applications to streamline the loan approval process, offering various loan options such as personal, automotive retail, refinance, and small-dollar "relief" loans.

Company Stage

Series D

Total Funding

$244.1M

Headquarters

San Mateo, California

Founded

2012

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

-19%
Simplify Jobs

Simplify's Take

What believers are saying

  • Upstart's Model 15.0 shows a significant 15% improvement in accuracy, indicating strong technological advancements.
  • The company's expansion into home equity lines of credit (HELOC) opens new revenue streams and market opportunities.
  • Partnerships with credit unions like Diamond, Seattle, and Kaua'i Federal Credit Unions highlight Upstart's growing influence in the financial sector.

What critics are saying

  • Upstart has faced significant funding challenges, leading to layoffs and potential instability.
  • The company's stock has experienced a dramatic 94% plunge, raising concerns about its financial health.

What makes Upstart unique

  • Upstart leverages advanced AI algorithms to offer personalized lending solutions, setting it apart from traditional lenders.
  • The company's Recognized Customer Personalization (RCP) tool allows banks to customize loan offers, enhancing customer satisfaction and engagement.
  • Upstart's partnerships with multiple credit unions demonstrate its ability to integrate seamlessly into existing financial ecosystems.