Full-Time

Contracts Administrator

Posted on 9/3/2024

Upgrade

Upgrade

1,001-5,000 employees

Provides loans, credit cards, and rewards

Fintech
Financial Services

Compensation Overview

$80k - $100kAnnually

+ Equity + Benefits

Mid

San Francisco, CA, USA

Hybrid position requiring in-office presence on Tuesdays and Thursdays.

Category
Legal
Contract Management
Legal & Compliance
Required Skills
Management
Requirements
  • Bachelor's degree in economics, law, business, or a related field
  • 2+ years of experience as a Contracts Administrator, ideally in the fintech industry
  • Familiarity with legal principles and contract law
  • Proven track record of communicating complex issues effectively and collaborating with internal and external stakeholders
  • Exceptional project management and time management acumen
  • Excellent analytical and problem-solving skills with meticulous attention to detail
  • A true team player with a "no task is too big or too small" mindset, willing to contribute and collaborate at all levels to achieve team goals, take ownership of tasks, and meet deadlines
  • Experience with conditional logic or coding or demonstrated expertise with Ironclad, including ability to build playbooks, automate repositories and develop policies is a plus
Responsibilities
  • Assist with managing the end-to-end contract review process, including managing forms, archiving signed contracts, managing renewals and terminations, and providing day-to-day operational and administrative support
  • Act as primary steward of our Contract Lifecycle Management (CLM) system in Ironclad
  • Serve as front line legal support for questions relating to contracting processes, our CLM system and other contract related matters, escalating to other legal team members as necessary
  • Ensure adherence to company policies, procedures, and legal requirements
  • Build trust and manage conflicting demands from multiple internal clients

Upgrade offers personal loans, credit cards, and rewards checking accounts to help individuals manage their finances. Their personal loans allow borrowing up to $50,000 with fixed rates and no prepayment penalties, while the Upgrade Card provides cash back rewards on various spending categories. What makes Upgrade different is its focus on affordability and user-friendly features, attracting customers looking for flexible credit solutions. The company's goal is to promote responsible financial behavior and long-term financial health through accessible credit options.

Company Stage

Series F

Total Funding

$532.1M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into auto loans diversifies Upgrade's product offerings.
  • Acquisition of Uplift strengthens Upgrade's position in travel financing.
  • Partnership with Finturf enhances home improvement financing options.

What critics are saying

  • Expansion into auto loans increases exposure to credit risk.
  • Crowded BNPL market may pressure margins for Uplift acquisition.
  • Investment in new office space may strain resources if growth falters.

What makes Upgrade unique

  • Upgrade offers a unique blend of credit and banking products.
  • The Secured OneCard targets consumers with little or no credit history.
  • Partnership with FairPlay enhances fairness in lending practices.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Parental Leave

Health & wellness initiatives

INACTIVE