Senior Legal Counsel - Capital Markets - Legal and Compliance - Washington D.C., USA

THE COMPANY

MPOWER’s borderless loans and scholarships enable students from around the world to realize their full academic and career potential by attending top universities in the U.S and Canada.

As a mission-oriented fintech/edtech company, we move extremely quickly and leverage the latest technologies, global best practices, and heavy analytics to tackle one of the biggest challenges in financial inclusion. We’re backed by over $150 million in equity capital from top global investors, which enables fast growth and provides our company with financial stability and a clear path to an IPO over the coming years.

Our global team is composed of former management consultants, financial service and technology professionals, and other experts in their respective fields. We work hard, have fun, and believe strongly in our cause. For us, MPOWER’s mission is personal.

As a member of our team, you’ll be challenged to think quickly, act autonomously, and constantly grow creatively in an environment where fast change and exponential growth are the norm. Ideation and implementation happen very quickly. We value feedback and emphasize personal and professional development by providing the resources you need to further your skills and grow with the company. MPOWER is committed to cultivating your strengths and curiosity and helping you make an immediate impact.

MPOWER has been named one of the best fintechs to work for by American Banker for the past 6 years in a row. We are honored to be nominated by multiple agencies and publications for our leadership in Tech, diversity and social impact. We pride ourselves on being a “growth company for grown-ups,” where there are no pool tables but rather great health, education, and maternity/paternity benefits instead. Our team diversity has been recognized as well; we’re one of the most diverse workforces in the world in terms of nationality, gender, religion, age, sexual orientation, and educational background.

THIS IS A FULL-TIME POSITION BASED IN WASHINGTON D.C.

THE ROLE

You will provide the highest quality support to all parts of MPOWER’s business with a particular focus on capital markets and securitization transactions. The ideal candidate will be a pragmatic lawyer who is focused on supporting our rapidly growing company by focusing on structuring transactions and deal execution by focusing with our Capital Markets, Engineering, Originations and Servicing teams. This role is perfect for someone passionate about our mission who excels at navigating complex legal transactions in a global fintech context. Your responsibilities will include:

• Leading legal capital market transaction activities from negotiation to diligence, documentation and settlement.
• Analyzing and structuring complex capital markets transactions such as warehouse lines, forward flow agreements, whole loan sales, capital raises and securitizations.
• Handling a portfolio of complex, specialized transactions and legal issues, including serving as an advisor to internal and external stakeholders and managing outside counsel.
• Providing expert strategic legal advice to management on issues relating to MPOWER’s organization, ability to conduct business, products, operations, personnel, policies, procedures, corporate and business transactions, and any other general matters that may arise.
• Ensuring MPOWER’s compliance with all federal and state regulations applicable to private student lending.
• Managing external law firms and mentoring junior internal resources.

THE QUALIFICATIONS

• J.D. degree from an accredited U.S. law school
• 6+ experience with a reputable law firm and/or financial institution with a focus on leading and managing capital markets transactions
• Prior experience working in a fast-paced, tech-first environment
• Extensive experience in financial services, specifically in consumer lending
• Exceptional communication and interpersonal skills focused on building trust

A passion for financial inclusion and access to higher education is a must, as well as comfort working with a global team across multiple time zones and locations!

In addition, you should be comfortable working in a fast growth environment, within a small agile team, embracing fast-evolving roles and responsibilities, variable workload, tight deadlines, and a high degree of autonomy.

Compensation Range: $250k -$400k + discretionary annual cash bonus + Stock Options. Our salary ranges are determined by role, level and location and are determined based on the strength of the candidate and skillset requirements.

Benefits:

• Health, Dental, and Vision Insurance, with no waiting period for healthcare coverage; eligible from day one
• Everyone is an owner – stock options are part of every job offer
• Hybrid work model – in the office together at least 2 days per week to build a strong culture and collaborate
• Plenty of Paid Time Off, whether you’re sick, traveling the world, or welcoming a new member of your family
• A transparent and productive workplace – want to discuss something with the CEO? Just schedule a coffee chat!
• Vast opportunities for self-development: annual individual budget to spend on learning goals, company sponsored mentorship and coaching programs, new manager cohort trainings, technical skill development opportunities globally, learning opportunities through external certifications
• Fun team events and outings
• Monthly home office stipend