Assistant General Counsel - HELOC

About the role

The Assistant General Counsel, HELOC at Upstart, will provide legal support for the Home Equity Line of Credit (HELOC) product. Reporting into the Product & Regulatory Legal team, you will work cross-functionally to provide strategic legal guidance throughout the product lifecycle, helping the business launch and scale innovative home lending solutions while effectively managing legal and regulatory risk.

Responsibilities

• Provide strategic legal counsel to Product, Engineering, Risk, Compliance, and Operations teams to support Upstart's HELOC product and transition from a state-licensed lender to a national bank.
• Advise on federal and state consumer lending laws, mortgage regulations, and regulatory developments that impact home lending products and services.
• Partner with cross-functional stakeholders to design compliant product features, customer experiences, operational processes, and servicing capabilities.
• Lead legal support for new product initiatives, regulatory change management, and market expansion efforts related to home lending.
• Collaborate across the Product & Regulatory Legal team and with other legal teams, including lawyers supporting Privacy, Fair Lending, Capital Markets and Commercial contracts, as needed.
• Develop practical legal frameworks, policies, and guidance that enable business growth while appropriately managing legal and regulatory risk.
• Collaborate with internal and external stakeholders, including regulators, bank partners, and outside counsel, on legal matters affecting the HELOC business.
• Identify and communicate key legal risks to business partners; ability to distill complex legal matters and risks for senior leadership in a clear and actionable manner, synthesizing complex concepts into concise recommendations.

Requirements

Minimum Qualifications:

• Juris Doctor (JD) degree from an accredited law school and active membership in at least one U.S. state bar.
• 10+ years of legal experience advising financial services, fintech, or mortgage lending organizations, including substantial experience serving as the primary legal advisor for complex product organizations with a focus on real-estate secured products.
• Deep expertise in consumer financial services laws and mortgage regulations, including TILA, RESPA, ECOA, FCRA, HMDA, UDAAP, and applicable state lending and federal banking laws.
• Experience advising cross-functional product development teams and supporting the launch or expansion of regulated financial products.

Preferred Qualifications

• Experience supporting HELOC, mortgage, or other secured lending products throughout the full product lifecycle.
• Experience managing regulatory examinations, enforcement matters, or interactions with federal and state regulators.
• Ability to balance legal risk with business objectives and develop practical, scalable solutions for product teams.
• Experience building legal processes and governance frameworks within rapidly growing technology or fintech organizations.
• Familiarity with AI-enabled financial products, digital lending platforms, or emerging regulatory developments affecting financial technology.

Pay

The anticipated base salary for this position is expected to be within the range of $239,200 - $331,000 USD. Your actual base pay will depend on your geographic location.

Schedule

This role is available in the following locations: Remote. Time zone requirements: The team operates on the East/West coast time zones. Travel requirements: As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S., but are encouraged to spend high-quality time in-person collaborating via regular onsites. The in-person sessions' cadence varies depending on the team and role; most teams meet once or twice per quarter for 2-4 consecutive days at a time.