Corporate Counsel

Your Role In Our Mission We are seeking a highly motivated attorney with experience in structured finance / secured lending to join our legal team as Corporate Counsel. This person will play a key role in Prosper’s business, partnering closely with our Capital Markets team on a broad range of transactional matters related to our unsecured personal loan and credit card products, including institutional loan sales and servicing, credit facilities, securitizations and advising on operations, marketing and strategy related to Capital Markets. This attorney is collaborative, able to thrive in a fast-paced, complex environment, and is comfortable advising all levels of the business and management on relevant legal issues. This role will report to the Assistant General Counsel. How You’ll Make An Impact Provide creative legal solutions for complex Capital Markets transactions, such as credit facilities and securitizationsReview and negotiate transaction documents for new clients, including agreements for the sale and servicing of unsecured consumer loansAdvise Capital Markets on non-disclosure agreements, engagement letters and transaction agreementsReview and negotiate contracts for existing clients, including multi-party agreements with leverage providers, account control agreements, asset transfer agreements, and back up servicing agreementsProvide ongoing guidance and support to Capital Markets team for interpretation of existing agreements and client communicationsTrack and manage investor relationships on the platform, including monitoring key contract details, obligations, and requirements across investor agreementsCoordinate and execute closings of large transactionsSupport the Collections and Recoveries teams by facilitating debt sale transactions, including negotiating, drafting, and managing debt sale agreements and related documentationManage and negotiate contracts and ongoing commercial relationships with bank partners, including program agreements, amendments, and related ancillary agreementsAdvise on related strategic, operational and marketing mattersProvide support to the legal team on other commercial agreements, as needed Skills That Will Help You Thrive 4+ of law firm and/or in-house experience with increasing responsibilityExperience in capital markets and structured financeExperience leading transactional negotiationsStrong interpersonal skills with the ability to collaborate effectively across teams and stakeholders in a fast-paced environmentStrong judgment and the ability to balance legal risk with practical business objectivesDemonstrated ability to take ownership and resolve issues with minimal supervisionAttention to detail, with excellent organizational skills and strong work ethicProven ability to manage multiple projects concurrently in an evolving environmentEffective and persuasive written and oral communication skillsJ.D. degree and active membership in good standing with a state bar Your roadmap to success First 30 Days: Learn Prosper’s business, products, and capital markets operations; build key relationships By 60 Days: Develop substantive expertise in Prosper’s capital markets transactions; begin handling matters with increasing independence By 90 Days: Operate as the go-to legal resource for capital markets transactions; manage workstreams independently and advise on strategic matters $193,000 - $241,000 a year Compensation details: The salary for this position is $193,000 - $241,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors. We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.