Capital Markets Manager, Auto

Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to everyday consumers. We were the fastest growing company in the Americas last year according to the Financial Times and Upgrade Card was the fastest growing credit card in America. We have delivered over $21 billion in affordable and responsible credit over the last 5 years. The company is backed by some of the most prominent technology investors and was recently valued at $6.3B.

We have built an energizing, collaborative and inclusive culture where team members help each other, learn and innovate to move the company and its customers in the right direction, and own the outcome of their efforts.

Upgrade has been named a “Best Place to Work in the Bay Area” three years in a row, “Top Companies to work for in Arizona” and one of the "Best Engineering Department" awarded annually by Comparably. We've also received recognition for being a best company for Diversity, Women, Culture, and Veterans.

We are looking for new team members who get excited about designing and delivering new and better products to join a team of 1500 talented and dedicated professionals. Come join us if you like to tackle big problems and make a meaningful difference in people's lives.

About the Role:

We are looking for a Manager of Auto to join our Capital Markets team, responsible for sourcing and maintaining reliable funding for our newly launched Indirect Auto business. This includes forming relationships with institutional investors, establishing and optimizing warehouse facilities, and developing a programmatic ABS strategy.

This is a hybrid role, in-office Tuesdays, Wednesdays, & Thursdays, reporting into the Senior Director, Capital Markets in our San Francisco office. 

 

What You’ll Do: 

• Establish a diverse funding base to support the launch of our Indirect Auto business
• Analyze various Auto financing options to determine optimal funding strategy. Such options include warehouse facilities, securitizations, and forward flow whole loan sales
• Understand and negotiate legal agreements related to Auto structured finance transactions
• Provide analysis on Auto collateral performance by leveraging tools such as SQL and Tableau
• Collaborate with internal credit, product, and operations teams to provide a best-in-class investor experience
• Manage the onboarding of new institutional investors, warehouse facilities, and securitization deals, including operational setup and documentation review
• Work with operations and engineering teams to ensure data integrity of investor reporting 

 

What We Look For:

• 5+ years of relevant Auto capital markets experience
• Advanced in Excel, SQL, and Tableau
• Understanding of Auto lending and credit underwriting
• Knowledge of Auto asset backed securities (ABS) markets
• Superior written and verbal communication skills
• Good judgment and excellent interpersonal skills
• Highly organized, detail-oriented and a strong client service skills
• Ability to operate in a fast-paced environment and recognize and focus on critical issues

The compensation range of this position in San Francisco, CA is USD $130,000 - $150,000 annually plus equity and benefits. Within this range, an individual's base pay will be dependent on a variety of factors, including without limitation, job-related knowledge, skills, education, and experience.   Upgrade has different base pay ranges for different work locations within the United States and Canada, which allows us to pay employees competitively and consistently in different geographic markets. The range could vary depending on what ultimately is determined to be the candidate’s primary work location.   

Notice to California-based Candidates for Employment. This California Candidate Privacy Notice is intended to provide information about how Upgrade collects and uses personal information to California consumers who apply for employment with Upgrade If you are employed by Upgrade, refer to the Employee Handbook for additional information. For any questions about this notice, please contact ccpa@upgrade.com.

Personal Information Upgrade Collects:

Identifiers Including name, address, email, telephone number, social security number, driver license number, passport number, and other personal identifying information. Characteristics of protected classifications under California or federal law, including demographic information and other personal information obtained during the application process, such as gender, race, national origin. Professional or employment-related information, such as salary/compensation an