WebBank

Counsel - Capital Markets and Commercial Transactions

WebBank$110K — $130K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-7 years of finance transactional experience from a leading law firm, preferably in structured finance or asset finance.
  • Experience drafting and negotiating core transaction documentation like nondisclosure agreements and loan agreements.
  • Ability to collaborate effectively with cross-functional teams.
  • Proven track record of independent project management and completion.
  • Strong interpersonal skills for relationship-building with key stakeholders.
  • Excellent organizational skills to handle multiple projects and shifting priorities.
  • Excellent written and oral communication skills to convey complex legal concepts effectively.
  • J.D. from an accredited law school and active bar membership in good standing.

Responsibilities

  • Provide practical, risk-based legal guidance across the organization.
  • Review, draft, and negotiate various contract types including confidentiality and financing documents.
  • Support the Bank's financing efforts alongside outside and internal counsel.
  • Collaborate with cross-functional teams such as Treasury and Compliance for deal structuring support.
  • Supervise outside counsel as required.

Benefits

  • Generous paid time off, including paid parental leave.
  • Employer-paid medical, dental, and vision insurance with health savings accounts.
  • 401(k) matching up to 6% with immediate vesting.
  • 100% employer-paid life and disability insurance plans.
  • Tuition reimbursement up to $5,250 per academic year for approved classes.
Full Job Description
The Role:

WebBank is seeking a talented transactional lawyer to join our dynamic team and support the Bank's day-to-day transactional needs, including cutting edge structured finance and fintech transactions. You will be responsible for providing best in class commercial and transactional support across business teams at the Bank. Reporting directly to the VP, Deputy General Counsel - Corporate & Capital Markets, this role offers a unique blend of autonomy, collaboration, and the chance to work on high-profile projects with the leading bank in Fintech

What You'll Do:

Day-to-day responsibilities will include:
  • Provide day-to-day legal advice across the entire organization and partner with cross-functional teams to provide practical, risk-based legal guidance.
  • Review, draft, and negotiate a multitude of contract-types, including confidentiality agreements, credit bureau agreements, technology services agreements, term sheets, financing documents, and partnership agreements.
  • Support the Bank's financing efforts and partner with the outside counsel, internal counsel, and Bank's asset finance team to support various financing transactions.
  • Partner with cross-functional teams including Treasury, Compliance, IT, Asset Finance, and Business Development to provide deal structuring and commercial contractual support.
  • Supervise outside counsel.

You Get:

Paid Time Off (PTO) - Generous paid time off plus paid parental leave

Health insurance - Plans include an employer paid medical, dental and vision coverage, plus health savings accounts

401(k) - WebBank matches up to the first 6 percent of employee contributions and both the employee's contributions and WebBank's match are fully vested immediately

Life and Disability Insurance - Life insurance and long and short-term disability insurance plans are 100% employer paid

Tuition Reimbursement - WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year.

What We're Looking For:
  • Four (4) to seven (7) years of finance transactional experience from a leading law firm. Structured finance or asset finance experience preferred.
  • Significant experience drafting and negotiating core transaction documentation for financing facilities and commercial transactions (including nondisclosure agreements, term sheets, loan agreements, and ancillary documents).
  • A team player with an ability to collaborate effectively with cross-functional teams.
  • Proven track record of working independently and driving projects to completion with minimal supervision.
  • Flexibility, self-starting attitude, and a strong work ethic, enabling you to thrive in a fast-paced and evolving environment.
  • Interpersonal skills; ability to forge strong relationships with key stakeholders throughout the organization.
  • Strong organizational skills, allowing you to manage multiple projects simultaneously while meeting deadlines and adjusting shifting priorities.
  • Demonstrated desire for personal growth and an eagerness to take on new challenges and responsibilities over time.
  • Excellent written and oral communication skills, including the ability to present complex legal concepts clearly and concisely.
  • Experience working with both legal and business professionals on cross-functional teams or projects.
  • J.D. from an accredited law school.
  • Active bar membership in good standing of a U.S. state bar.

About WebBank

WebBank is a Utah-chartered Industrial Bank that was founded in 1997. The bank provides consumer and commercial banking services, including deposit accounts, loans, and credit cards. WebBank is known for its partnerships with fintech companies, providing the technology and infrastructure for online lending platforms and other financial services. The bank has been recognized for its innovation and has won several awards for its work in the fintech industry.
Learn more about WebBank
Size
500 employees
Industry
Net Income
$50 million
Founded
1997
5 Year Trend
+5%
Revenue
$1 billion

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