Mission Lane

Paralegal

Mission Lane • $95K — $124K *
US-AnywhereRemote in United States
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of corporate and transactional experience, preferably in a large corporate legal department or law firm
  • Strong project management and stakeholder management skills
  • Experience with corporate transactions, due diligence, and compliance
  • Proficient in managing budgets and vendor relationships
  • Exemplary communication, research, and organizational skills
  • Comfortable using AI tools and eager to adopt new technologies
  • Ability to work fully remote with occasional travel

Responsibilities

  • Run due diligence and audit requests from intake to close, ensuring accuracy and timeliness
  • Support corporate governance by preparing and maintaining documentation and filings
  • Manage relationships with outside counsel and legal vendors, overseeing budgets and invoices
  • Partner with various teams to streamline legal processes across the company
  • Assist attorneys on commercial transactions and compliance matters with sound judgment
  • Grow into adjacent work as the function scales, including Board coordination and legal research

Benefits

  • Comprehensive benefits plan including health, dental, and vision insurance
  • Paid time off and paid parental leave
  • 401(k) match and flexible spending accounts
  • Monthly wellness stipend
  • Remote-first work environment
Full Job Description
We're looking for a Paralegal to own Mission Lane's day-to-day corporate legal work, from investor due diligence and audit requests to governance, filings and managing outside counsel relationships This is a a newly created role reporting to the Deputy General Counsel, Corporate.

The impact you'll make:

Behind every Mission Lane account is a person with a plan: a move across the country, a new job, a business taking shape. The products and service that help those plans move forward depend on a company that stays organized, compliant, and ready for every question an investor, auditor or regulator asks. The Paralegal keeps that foundation solid, so the people building Mission Lane's future can spend their time on our customers' progress.

In your first year, you'll become the person Legal, Finance, IT, Tax, Treasury and the People Team turn to when a request needs an owner: a diligence list from an investor, an audit request with a deadline, a filing due next week. You'll do that by:
  • Running due diligence and audit requests from intake to close, gathering answers from the teams that hold them and keeping every response accurate and on schedule.
  • Supporting corporate governance, including preparing and maintaining documentation, supporting corporate filings, and keeping entity records and renewals current.
  • Managing relationships with outside counsel and legal vendors, from invoices and budgets to the legal technology tools the department uses every day.
  • Partnering with Finance, IT, Tax, Treasury, and the People Team to streamline how legal work moves through the company.
  • Assisting attorneys on commercial transactions and compliance matters, using sound judgment on work that arrives with limited direction.
  • Growing into adjacent work as the function scales, such as Board coordination, legal research, and drafting and reviewing contracts.

You'll thrive in this role if:
  • You build the tracker before anyone asks for one, and you always know what's due next.
  • You can run several workstreams for several stakeholders at once and keep each of them informed without being chased.
  • You read an investor's diligence list and see the project plan inside it.
  • You're comfortable working with limited day-to-day supervision from an attorney, and you know which questions are worth taking to one.
  • You already use AI tools in your work and get curious about where they can take the busywork out of legal operations.
  • You like the idea of a role that stretches as the Legal team grows, and you're ready to stretch with it.

Minimum Qualifications:
  • 5+ years of corporate and transactional experience, ideally including time in a large corporate legal department or law firm
  • Strong project management and stakeholder management skills, with the ability to multi-task in a demanding, deadline-driven environment
  • Experience with corporate transactions, due diligence, and compliance
  • Experience managing budgets and vendor relationships, including law firm billing
  • Exemplary communication, research, and organizational skills
  • Comfort working alongside AI tools, and a curiosity to keep learning and adopting new ways of working as technology evolves
  • Able to work fully remote, with periodic business travel and attendance at company gatherings

Preferred Qualifications:
  • Experience in financial services
  • Experience negotiating commercial contracts
  • Experience managing a corporate IP portfolio
  • Residence in the Greater Richmond, Virginia area

Compensation:

Annual full-time starting base salary range: $95,000 - $124,000

This role is eligible for additional compensation in the forms of participation in our annual incentive and equity programs. {{If not eligible:}} This role is eligible for additional compensation in the form of participation in our annual incentive program.

Pay is based on factors such as work experience, education, certification(s), training, skills, and competencies related to the role. Mission Lane also offers a comprehensive benefits plan, which includes paid time off, 401(k) match, a monthly wellness stipend, health/dental/vision insurance options, disability coverage, paid parental leave, flexible spending account (for childcare and healthcare), life insurance, and a remote-first work environment.

About Mission Lane

LendUp was an American online direct lender. It offered payday loans, installment loans, and credit cards to consumers with low credit scores using publicly available data to assess creditworthiness. The company referred to its customers as “the emerging middle class.” LendUp also issued credit cards in partnership with Tom Steyer's Beneficial State Bank. LendUp was co-founded by in 2011 by stepbrothers Sasha Orloff and Jake Rosenberg and incubated at Y Combinator.The company positioned itself as a "socially responsible lender," and claimed to provide access to financial services for "underbanked" Americans in addition to lower cost credit and credit-building opportunities. LendUp received $325 million in equity and debt financing from PayPal, Kleiner Perkins Caufield & Byers, Google Ventures, Andreessen Horowitz, Alexis Ohanian, Y Combinator and QED Investors, among others. In an article published shortly after the company's launch, Time Magazine wrote that LendUp "says it’s not like other payday lenders. Yet the fees it charges — a little over $30 to borrow $200 for two weeks — are similar to what its competitors charge." In 2016, LendUp paid $6.3 million in fines for deceptive practices and widespread violations of payday and installment loan laws. In 2016 it was again sued by the Consumer Financial Protection Bureau for violating the Military Lending Act.
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