Mission Lane

Vice President, Corporate Development

Mission Lane$247K — $292K *
US-AnywhereRemote in United States
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years in strategy consulting, investment banking, or financial markets.
  • Strong communication skills with a proven ability to inspire confidence among senior leaders.
  • Proven ability to lead through influence in a matrixed organization.
  • Experience effectively navigating ambiguity and solving open-ended problems.
  • Track record of rapid adaptation and driving measurable impact in unfamiliar settings.
  • Experience directing outside consultants and advisors.
  • Willingness to take initiatives through to execution with a hands-on approach.

Responsibilities

  • Lead the development of Mission Lane's M&A and partnership strategy.
  • Act as the internal aggregator for exit readiness efforts, including IPO or acquisition.
  • Serve as a senior advisor to the credit card business, identifying strategic opportunities.
  • Step into leadership roles for new products or acquisitions as needed.
  • Prepare materials for senior leadership and Board strategic decision-making.

Benefits

  • Comprehensive benefits plan including health/dental/vision options.
  • Paid time off and 401(k) match.
  • Monthly wellness stipend.
  • Disability coverage and paid parental leave.
  • Flexible spending account for childcare and healthcare.
  • Life insurance.
  • Remote-first work environment.
Full Job Description
We're looking for a Vice President, Corporate Development to shape our M&A and partnership strategy, as well as ensure that Mission Lane is poised to take advantage of potential exit paths including potential acquisitions and / or IPO. This position reports to the Chief Strategy Officer.

The impact you'll make:

Mission Lane is focused on providing consumers with lower cost access to credit. Continuing to do this for an increasing number of customers and in a more impactful way requires capital, strategic bets, and disciplined execution. This role impacts all three: leading public market readiness efforts, developing the company's narrative and strategic positioning for external stakeholders, building an M&A and partnerships strategy, and advising our card business.

What You'll Own:
  • M&A and partnership strategy: Lead Mission Lane's M&A and partnership strategy. Continually assess the market to decide which businesses are worth acquiring, partnering with, or building in-house, direct the outside advisors and bankers who support that work, and lead execution end to end when an opportunity moves forward, from diligence through negotiation.
  • Exit readiness and coordination: Support Mission Lane's path toward a potential exit, which may include an IPO, an acquisition, or another outcome, by acting as the internal aggregator across partners engaged in that work, keeping efforts coordinated and nothing duplicated.
  • Card business advisory: Serve as a senior advisor to parts of the core credit card business, helping identify gaps and opportunities, shape long-term strategy, and support the team directly when needed.
  • Readiness to step into a leadership role over any new product, business line, or acquisition that grows out of this work, bringing the operating credibility of someone who has actually run a credit business.
  • Executive and Board communication: prepare the materials and recommendations senior leadership relies on for major strategic decisions.

You'll thrive in this role if:
  • You've spent time inside a PE firm, strategy firm, investment bank, or financial markets role, and you're just as comfortable directing an outside advisor as you are doing the analysis yourself.
  • You can walk into a room with the Board or the executive team and leave them with more clarity than they walked in with.
  • You get results in a matrixed organization of consultants and stakeholders who don't report to you.
  • You get energized by an open-ended problem that doesn't come with an existing playbook.
  • You've built a track record of landing in unfamiliar situations, ramping up fast, and shipping real outcomes.

Minimum Qualifications:
  • 10+ years of experience in strategy consulting, investment banking, or financial markets.
  • Strong written and verbal communication skills, with a demonstrated ability to present to and inspire confidence among senior leaders and Boards of Directors.
  • Demonstrated ability to lead and deliver results through influence in a matrixed organization, without direct authority over every stakeholder.
  • Demonstrated ability to operate effectively amid ambiguity and structure open-ended, white-space problems.
  • A track record of stepping into unfamiliar situations, ramping up quickly, and driving measurable impact.
  • Experience directing the work of outside consultants and advisors.
  • A demonstrated willingness to execute directly, taking initiatives through to implementation rather than stopping at a recommendation.
  • Based remotely, with the flexibility to travel ~6-8+ times per year for high quality in-person collaboration with the executive team, Board, and outside advisors.

Preferred Qualifications:
  • Leadership experience in a credit or lending business, especially one serving a subprime or near-prime customer base.
  • Experience working within a private equity firm, including preparing portfolio companies for exit.
  • Direct experience supporting a company through IPO readiness or another public-offering process.
  • Experience leading or directly executing M&A transactions from origination through post-close integration in a lending or financial services business.
  • Established relationships across the credit card, consumer lending, or broader fintech industry.
  • Experience operating in a regulated financial services environment.

Compensation:

Annual full-time starting base salary range: $247,000 - $292,000

This role is eligible for additional compensation in the forms of participation in our annual incentive and equity programs.

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.
Learn more about Mission Lane

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