Manager, Capital Markets, HELOC
At a glance
Manager-level Investment & Corporate Development role at Upgrade. San Francisco · $140,000–$160,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Keep live warehouse, forward-flow and securitization deals moving, serving as primary or backup execution support
- Handle deal operations such as allocation reports, loan tape checks, funding coordination and closing lists
- Track warehouse covenants and borrowing bases, and help deliver investor and ABS reports
- Review structured-finance agreements with internal and outside counsel, and help negotiate their terms
- Use Excel, SQL and Tableau to examine collateral performance for pricing, structuring and ongoing monitoring
What you bring
- At least four years in capital markets, asset-backed finance or a related consumer-lending role
- Knowledge of consumer lending, credit underwriting and structured finance, including warehouse facilities, forward flow or ABS
- Strong Excel skills; experience with SQL or Tableau is an advantage
- Clear communication and sound judgment when handling deadlines, deliverables and external counterparties
Who this fits
This manager role suits someone who wants hands-on responsibility for live funding transactions and coordination with internal teams and institutional investors. It is based in San Francisco, with office attendance on Tuesdays, Wednesdays and Thursdays.
From the employer
About the Role:
We are looking for a Manager to join our Capital Markets team, with a focus on hands-on execution across Upgrade's institutional funding programs — warehouse facilities, forward flow whole loan sales, and securitizations — focusing on our new HELOC product. This is an execution-oriented seat: you will be the primary or backup point person keeping live transactions moving day to day, working alongside the team's Institutional and FI execution leads.
This position reports into the VP of Capital Markets and is based in our San Francisco office in a hybrid capacity (Tuesdays, Wednesdays, and Thursdays in office).
What You'll Do:
- Serve as primary or backup execution support on a subset of Upgrade's lending products, partnering with the Institutional and FI Execution Leads on live warehouse, forward flow, and securitization transactions
- Own the day to day mechanics of deal execution: allocation reports, purchase confirmations, loan tape reviews, funding and settlement coordination, and closing checklists
- Support warehouse and ABS reporting as a backup owner — covenant monitoring, borrowing base calculations, and timely delivery of investor reporting deliverables, in partnership with the team's warehouse reporting leads
- Review and help negotiate legal documentation for structured finance transactions (purchase agreements, servicing agreements, side letters) alongside internal and outside counsel
- Analyze collateral performance using Excel, SQL, and Tableau to support pricing, structuring, and ongoing surveillance discussions
- Coordinate with Institutional Sale and Investor Ops stakeholders to ensure a smooth experience for bank, credit union, and institutional investor counterparties
- Work cross-functionally with investor sales, credit, product, treasury, and engineering teams to support balance sheet management and data integrity across funding channels
- Support onboarding of new institutional investors, warehouse facilities, and securitization counterparties, including operational setup and due diligence
- Take on ownership of ad hoc projects as the team's funding programs scale
What We Look For:
- 4 + years of experience in capital markets, asset-backed finance, or a related consumer lending function.
- Familiarity with consumer lending and credit underwriting, and asset-based/structured finance more broadly (warehouse facilities, forward flow, and/or ABS)
- Proficient in Excel; SQL and/or Tableau experience a plus
- Execution-oriented — comfortable owning deliverables and deadlines on live transactions in a fast-paced environment
- Strong written and verbal communication skills, with the judgment to work directly with external counterparties
- Highly organized, detail-oriented, and strong client service skills
About the Role:
We are looking for a Manager to join our Capital Markets team, with a focus on hands-on execution across Upgrade's institutional funding programs — warehouse facilities, forward flow whole loan sales, and securitizations — spanning our lending products (personal loan, home improvement, indirect auto, BNPL, Card and more). This is an execution-oriented seat: you will be the primary or backup point person keeping live transactions moving day to day, working alongside the team's Institutional and FI execution leads.
This position reports into the VP of Capital Markets and is based in our San Francisco office in a hybrid capacity (Tuesdays, Wednesdays, and Thursdays in office).
What You'll Do:
- Serve as primary or backup execution support on a subset of Upgrade's lending products, partnering with the Institutional and FI Execution Leads on live warehouse, forward flow, and securitization transactions
- Own the day to day mechanics of deal execution: allocation reports, purchase confirmations, loan tape reviews, funding and settlement coordination, and closing checklists
- Support warehouse and ABS reporting as a backup owner — covenant monitoring, borrowing base calculations, and timely delivery of investor reporting deliverables, in partnership with the team's warehouse reporting leads
- Review and help negotiate legal documentation for structured finance transactions (purchase agreements, servicing agreements, side letters) alongside internal and outside counsel
- Analyze collateral performance using Excel, SQL, and Tableau to support pricing, structuring, and ongoing surveillance discussions
- Coordinate with Institutional Sale and Investor Ops stakeholders to ensure a smooth experience for bank, credit union, and institutional investor counterparties
- Work cross-functionally with investor sales, credit, product, treasury, and engineering teams to support balance sheet management and data integrity across funding channels
- Support onboarding of new institutional investors, warehouse facilities, and securitization counterparties, including operational setup and due diligence
- Take on ownership of ad hoc projects as the team's funding programs scale
What We Look For:
- 4 + years of experience in capital markets, asset-backed finance, or a related consumer lending function.
- Familiarity with consumer lending and credit underwriting, and asset-based/structured finance more broadly (warehouse facilities, forward flow, and/or ABS)
- Proficient in Excel; SQL and/or Tableau experience a plus
- Execution-oriented — comfortable owning deliverables and deadlines on live transactions in a fast-paced environment
- Strong written and verbal communication skills, with the judgment to work directly with external counterparties
- Highly organized, detail-oriented, and strong client service skills
What We Offer You:
- Competitive salary and stock option plan
- Medical, dental and vision insurance with employer paid options
- Flexible PTO
- Competitive 401(k) and RRSP program
- Opportunities for professional growth and development
- Paid parental leave
- Health & wellness initiatives
The compensation range of this position in San Francisco, CA and New York, NY is USD $140,000 - $160,000 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.
For California residents: Upgrade's California Notice at Collection and Privacy Policy describes our practices regarding the collection, use, and disclosure of the personal information of job applicants.