About Pagaya
Shape the Future of Finance
Pagaya is building a leading artificial intelligence network to help our partners grow their businesses and better serve their customers.
Pagaya powers a leading artificial intelligence network that enables banks, fintechs, merchants, lenders, and other B2C businesses to provide their customers with greater access to financial services. We help partners grow their customer base while managing risk, all with a seamless customer experience.
Pagaya’s network enables our partners’ customers access to credit across auto, credit card, personal loans, and point of sale markets. We are also developing products in insurance, real estate, and more. Our network is fully automated and operating at scale – with the support of the Pagaya network, our partners have processed millions of applications, with a new application typically analyzed every second.
Let’s create better outcomes together!
About the Role
As a Structured Products Counsel, you will provide the highest quality support to all parts of the business with a particular focus on negotiation and drafting of all documents related to asset acquisition from Pagaya’s commercial partners. We are looking for a smart, motivated, self-starter to join our growing global legal team in a rapidly growing company.
The ideal candidate is a business-minded lawyer who is focused on execution and prepared to lead on important partnership deals, while collaborating with our Business, Technology, Capital Markets and other teams within the company.
To be successful in our Structured Products Counsel role, we’re looking for someone who is passionate about business growth. We want a candidate who is excited by the challenge of working in a legally complex global fintech company and who welcomes the dynamic environment that comes with a growing company. This role will engage with all levels of employees and management, so social and communication skills are vital to strong working relationships.
The role reports to the Head Business Counsel and will be located in New York.
Responsibilities
- Act as a strategic partner to our business team to draft, review and negotiate commercial agreements relating to the acquisition and servicing of various asset classes, primarily unsecured consumer loans, credit cards, point-of-sale, mortgages and auto
- Analyze and structure complex partnership transactions
- Stay on top of regulatory developments for banking/consumer credit laws and structuring partnership transactions, and advise the business team on new risks
- Collaborate with various stakeholders in the company including the partnerships, capital markets, risk, compliance and marketing teams and
- Provide any other legal or non-legal support that the business may require
Requirements
- A qualified attorney in the United States (preferably NY or CA)
- 4+ years experience in US law firm and/or in-house, though the right candidate could have significantly more experience
- Significant experience with various asset acquisition structures and related documentation. Significant experience negotiating purchase and servicing agreements for consumer credit assets (unsecured loans, auto loans, credit cards, point-of-sale)
- Familiarity with US consumer credit/lending legal and regulatory regimes, including FCRA, GLBA, TILA, etc
- Native/Fluent English (written and spoken)
- Excellent drafting of contracts and advice with minimal support from external counsel
- The ability and flexibility to work long and flexible hours based on the company’s needs
- Excellent judgment and initiative in developing creative, practical, and effective solutions, using a business-first approach
- JD or LLM from accredited US law school
- Experience in asset management, investment, funds, fintech or artificial intelligence is preferred
Our Team
Pagaya was founded in 2016 by seasoned research, finance, and technology entrepreneurs, and we are now 500+ strong in New York, Boston, Los Angeles, and Tel Aviv.
We move fast and smart, identifying new opportunities and building end-to-end solutions from AI models and unique data sources. Every Pagaya team member is solving new and exciting challenges every day in a culture based on partnership, collaboration, and community.
Join a team of builders who are working every day to enable better outcomes for our partners and their customers.
Our Values
Our values are at the heart of everything we do. We believe great solutions are built through a great community.
- Continuous Learning: It’s okay to not know something yet, but have the desire to grow and improve.
- Win for all: We exist to make sure all participants in the system win, which in turn helps Pagaya win.
- Debate and commit: Share openly, question respectfully, and once a decision is made, commit to it fully.
- The Pagaya way: Break systems down to their most foundational element, and rebuild them unique to Pagaya.
More than just a job
We believe health, happiness, and productivity go hand-in-hand. That’s why we’re continually looking to enhance the ways we support you with benefits programs and perks that allow every Pagayan to do the best work of their life.
Please send your resume to [email protected].