--- title: 'Corporate Counsel at Prosper' canonical: 'https://feeny.ai/job/corporate-counsel-prosper-san-francisco-q93mrw40hnd1' type: 'job' last_seen: '2026-09-23' --- # Corporate Counsel at Prosper - **Company:** Prosper - **Location:** San Francisco, CA - **Compensation:** $193k–$241k - **Employment:** full-time - **Work type:** hybrid - **Posted:** 2026-09-08 - **Last confirmed live:** 2026-09-23 - **Apply:** https://jobs.lever.co/prosper/c4624bd0-49d5-4f71-b134-8d6bc64475e9 ## Job description ## Your Role In Our Mission We are seeking a highly motivated attorney with experience in structured finance / secured lending to join our legal team as Corporate Counsel.  This person will play a key role in Prosper’s business, partnering closely with our Capital Markets team on a broad range of transactional matters related to our unsecured personal loan and credit card products, including institutional loan sales and servicing, credit facilities, securitizations and advising on operations, marketing and strategy related to Capital Markets. This attorney is collaborative, able to thrive in a fast-paced, complex environment, and is comfortable advising all levels of the business and management on relevant legal issues. This role will report to the Assistant General Counsel. ## How you’ll make an impact - Provide creative legal solutions for complex Capital Markets transactions, such as credit facilities and securitizations - Review and negotiate transaction documents for new clients, including agreements for the sale and servicing of unsecured consumer loans - Advise Capital Markets on non-disclosure agreements, engagement letters and transaction agreements - Review and negotiate contracts for existing clients, including multi-party agreements with leverage providers, account control agreements, asset transfer agreements, and back up servicing agreements - Provide ongoing guidance and support to Capital Markets team for interpretation of existing agreements and client communications - Track and manage investor relationships on the platform, including monitoring key contract details, obligations, and requirements across investor agreements - Coordinate and execute closings of large transactions - Support the Collections and Recoveries teams by facilitating debt sale transactions, including negotiating, drafting, and managing debt sale agreements and related documentation - Manage and negotiate contracts and ongoing commercial relationships with bank partners, including program agreements, amendments, and related ancillary agreements - Advise on related strategic, operational and marketing matters - Provide support to the legal team on other commercial agreements, as needed ## Skills that will help you thrive - 4+ of law firm and/or in-house experience with increasing responsibility - Experience in capital markets and structured finance - Experience leading transactional negotiations - Strong interpersonal skills with the ability to collaborate effectively across teams and stakeholders in a fast-paced environment - Strong judgment and the ability to balance legal risk with practical business objectives - Demonstrated ability to take ownership and resolve issues with minimal supervision - Attention to detail, with excellent organizational skills and strong work ethic - Proven ability to manage multiple projects concurrently in an evolving environment - Effective and persuasive written and oral communication skills - J.D. degree and active membership in good standing with a state bar ## Your roadmap to success First 30 Days: Learn Prosper’s business, products, and capital markets operations; build key relationships By 60 Days: Develop substantive expertise in Prosper’s capital markets transactions; begin handling matters with increasing independence By 90 Days: Operate as the go-to legal resource for capital markets transactions; manage workstreams independently and advise on strategic matters ## #LI-AR1 ## About Prosper ## Company Overview - **One-liner**: Prosper is the first peer-to-peer lending marketplace in the U.S., now offering a comprehensive suite of personal loans, home equity products, and credit cards to help individuals achieve financial well-being. - **Entity Type**: Public (NASDAQ: UPST) - **Headquarters**: San Francisco, California, United States - **Founded**: 2005 - **Founders**: Not explicitly listed in provided sources ## Core Business - **Primary industry**: Financial Services (Consumer Lending, Personal Finance) - **Target customers**: B2C – individual borrowers seeking personal loans, home equity financing, and credit-building cards; also individual and institutional investors who fund loans on the marketplace. - **Mission**: “To advance financial well-being, helping people thrive by meeting them where they are with simple, trusted, and affordable financial solutions.” [prosper.com](https://www.prosper.com/about) ## Products & Services - **Personal Loan Marketplace**: Fixed-rate, unsecured personal loans from $2,000 to $50,000 with next-day funding and no prepayment penalties. Borrowers are matched with investors. [prosper.com](https://www.prosper.com/) - **Prosper® Card**: Unsecured credit card designed for people with less-than-perfect credit, offering up to a $3,000 limit with no security deposit required. [prosper.com](https://www.prosper.com/) - **Home Equity Loans & HELOCs**: Fixed-rate home equity loans and variable-rate home equity lines of credit for homeowners. [prosper.com](https://www.prosper.com/about) - **Investing & IRAs**: Allows investors to fund personal loans on the platform, with an average historical return of 5.3%. Individual Retirement Accounts (IRAs) are also available. [prosper.com](https://www.prosper.com/) ## Market Standing - **Valuation/Market Cap**: Not directly provided in search results (publicly traded; current market cap can be found on stock exchanges) - **Key Metric**: Annual revenue of $212.5M (2024 estimate); net income of -$54.08 million (2024); total assets $877.03 million (2024). [linkedin.com](https://www.linkedin.com/company/prosper-marketplace) - **Notable Investors/Partners**: Not provided in search results - **Growth Signals**: - Nearly 2.5 million customers served since 2005. [prosper.com](https://www.prosper.com/about) - Winner of Bankrate Best Personal Loan Award 2024. [prosper.com](https://www.prosper.com/about) - Received FICO® Decisions Financial Inclusion Award. [prosper.com](https://www.prosper.com/about) - Expanded product lineup with home equity loans and lines of credit, and the Prosper® Card. - Headcount of 338 employees, distributed across 10 countries. [linkedin.com](https://www.linkedin.com/company/prosper-marketplace) ## Competitive Advantages - **First-mover in peer-to-peer lending**: Prosper pioneered the P2P lending model in the U.S. in 2005 and has built a large, trusted borrower and investor base. - **Comprehensive product suite**: Covers personal loans, home equity products, credit cards, and investing – all under one platform, serving customers at different stages of their financial journey. - **Awards and recognition**: Industry accolades (Bankrate, FICO) reinforce credibility and trust. - **Data-driven credit risk**: Robust analytics and AI tools for credit decisioning, as evidenced by roles like Data Scientist, Credit Risk Analytics. [jobs.lever.co](https://jobs.lever.co/prosper) ## Strategic Focus - **Expanding home equity offerings**: Adding home equity loans and HELOCs to leverage the asset class. - **Growing the Prosper® Card**: Targeting consumers with less-than-perfect credit to build a path to better credit. - **Digital-first, customer-centric approach**: Emphasizing 100% online applications, transparency, and human customer service. - **Leveraging AI and analytics**: Using AI in hiring and credit risk to improve efficiency and accuracy. ## Why Work Here - **Culture & Recognition**: Recognized as a “Best Place to Work in the Bay Area.” [prosper.com](https://www.prosper.com/jobs) - **Work Flexibility**: Hybrid model – 3 days remote per week for employees within 50 miles of San Francisco or Phoenix; required in-office on Wednesdays and Thursdays. Fully remote roles also available. [prosper.com](https://www.prosper.com/jobs) - **Total Rewards**: - Competitive pay, bonus program, stock options, and 401(k) with 5% employer match. - Health, dental, vision insurance with 100% employer-paid premiums for employees. - $1,000 annual wellness allowance, One Medical membership, Headspace/Calm access. - Generous parental leave, take-what-you-need vacation (exempt), 20 paid vacation/sick days for hourly employees, plus 8 paid holidays. - Monthly internet/phone stipend, pre-tax commuter assistance, and perks like RocketLawyer, UrbanSitter, Maven support. - Monthly on-site employee lunches and cultural events. [prosper.com](https://www.prosper.com/jobs) - **Hiring Process**: Initial phone/video screen, hiring manager interview, then stakeholder round. Technical roles may include a live coding or take-home exercise. AI tools are used to assist in reviewing applications. [jobs.lever.co](https://jobs.lever.co/prosper) ## Sources 1. [prosper.com/about](https://www.prosper.com/about) 2. [prosper.com](https://www.prosper.com/) 3. [jobs.lever.co/prosper](https://jobs.lever.co/prosper) 4. [linkedin.com/company/prosper-marketplace](https://www.linkedin.com/company/prosper-marketplace) ## Other roles at Prosper - [Program Manager, People Programs](https://feeny.ai/job/program-manager-people-programs-prosper-san-francisco-py51ykyk30sp) — San Francisco, CA - [Sr. Software Engineer, React/React Native](https://feeny.ai/job/sr-software-engineer-react-react-native-prosper-san-francisco-y3xr23bmnbpw) — San Francisco, CA - [Director, Operations Analytics & Infrastructure](https://feeny.ai/job/director-operations-analytics-infrastructure-prosper-phoenix-qm2b7k5zq9nf) — Phoenix, AZ - [Direct Marketing Manager (Credit Card & Creative Strategy)](https://feeny.ai/job/direct-marketing-manager-credit-card-creative-strategy-prosper-san-francisco-3ke4y3mr1wne) — San Francisco, CA - [Sr. Director, Credit Risk Analytics](https://feeny.ai/job/sr-director-credit-risk-analytics-prosper-united-states-2gh5535ss7qv) — United States - [Data Scientist, Credit Risk Analytics](https://feeny.ai/job/data-scientist-credit-risk-analytics-prosper-united-states-9j0cwmtsseh5) — United States - [Credit Risk Analyst](https://feeny.ai/job/credit-risk-analyst-prosper-united-states-yrnegvkzrz3z) — United States - [Sr. Credit Risk Analyst](https://feeny.ai/job/sr-credit-risk-analyst-prosper-united-states-v60rmhpever4) — United States - [Sr. Product Manager, Core Experience](https://feeny.ai/job/sr-product-manager-core-experience-prosper-san-francisco-1jrv6ya6sxx0) — San Francisco, CA - [Sr. Manager, Application Security](https://feeny.ai/job/sr-manager-application-security-prosper-united-states-3kv82vq1gskq) — United States