Counsel - Capital Markets and Commercial Transactions

About Web Bank

Web Bank (the “Bank”) is a Utah-chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, Web Bank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (Fin Tech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms.

Web Bank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners.

Web Bank is seeking a talented transactional lawyer to join our dynamic team and support the Bank’s day-to-day transactional needs, including cutting edge structured finance and fintech transactions. You will be responsible for providing best in class commercial and transactional support across business teams at the Bank. Reporting directly to the VP, Deputy General Counsel - Corporate & Capital Markets, this role offers a unique blend of autonomy, collaboration, and the chance to work on high-profile projects with the leading bank in Fintech.

• Provide day-to-day legal advice across the entire organization and partner with cross-functional teams to provide practical, risk-based legal guidance.
• Review, draft, and negotiate a multitude of contract-types, including confidentiality agreements, credit bureau agreements, technology services agreements, term sheets, financing documents, and partnership agreements.
• Support the Bank’s financing efforts and partner with the outside counsel, internal counsel, and Bank’s asset finance team to support various financing transactions.
• Partner with cross-functional teams including Treasury, Compliance, IT, Asset Finance, and Business Development to provide deal structuring and commercial contractual support.
• Supervise outside counsel.

• Paid Time Off (PTO) — Generous paid time off plus paid parental leave
• Health insurance — Plans include an employer paid medical, dental and vision coverage, plus health savings accounts
• 401(k) — Web Bank matches up to the first 6 percent of employee contributions and both the employee’s contributions and Web Bank’s match are fully vested immediately
• Life and Disability Insurance — Life insurance and long and short-term disability insurance plans are 100% employer paid
• Tuition Reimbursement — Web Bank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year.