Counsel - Capital Markets and Commercial Transactions

Steel Partners Holdings LP

  • Salt Lake City, UT
  • 4 days ago

    Highlights

    As "The Bank Behind the Brand", WebBank 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 (FinTech) companies. WebBank 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.

    Numbers & Facts

    LocationSalt Lake City, UT

    Description

    About WebBank:

    WebBank (the "Bank") is a Utah-chartered Industrial Bank headquartered in Salt Lake City, Utah. As "The Bank Behind the Brand", WebBank 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 (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank 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.

    The Role:

    WebBank 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

    What You'll Do:

    Day-to-day responsibilities will include:

    • 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.

    You Get:

    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) - WebBank matches up to the first 6 percent of employee contributions and both the employee's contributions and WebBank'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 - WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year.

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