The Company

Sunbit builds financial technology for real life. Our technology eases the stress of paying for life’s expenses by giving people more options on how and when they pay. Founded in 2016, Sunbit offers a next-generation, no-fee credit card that can be managed through a powerful mobile app, as well as a point-of-sale payment option available at more than 16,000 service locations, including 1 in 3 auto dealerships, optical practices, dentist offices, veterinary clinics, and specialty healthcare services. By introducing a flexible way to pay over time, we are proud of our ability to lift up service providers and retailers while helping consumers when necessary expenses arise... regardless of whether they were expected or unexpected.  Sunbit was included on the 2022 and 2023 Inc. 5000 list. The financial technology company has also been named as a Most Loved Workplace®, Best Point of Sale Company, and as a Top Fintech Startup by CB Insights. We use cutting-edge innovations in financial technology to bring leading data and features that allow individuals to be qualified instantly, making purchases at the point-of-sale fast, fair and easy for consumers from all walks of life. We create value focused on our core values; we work tirelessly to ensure that Sunbit becomes available to everyone, everywhere.

Sunbit is proud to be recognized on the CB Insights List of Unicorn Companies, with a valuation of $1.1B. (https://www.cbinsights.com/research-unicorn-companies)

The Role

We are looking for an experienced capital markets transactional attorney to join our fast growing team. This is an opportunity for a collaborative, dedicated individual to join Sunbit’s existing team of in-house attorneys. You will work with different departments across the organization to provide legal advice, negotiate deals, and draft agreements.

Requirements

What You’ll Be Doing:

• Take the lead in negotiating and drafting contracts and service agreements related to transactions.
• Manage due diligence and contract negotiations of various capital markets transactions: warehouse debt facilities, asset sale, securitization transactions, etc.
• Review and negotiate transaction documents prepared by outside counsel, including asset purchase agreements, funding agreements, and contractual arrangements for asset securitization and financing transactions. 
• Consistently anticipate and propose mitigation strategies for the management of potential contractual, compliance and financial risks.
• Routinely review and negotiate various vendor and merchant agreements. 
• Establish and maintain professional working relationships with different departments in the business.
• Coordinate with other members of the in-house legal team to assist on a wide variety of legal tasks.
• Advise internal departments regarding compliance with applicable regulations, laws and policies and identify legal and business risks.

What You Bring To The Table:

• Law degree from a reputable law school
• Membership in CA State Bar or In-House Counsel Registration in CA
• 4+ years of law firm or in-house hands-on experience handling variety of capital market transactions
• You definitely have extensive hands-on experience handling multiple capital markets transactions. 
• Experience reviewing vendor agreements is a plus. 
• Ability and willingness to handle routine vendor agreements on a regular basis; we are a small and lean team and every attorney handles a number of projects.
• Excellent verbal and written communication skills
• Impeccable organizational skills; if handling multiple tasks, staying organized and being able to prioritize are your development areas, you will not be fulfilled by this position
• Superior analytical ability and strong attention to detail
• Collaborative nature
• Ability to work under pressure for a fast-paced growth-stage company, manage partner expectations, and prioritize multiple projects and assignments
• Experience in banking, consumer finance, or compliance is a plus
• Experience in open-end or closed-end consumer credit is also a plus

The Perks:

• Join one of LA’s fastest growing startups (2022), A Most Loved Workplace, and #306 on the 2022 Inc 5000 list 
• Mission driven + empowered + collaborative
• Competitive pay and stock options
• Unlimited PTO
• Health Insurance options including Medical, Dental, Vision, Life, EAP, FSA, & Maternity Leave
• Newly added HSA and Pet Insurance
• 401K Plan with Matching 
• Cell Phone Stipend 
• Casual Dress
• Open door policy / Open office floor plan
• Team based strategic planning + Team owned deliverables

How We Pay: 

• We believe in paying fairly and equitably based on a number of factors including but not limited to previous experience, relevant work history, interview performance, geographical location, internal equity, and expected level of ownership 
• We are targeting a base salary of $145,000 - $225,000 for this role
• This role will also be granted company equity via stock options

Core Values for Success at Sunbit:

• Serve Others Before Self - Focus on the legal and financial welfare of Sunbit and its stakeholders, ensuring that all legal actions are taken with their best interests in mind
• Own the Impact - Take full responsibility for the outcomes of legal negotiations and transactions, emphasizing precision, due diligence, and risk mitigation
• Connect Genuinely - Build trust through clear and empathetic communication, fostering strong relationships across departments and with external partners
• Act Fast - Demonstrate agility and responsiveness in a fast-paced fintech environment, adapting quickly to changing market and legal conditions
• Include Always - Promote inclusivity in legal processes and decisions, ensuring equitable and compliant financial services practices
• Innovate for Good - Apply creative legal solutions to support Sunbit’s mission, ensuring that innovations are legally sound and forward-thinking

Sunbit is an Equal Opportunity Employer. We strive to provide a professional & welcoming workplace for all employees.