Capital Markets Manager, Emerging Products

About Upstart At Upstart, we’re united by a mission that matters: to radically reduce the cost and complexity of borrowing for all Americans. Every day, we bring creativity, experimentation, and advanced AI to reshape access to credit, helping millions move forward financially with clarity and confidence. As the leading AI lending marketplace, we partner with banks and credit unions to expand access to affordable credit through technology that’s both radically intelligent and deeply human. Our platform runs over one million predictions per borrower using more than 1,800 signals, powering smarter, fairer decisions for millions of customers. But the numbers only hint at the impact. Every idea, every voice, and every contribution moves us closer to a world where credit never stands between people and their financial progress. We’re proudly digital-first, giving most Upstarters the flexibility to do their best work from wherever they thrive, alongside teammates across 80+ cities in the US and Canada. Digital-first doesn’t mean distant. We’re intentional about in-person connection through team onsites, planning sessions, and moments that spark creativity and trust. And whether you choose to work primarily from home or collaborate in-person from one of our offices in Columbus, Austin, the Bay Area, or New York City (opening Summer 2026), you’ll have the support to work in the way that works best for you. If you’re energized by tackling meaningful problems, excited to innovate with purpose, and motivated by work that truly matters, we’d love to hear from you. The Team: Upstart’s Capital Markets team plays a key role in securing funding for our AI lending marketplace. The team partners with institutional investors across a range of financing solutions, including securitizations, whole loan sales, co-investment partnerships, and structured transactions. Within Capital Markets, the Structured Products team leads Upstart’s securitization and financing programs. The team partners closely with investment banks, institutional investors, and internal stakeholders to design and execute funding structures that support new and existing products. As the Capital Markets Manager - Structured Products at Upstart, you will drive execution across securitization and warehouse programs while helping bring new products to market. You will work at the intersection of structuring, investor engagement, and product innovation—translating complex data into clear narratives that support investment decisions. How you’ll make an impact Drive execution of Upstart’s securitization issuance and asset-backed financing strategy across multiple products Structure and model asset-backed transactions, including reviewing collateral performance and bond cashflows Build and maintain relationships with institutional investors, lenders, and banking partners Lead investor discussions, including presenting new products and opportunities with limited historical performance data Partner with legal, operations, analytics, and accounting to execute transactions and ensure alignment across stakeholders Present transaction updates, market insights, and funding strategies to senior leadership Support development of junior team members through coaching and guidance Minimum Qualifications 7+ years of experience in capital markets, structured finance, investment banking, or a related field Experience structuring and executing asset-backed securities (ABS) or other structured finance transactions Experience building and reviewing asset-level and bond-level cashflow models Experience presenting investment opportunities, transaction structures, or financial products to institutional investors Bachelor’s degree in finance, economics, or a quantitative field (or equivalent practical experience) Preferred Qualifications Experience working with new or emerging financial products with limited historical performance data Knowledge of unsecured consumer lending or simil ... (truncated, view full listing at source)