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Full-Time

Director of IT

Posted on 9/14/2024

Figure

Figure

201-500 employees

Blockchain-based home equity lending solutions

Fintech
Crypto & Web3

Compensation Overview

$158.4k - $198kAnnually

+ Quarterly Bonus + Equity Stock Options

Senior

No H1B Sponsorship

Reno, NV, USA

Hybrid position requiring in-office presence.

Category
Cybersecurity
IT Project Management
System Administration
IT & Security
Required Skills
Development Operations (DevOps)
Requirements
  • BS/BA or greater in Information Technology, Computer Science, or a similar field
  • 12+ years of IT implementation and support experience in a fast-paced, agile environment
  • Leadership experience in an IT or similar role; experience in fintech or a highly regulated industry a nice-to-have
  • Experience leading the IT strategy for a company, bonus points for a track record of transitioning from start-up to scale-out
  • Strong knowledge of IT infrastructure, software development, cloud technologies, virtual machines, and desktop support
  • Experience automating provisioning / initial machine setup and configuration management for both Mac and Windows computers
  • A track record of implementing disaster recovery and backup strategies, with a preference for hands-on experience with 'infrastructure as code' technologies
  • Experience managing IT operations in a high-growth, fast-paced environment, with bonus points for experience with provisioning both development and call center teams.
  • Excellent leadership, communication, and interpersonal skills
  • Strategic thinker with the ability to align IT initiatives with business, technology, compliance, and security objectives
  • Strong problem-solving skills and the ability to lead with poise and make decisions under pressure
  • Demonstrated self-starter with the ability to execute work with minimal supervision
  • A deep understanding of financial-grade computer hardening best practices required to meet regulatory obligations
Responsibilities
  • Be a leader, use your voice, and apply your IT and tech skills to solve real-world problems
  • Work closely with DevOps, SecOps, and engineering teams to provide a secure platform for our employees, distributed, on-site, and off-shore
  • Lead IT strategy and operations, developing and implementing IT strategies aligned with business goals.
  • Oversee IT systems and infrastructure to ensure reliability, maintaining high availability and performance of critical systems.
  • Build, mentor, and lead a desktop support team, ensuring efficient and effective end-user support.
  • Foster close collaboration between the IT and Engineering teams to drive and support the execution of the business strategy
  • Collaborate with a diverse group of people across Engineering, Data Science, Product, and Leadership, executing big opportunities and driving FTS to the top of the FinTech industry
  • Partner with security and compliance to meet and tighten data privacy policies
  • Protect our partner's data in a financial-grade, multitenant environment
  • Work with development teams across the organization to provide guidance and troubleshoot issues
  • Provide leadership on security concerns
  • Stay updated on emerging technologies to keep the company at the forefront of advancements, driving the adoption of IT technologies to enhance business operations and customer experience
  • Manage relationships with external vendors for high-quality service delivery, collaborating with internal stakeholders to address technology needs effectively
  • Develop and manage the IT budget, ensuring cost-effective resource use and monitoring IT performance metrics to identify areas for improvement
  • Partner with SecOps, DevOps, and engineering teams to maintain secure identity implementations with low-friction user experience

Figure is a financial technology company that uses blockchain technology to improve financial transactions, specifically for homeowners. It offers products like Home Equity Lines of Credit (HELOCs) and mortgage refinancing, allowing homeowners to access their home equity quickly and efficiently. The application process is fully online, enabling funds to be accessed in as little as five days, which is much faster than traditional banks that can take weeks or months. By utilizing blockchain, Figure enhances the security and cost-effectiveness of transactions. The company generates revenue through origination fees and interest on loans, with competitive rates starting at 3.49% APR. Targeting homeowners in various U.S. states, Figure aims to meet the demand for quick access to home equity for purposes like home improvements or debt consolidation. The goal is to provide a reliable and efficient solution in the home equity lending market.

Company Stage

Series D

Total Funding

$1.9B

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

1%

1 year growth

-1%

2 year growth

-17%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of Figure Connect, a blockchain-based private credit marketplace, positions the company as an innovator in capital markets.
  • The appointment of Michael Tannenbaum as CEO brings experienced leadership, potentially driving further growth and innovation.
  • Figure's AI-powered chatbot and DART System streamline the HELOC origination process, enhancing operational efficiency and customer experience.

What critics are saying

  • The volatile nature of the blockchain and crypto markets could impact Figure's operations and customer trust.
  • Competition from traditional banks and other fintech companies may pressure Figure to continuously innovate and reduce costs.

What makes Figure unique

  • Figure leverages blockchain technology to offer faster and more secure home equity lending solutions, setting it apart from traditional financial institutions.
  • The company's fully online application process allows homeowners to access funds within five days, significantly quicker than the industry standard.
  • Figure's competitive interest rates and origination fees make it an attractive option for homeowners looking to tap into their home equity.

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Benefits

Health & wellness - Figure pays 100% of premium costs for employees and dependents for medical, dental, and vision insurance (with the exception of costs associated with the buy-up medical plan.)

Continuing education - Figure will reimburse eligible employees for approved continuing education that either offers growth in an area related to his or her current position or that may lead to promotional opportunities.

Flexible time off - We offer 10 company-wide holidays plus one personal holiday, generous Flexible Time Away (FTA), Paid Time Off (PTO), and Paid Parental Leave.

Bonus & stock options - Figure’s Bonus Plan recognizes and rewards eligible employees’ efforts and contributions. Eligible employees are also granted an option to purchase a set number of shares of Figure’s common stock.

INACTIVE