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Full-Time

Principal Software Engineer

Platform

Posted on 6/28/2024

Figure

Figure

201-500 employees

Blockchain-based home equity lending solutions

Hardware
Enterprise Software
Fintech
Crypto & Web3
Financial Services
Real Estate

Expert

Helena, MT, USA

Category
Backend Engineering
Software Engineering
Required Skills
Agile
Data Science
Blockchain
Development Operations (DevOps)
Requirements
  • BS/BA or greater in Computer Science, Statistics, or a similar field
  • 12+ years of software engineering experience in a fast-paced, agile environment
  • Leadership experience working on big products with a multitenant architecture
  • Expertise in both identity and authorization in a multitenant environment
  • Demonstrated self-starter with the ability to execute work with minimal supervision
  • Track record in conceptualizing and building end-to-end
  • Ability to drive a project from concept to release
Responsibilities
  • Be a leader, use your voice, and apply your tech skills to solve real-world problems
  • Collaborate with a diverse group of people across Engineering, Data Science, Product, and Leadership
  • Work closely with DevOps, SecOps, and business teams to provide a secure, multi-tenant auth environment for Lending as a Service
  • Partner with business teams and external partners to implement auth integration using external identity providers
  • Deliver financial grade customer auth systems for both B2C and B2B2C scenarios
  • Collaborate with partners to accept Web3 wallet-based authentication
  • Work with development teams across the organization to provide guidance and troubleshoot issues
  • Deliver solutions with backward compatibility and ease of adoption as an intrinsic part of the design
  • Design, implement, and maintain a standard, company-wide platform for teams to build backend microservice, internal tools, and customer-facing applications on
  • Provide leadership on security concerns and architecture
  • Drive innovation for the lending platform

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

-3%

1 year growth

-4%

2 year growth

-19%
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.

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