Full-Time

Corporate Paralegal

Updated on 11/18/2024

Figure

Figure

201-500 employees

Blockchain-based home equity lending solutions

Fintech
Financial Services

Compensation Overview

$80k - $100kAnnually

+ 25% Bonus Target + Equity Stock Options

Senior

No H1B Sponsorship

San Francisco, CA, USA

Hybrid position requiring in-office presence.

Category
Legal
Contract Management
Legal & Compliance
Requirements
  • Bachelor's degree or equivalent experience required
  • 5+ years of paralegal or related experience
  • Strong organizational skills, with an emphasis on managing time, documents, projects and relationships
  • Extreme attention to detail, ability to adjust on the fly, problem-solving skills, intellectual maturity, business acumen and a great attitude
  • Excellent writing and communication skills
  • Database management experience
  • Ability to thrive in a fast-paced growing company
  • A self-starter mentality, with the confidence to work independently and take initiative without oversight
Responsibilities
  • Review, draft, and provide commentary on a variety of legal documents, including NDAs, vendor contracts and corporate documents
  • Collaborate with teams across the business to support the drafting, review, and execution of a wide array of legal documents
  • Manage the contract lifecycle, including efficiently routing documents for signatures, cataloging executed contracts into a document database, and tracking contract statuses
  • Oversee the maintenance of a legal filing system, managing the retention and organization of electronic and paper documents
  • Serve as the primary liaison between the Legal Department and internal stakeholders, addressing questions and issues and fielding them to the appropriate parties
  • Collaborate with diverse teams across the business to research, draft and advise on legal documents
  • Support a variety of complex corporate transactions, including mergers, acquisitions, securitizations, and joint ventures, including assisting with due diligence and KYC requests
  • Assist with the management and administration of the company’s subsidiaries by managing corporate filings, governance documents, and ensuring compliance with local and state regulations
  • Draft corporate governance documents, including resolutions, consents, and minutes
  • Support periodic and ad hoc regulatory reporting and related internal processes including, but not limited to, Forms 10-K, 10-Q, 8-K, and proxy statements, Section 16 filings, and maintenance of the company's insider trading compliance program
  • Collaborate on company-wide initiatives and other special projects as needed

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 available 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

M&A

Total Funding

$406.6M

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-4%

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.