Full-Time

Product Manager/Senior Product Manager

Confirmed live in the last 24 hours

Figure

Figure

201-500 employees

Blockchain-based home equity lending solutions

Fintech
Crypto & Web3

Compensation Overview

$125.5k - $159.5kAnnually

+ Quarterly Bonus + Equity Stock Options

Mid, Senior

No H1B Sponsorship

Remote in USA

Category
Product Management
Product
Required Skills
Product Management
Data Analysis
Requirements
  • BS/BA with 3+ years of product management
  • Strong communication skills with the ability to distill complex concepts into digestible formats for both technical and non-technical audiences
  • High level of business acumen
  • Experience in FinTech or consumer lending products is a plus
  • Data driven approach with strong analytical abilities
  • Ability to ascertain and effectively communicate the 'why'
  • Proven success working cross functionally and building solid long term business relationships
  • Ability to thrive in a fast-paced startup environment
Responsibilities
  • Build new products for non-licensed partners from ground level and work to continuously scale and evolve current products in consumer lending and financial services
  • Build an expert level understanding of Figure’s customer base
  • Help drive the product development process: see projects through from concept and planning to development, launch, and post-launch iterating
  • Partner with the engineering team and other cross-functional teams to define, document, and communicate objectives, requirements and constraints for product initiatives and releases
  • Manage input from users and stakeholders to prioritize work accordingly
  • Create documentation that provides transparency both internally and externally regarding new product releases
  • Continually measure solutions to see if they have solved the problems at hand, via both qualitative and quantitative measures
  • Work with external partners regarding technical matters

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 earns 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

$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

  • Increased blockchain adoption boosts Figure's secure transaction offerings.
  • Figure Connect taps into the demand for liquid private capital markets.
  • Michael Tannenbaum's appointment as CEO suggests potential for significant growth.

What critics are saying

  • Recent layoffs may indicate financial instability or restructuring challenges.
  • New piggyback loan product could increase financial risk amid housing affordability issues.
  • Volatile crypto market could impact Figure's blockchain-based initiatives.

What makes Figure unique

  • Figure uses blockchain to offer fast, secure home equity loans.
  • The company provides a fully online application process for quick fund access.
  • Figure's competitive interest rates start as low as 3.49% APR.

Help us improve and share your feedback! Did you find this helpful?

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.