Figure

HR Operations Manager

New York, New York, United States

Figure Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Human Resources, Professional ServicesIndustries

Requirements

Candidates should possess a Bachelor's degree in Human Resources, Business Administration, or a related field, along with a minimum of 7 years of experience in HR operations, preferably within a technology or experience-focused company. Strong leadership and team management skills are essential, as is experience with HR technology systems such as ADP and Connection. Knowledge of HR policies, procedures, and compliance regulations is also required.

Responsibilities

The HR Operations Manager will oversee the daily HR operations, including new hires, employee record management, benefits, payroll, and workers' compensation, while leading and developing a team of HR Coordinators. They will manage the company's People policies, oversee the benefit program, partner with Finance on payroll, and diligently manage HR service delivery through case management systems. The role also involves driving HR system improvements, automation, and data updates while ensuring compliance with data privacy and security standards.

Skills

HR technology
Data privacy
Security
Project management
Leadership
Team management
HR policies
Vendor management
Benefits administration
Employee relations

Figure

Blockchain-based home equity lending solutions

About Figure

Figure is a financial technology company that uses blockchain technology to improve financial transactions, specifically in the home equity lending market. 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 homeowners to receive funds in as little as five days, which is much faster than traditional banks that can take weeks or months. Figure ensures secure and cost-effective transactions through blockchain, and it generates revenue from origination fees and interest on loans, with competitive rates starting at 3.49% APR. Targeting homeowners across various U.S. states, Figure aims to meet the demand for quick access to home equity for purposes like home improvements or debt consolidation.

Key Metrics

San Francisco, CaliforniaHeadquarters
2018Year Founded
$406.6MTotal Funding
SERIES_DCompany Stage
Fintech, Crypto & Web3Industries
201-500Employees

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.

Risks

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 initiatives.

Differentiation

Figure uses blockchain to offer fast, secure home equity access in five days.
The company provides a fully online application process, unlike traditional banks.
Figure's competitive interest rates start as low as 3.49% APR.

Upsides

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 growth.

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