Motor Mechanical Design Engineer at Figure

San Jose, California, United States

Figure Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Robotics, AIIndustries

Requirements

  • Bachelor’s degree in Mechanical Engineering
  • 2+ years of experience in mechanical design, preferably involving electric motors or rotating machinery
  • Strong fundamentals in stress analysis, material selection, and tolerance stack-ups
  • Experience designing for high-speed rotating systems, including consideration of burst strength and rotor balancing
  • Proficiency in CAD tools, preferably CATIA V5 or V6
  • Knowledge of adhesives, magnet bonding, and rotor manufacturing best practices
  • Strong communication skills and a team-first mindset

Responsibilities

  • Own the mechanical design of motor subcomponents including rotor and stator laminations, shaft assemblies, and magnet retention structures
  • Design, release, and iterate complex lamination stacks for high-efficiency, high-speed permanent magnet motors
  • Collaborate closely with the electromagnetic, thermal, and control teams to ensure mechanical solutions meet overall system requirements
  • Work on magnet selection and adhesive strategies for permanent magnet rotors, with a focus on structural integrity and manufacturability
  • Perform structural FEA for rotor stress and rotor dynamics (burst speed, critical speed, balancing strategy)
  • Drive motor CAD in CATIA and manage BOMs and drawing packages from prototype to production
  • Oversee and support motor rotor balancing (static and dynamic)
  • Interface with vendors for lamination, shaft, and magnet sourcing and fabrication

Skills

CATIA
FEA
Rotor Dynamics
Stress Analysis
Material Selection
Tolerance Stack-ups
Rotor Balancing
Permanent Magnet Motors
Lamination Stacks
Shaft Assemblies
BOM Management
Drawing Packages

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.

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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