Product Manager
Credit Key- Internship
- Mid-level (3 to 4 years), Senior (5 to 8 years)
About Figure: Figure is maximizing the value of homeownership in ways that benefit consumers and the industry alike. We’re helping homeowners tap their liquidity easily, efficiently and reasonably for purpose-driven, significant expenditures – everything from dream home renovations and debt consolidation to small business formation. In seven years, we’ve become the country’s #1 non-bank HELOC lender. As a financial technology firm operating at the intersection of regulation and transformation, we’re a “unicorn” – a group of fewer than 1000 companies globally that is valued at $1B or more and has been in operation for less than ten years. Our mission requires us to have a creative, team-oriented, and supportive environment where everyone can do their absolute best. We are motivated, innovative, collaborative, and curious. We value individuals who bring a problem-solving mindset to every task. Every day at Figure is a journey in continuous learning combined with a focus on getting work done that makes a difference. Join us!
About the Role: Figure is seeking a dynamic and experienced Product Accounting Manager who is ready to make a powerful impact! In this role, you will lead critical financial operations related to loan transactions and servicing. You will also help with automations as well as play a key part in building and refining processes as we scale at lightning speed. We’re a team of trailblazers transforming the financial services industry. This role offers a unique opportunity to shape the future of loan accounting by integrating traditional financial practices with innovative technologies. If you're passionate about transforming financial services and thrive in a fast-paced, collaborative environment, join our forward-thinking team.
Blockchain-based home equity lending solutions
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.