Senior Equipment Engineer at Figure

San Jose, California, United States

Figure Logo
$140,000 – $175,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Robotics, ManufacturingIndustries

Requirements

  • 5+ years of experience in manufacturing engineering
  • Bachelor’s or Master’s Degree in Mechanical, Biomechanical, Robotics, Mechatronics, or similar field
  • Expert knowledge of manual and automated assembly techniques
  • Strong understanding of BOM, DFMs, manufacturing process, process validation, assembly techniques and cost reduction techniques
  • Familiarity with modern machine controls including PLCs and pneumatic systems
  • Experience with Manufacturing Execution Systems (MES), including implementation, integration, and optimization
  • Expert in 3D CAD software
  • Ability to travel up to 10% of the time

Responsibilities

  • Select and scale equipment necessary for assembling our robots on the manufacturing line
  • Detailed machine design and creation of machine layouts
  • Create new tooling and fixtures for aiding in assembly to be used on the manufacturing line
  • Contribute to make vs. buy decisions on the assembly process
  • Work with facilities team to spec building requirements to handle new equipment
  • Collaborate with mechanical engineering team to aid in DFM and DFMEA
  • Perform data analysis to understand machine metrics

Skills

3D CAD
PLCs
Pneumatic Systems
MES
DFM
DFMEA
BOM
Assembly Techniques
Data Analysis
Machine Design
Tooling
Fixtures
CATIA V6

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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