[Remote] Senior Legal Operations Specialist (CLM) at Figure

Remote

Figure Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • Bachelor’s degree or equivalent work experience required
  • 3+ years of paralegal, legal operations, or related experience
  • Hands-on experience with contract management systems (e.g., Lexion, Ironclad) and the ability to manage all aspects of a CLM program
  • Strong organizational skills with the ability to manage time, documents, projects, and stakeholder relationships effectively
  • Meticulous attention to detail, strong problem-solving skills, and the ability to adapt quickly in a fast-changing environment
  • Excellent written and verbal communication skills
  • Familiarity with database management and reporting
  • Intellectual maturity, business acumen, and a collaborative, positive attitude

Responsibilities

  • Manage the contract lifecycle by routing documents for signatures, entering executed agreements into the CLM platform, and tracking contract status
  • Monitor and report on the contract pipeline, flagging delays, bottlenecks, or other issues needing attention
  • Prepare and present monthly CLM metrics, highlighting gaps and recommending improvements
  • Maintain an organized and efficient legal filing system, ensuring accurate retention of electronic and paper documents
  • Review contracts to identify key terms, obligations, and risks
  • Collaborate with internal teams and outside counsel on company-wide initiatives and special projects
  • Conduct legal research and provide analysis of state and federal laws as needed
  • Track and monitor pending business issues to ensure timely follow-up
  • Manage company licenses, registrations, and other regulatory filings
  • Support periodic and ad hoc regulatory reporting and related internal processes

Skills

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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