[Remote] Senior Product Manager, Loan Marketplace at Figure

Remote

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

Requirements

  • 5+ years working in product for a loan originator, Fintech (lending), or similar company
  • Bachelor’s degree or equivalent
  • Knowledge of and experience of lending ecosystem
  • Knowledge of and experience within digital marketplaces or more traditional financial markets
  • Obsession over intuitive product experiences and a high bar for product quality
  • Ability to work effectively in a team and address cross-functional requirements
  • Ability to work in a fast-paced environment and be accountable for large projects
  • Ability to understand complex data or user research learnings and make them accessible to others
  • Strong communication skills to drive consensus across different parties
  • Ability to evaluate the success or failure of releases and use data to guide next steps
  • Ability to learn new concepts rapidly to enable business expansion into new areas
  • Ability to succinctly highlight tradeoffs and make a compelling recommendation
  • Deep ownership of product, business, and customer outcomes

Responsibilities

  • Drive the product lifecycle through ideation, roadmap planning, launch, and post-launch growth for our loan marketplaces
  • Own the user experience for our customers who use Figure Portfolio Manager and Figure Connect
  • Synthesize feedback from users into deliverable product improvements
  • Clearly define and communicate strategy, priorities, and key performance indicators with all stakeholders
  • Work cross-functionally with the Engineering, Data, Business, Legal, and Marketing teams to align product efforts across the company
  • Analyze the product workflow to predict and mitigate complex issues; develop creative and practical, scalable solutions to streamline business efforts
  • Create, monitor, and assess success metrics; present findings to the leadership team

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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