Figure

Supply Chain and Allocation Coordinator

United States

Figure Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Logistics & Supply ChainIndustries

Requirements

Candidates should possess an analytical and detail-oriented approach to work, with a proven track record in operational excellence and a “can-do” attitude. Strong communication skills are essential, along with the ability to collaborate effectively with various teams and departments. Experience working with data and identifying trends is also required, as is the ability to adapt to changing priorities and solve problems effectively.

Responsibilities

The Supply Chain and Allocation Coordinator will support inventory planning and allocation across multiple sites, updating and analyzing bi-weekly allocation reports to identify trends and opportunities. They will coordinate shipments between the warehouse and various sites, communicating with relevant teams to ensure timely and accurate deliveries. This role involves maintaining accurate inventory records, managing the inventory order template, assisting in analyzing sales and inventory data, and supporting buy planning by updating datasets for forecasting and replenishment needs. Additionally, the coordinator will generate reports on inventory levels, allocation performance, and operational efficiency, as well as managing data entry for new product SKUs into warehouse and POS systems.

Skills

Supply Chain Operations
Inventory Management
Data Analysis
Trend Identification
Logistics Coordination
Communication Skills
Problem-Solving
Adaptability
Attention to Detail

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.

Key Metrics

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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