Corporate Counsel, Figure

$167-208.7k

+ 25% Annual bonus target, paid quarterly + Equity stock options package

Mid and Senior level

Remote from US

More information about location

Blockchain-powered digital lender

Be an early applicant

Blockchain-powered digital lender

201-500 employees

FintechB2CPersonal financeMortgagesLendingInvestingBlockchain

Be an early applicant

$167-208.7k

+ 25% Annual bonus target, paid quarterly + Equity stock options package

Mid and Senior level

Remote from US

More information about location

201-500 employees

FintechB2CPersonal financeMortgagesLendingInvestingBlockchain

Company mission

Figure's mission is to transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.

Job

Company

Role

Who you are

J.D. and membership with at least one state bar
3+ years combined relevant experience in a top law firm, government agency, and/or in-house legal team
Experience with capital markets transactions is a plus
Strong communication and research skills
Self-starter who will take ownership of projects
Strong record of hands-on contract drafting and negotiations
Sound and practical business judgment
Ability to work EST hours

What the job involves

The Corporate Counsel role will support Figure’s corporate, finance and capital markets functions
Our Legal team plays a central role in Figure’s hyper growth and the realization of our mission of leveraging blockchain to transform financial services
This role will be EST hours
Provide advice and counsel related to corporate governance, investor relations and equity related matters
Draft, review, negotiate and interpret commercial agreements to support Figure’s businesses, including software/technology agreements, customer and vendor agreements, licensing agreements, services agreements, confidentiality agreements, and other complex commercial agreements
Assist with corporate and securities transactions, including capital markets transactions, M&A (or related) transactions, partnerships and financing transactions
Draft Current Reports on Form 8-K, as necessary, including working with internal and external resources to finalize and file
Review periodic reports (10-Qs and 10-Ks), particularly with regard to Regulation S-K compliance
Support in annual review of committee charters and corporate and Board policies, annual board and committee self-evaluation process, and director independence assessment
Help build scalable and effective processes for legal review and launch of new products
Manage Figure’s intellectual property licenses

Our take

Figure handles loans and mortgaging. They are disrupting manual compensation surveys and traditional industry software with their blockchain platform, Provenance, which works as a registry, ledger, and exchange.

The company has branched from offering student loans into many products such as mortgages, personal loans, blockchain-based private credit and private investment opportunities. In 2020, they started seeking a national bank charter to simplify their business and offer better security.

The company is focusing on building blockchain-backed solutions and now offers its customers the option to leverage their cryptocurrency assets to get loans or mortgages and is one of the only companies to do so. Figure is betting heavily on the success of the $1 trillion cryptocurrency market and blockchain industry, and laid off 20% of its staff in July 2023 in preparation for an IPO bid. This IPO is targeted specifically at Figure's lending division, which saw massive growth over 2022 and 2023.

Freddie

Company Specialist at Welcome to the Jungle

Insights

Led by a woman

Top investors

-15% employee growth in 12 months

Glassdoor (3.5)

Trustpilot (4.8)

Company

Funding (last 2 of 4 rounds)

May 2021

$200m

SERIES D

Dec 2019

$103m

SERIES C

Total funding: $418m

Company benefits

Continuing education stipend
Paid parental leave
Flexible paid time off
Stock options
Work from home opportunities
Health insurance

Company HQ

Chinatown, San Francisco, CA

Leadership

Mike Cagney

(Executive Chair)

After Master's at Stanford, Mike spent almost 6 years as Chairman of ReFlow Services and co-founding Social Finance in 2011. He used this experience to co-found Figure in January 2018, serving since as CEO.

June Ou

(President)

Having studied at Stanford and founded CCO Solutions, June spent 5 years at Social Finance with Mike, rising to VP of Product Management. She left this position in October 2017 to co-found Figure the following January.

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