Product Manager/Senior Product Manager, Figure
B2B2C
$125.5-159.5k
+ Quarterly 25% bonus target + Equity stock options package
Blockchain-powered digital lender
Be an early applicant
Blockchain-powered digital lender
201-500 employees
Be an early applicant
$125.5-159.5k
+ Quarterly 25% bonus target + Equity stock options package
201-500 employees
Company mission
Figure's mission is to transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.
Role
Who you are
- Do you excel at working cross-functionally by finding simple solutions to complex problems?
- BS/BA with 3+ years of product management
- Strong communication skills with the ability to distill complex concepts into digestible formats for both technical and non-technical audiences
- High level of business acumen
- Experience in FinTech or consumer lending products is a plus
- Data driven approach with strong analytical abilities
- Ability to ascertain and effectively communicate the “why”
- Proven success working cross functionally and building solid long term business relationships
- Ability to thrive in a fast-paced startup environment
What the job involves
- Figure is looking for a creative and adaptable Product Manager or Senior Product Manager (level dependent on experience) to join our growing team!
- As a PM on Figure’s lending technology product team, you will help build and own the next generation of consumer financial services products in a high speed, high performance, innovative environment
- This role will focus on the success of Figure’s B2B2C offering, a fast moving vertical that has seen significant growth over the last 18 months
- This is a new and growing team with plenty of opportunities to roll up your sleeves and find creative solutions to complex problems
- The role will report directly to the Direct of Product Management for HELOC
- Build new products for non-licensed partners from ground level and work to continuously scale and evolve current products in consumer lending and financial services
- Build an expert level understanding of Figure’s customer base
- Help drive the product development process: see projects through from concept and planning to development, launch, and post-launch iterating
- Partner with the engineering team and other cross-functional teams to define, document, and communicate objectives, requirements and constraints for product initiatives and releases
- Manage input from users and stakeholders to prioritize work accordingly
- Create documentation that provides transparency both internally and externally regarding new product releases
- Continually measure solutions to see if they have solved the problems at hand, via both qualitative and quantitative measures
- Work with external partners regarding technical matters
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
Few candidates hear
back within 2 weeks
-15% employee growth in 12 months
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 values
- Transparent
- Entrepreneurial
- Positive
- Mission driven
Company HQ
Chinatown, San Francisco, CA
Articles
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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