Head of Compensation, Figure
$144-216k
+ 25% annual bonus target, paid quarterly + Company equity in the form of RSUs
More information about location
Blockchain-powered digital lender
Be an early applicant
Blockchain-powered digital lender
501-1000 employees
Be an early applicant
$144-216k
+ 25% annual bonus target, paid quarterly + Company equity in the form of RSUs
More information about location
501-1000 employees
Company mission
To transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.
Role
Who you are
- Bachelor’s degree or equivalent experience in human resources, Finance, Economics, or related field; advanced degree preferred
- 10+ years of progressive experience in global compensation
- Executive level partner experience, i.e. partnering directly with senior leaders
- Experience with job architecture, market pricing, and equity strategy
- Strong analytical skills and proficiency in compensation tools
- Demonstrated ability to remain flexible and agile in an ever-changing environment. Ability to handle ambiguity with ease
- Proven proficiency in nurturing partnerships and connections (internally and externally) at every organizational level, displaying strong leadership and persuasion capabilities, and spearheading management ventures
- Strong analytical abilities to dissect complex issues into more manageable components
What the job involves
- We are looking for a Head of Compensation to help transform Figure’s compensation systems and processes, focused on enabling business success through thoughtful design, governance, and execution
- In partnership with Figure’s Chief People Officer (CPO) and business leaders, you will help architect and execute across corporate and frontline roles and geographies, taking a data driven approach to ensure Figure can hire and retain the very best talent
- This role is perfectly suited for a compensation leader who thrives in building and optimizing systems, running fast despite ambiguity, and values optimization and constant incremental improvement
- Partner with leadership to ensure compensation outcomes are aligned with Figure’s performance strategy
- Design, build, and maintain salary and equity bands across frontline and corporate populations
- Drive job architecture and lean leveling to ensure employees are rewarded appropriately and consistently
- Evolve equity vehicle design and broader long-term incentive structures
- Conduct ongoing market analysis to define and refine Figure’s competitive compensation positioning
- Provide leadership with rigorous labor cost forecasts through modeling and analytics
- Help build scalable compensation systems and processes that enable faster, smarter decision-making
- Partner closely with leaders across the business to balance strategic goals, market competitiveness, and internal equity
Our take
Figure is the largest non-bank provider of home equity lines of credit, disrupting the lending industry with its blockchain platform, Provenance. The platform works as a registry, ledger, and exchange; handling loans, mortgaging, private credit and private investment.
The company is one of few that offers users the option to leverage their cryptocurrency assets to get loans or mortgages. Betting heavily on the cryptocurrency market has presented both its ups and downs for Figure, but a successful IPO in 2025 suggests its position nowadays is steady.
As digital assets continue to gain mainstream acceptance, there should be ample opportunity for Figure to expand its reach in the future. The company's IPO was supported by Goldman Sachs, Jefferies and BofA Securities, and raised an impressive $787.5 million.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-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
- 100% of premium costs for employees and dependents for medical, dental, and vision insurance
- Reimbursement for approved continuing education (eligible employees)
- 10 company-wide holidays plus one personal holiday
- Generous Flexible Time Away (FTA), Paid Time Off (PTO), and paid parental leave
- Bonus plan (eligible employees)
- Option to purchase a set number of shares of Figure's common stock (eligible employees)
Company HQ
Civic Center, New York, NY
Leadership
Mike Cagney
(Executive Chair & Co-founder)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 & Co-founder)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.
Board Member at Cherry and Brex, at the latter of which they previously served as CFO/CBO and then COO. Was also CRO at SoFi.
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