General Counsel, Figure
$368-417k
Salary applicable to candidates based in CO, NY, CA & WA. + Bonus & Equity
Blockchain-powered digital lender
Job no longer available
Blockchain-powered digital lender
501-1000 employees
Job no longer available
$368-417k
Salary applicable to candidates based in CO, NY, CA & WA. + Bonus & Equity
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
- 15+ years of combined, preferably at both a law firm and a mortgage lending company or government agency
- J.D. and membership with at least one state bar in good standing
- Strong project-management skills, with a proven ability to coordinate across departments and functions
- Strong entrepreneurialism, work ethic and hands-on approach
- Ability to address challenging issues while remaining objective and independent
- Ability to build technical processes and work with product teams to provide compliance related requirements
- Demonstrated knowledge and application of consumer finance laws and regulations such as TILA/Regulation Z, ECOA/Regulation B, FCRA, FACTA, FDCPA, SCRA, BSA/AML, EFTA, UDAAP, and GLBA – HMDA a plus
- Proven ability to take a project from start to finish
- Ability to handle several projects at once while staying organized, detail oriented and diligent
- Strong communication skills - ability to articulate verbally and in writing, plans, processes, policies and issues to stakeholders
- Ability to thrive in a fast-paced startup environment
- Public company experience is preferred
What the job involves
- The General Counsel for Figure Technology Solutions and its subsidiaries, affiliates and successors (the “Company”), will be responsible for legal affairs and regulatory compliance for the Company and will lead it through its eventual IPO.
- This is a senior executive position with key influence over the most important strategic decisions within the Company including capital, regulatory and product strategy across the Company’s core HELOC product as well its product suite and business model expansion.
- The General Counsel will lead collaboratively and cross functionally and partner with key stakeholders across the Company
- Manage a team providing legal counsel and support to lending product and operational groups focused on direct and white-label loan originations
- Lead across corporate, commercial, capital markets, product, regulatory and compliance teams to deliver key organizational goals while ensuring cross functional collaboration
- Prepare the Company’s internal legal environment and operations for an IPO as well as setting up the securities compliance and governance infrastructure required post-IPO
- Ensure the company is staying in front of a dynamic regulatory landscape across technology and financial services regulation
- Provide senior support for regulatory examinations, external audits, and third party diligence requests
- Work cross-functionally to gain a deeper understanding of other teams' processes and the impact of policy on their businesses
- Serving as Corporate Secretary to the Board of Directors including: monitoring and implementing corporate governance for the Board and its committees; maintaining accurate Board records including minutes of Board and committee meetings and their actions, and serving as key consultant to Board of Directors and executive team about corporate governance issues and ensuring the Board has adequate resources to fulfill their fiduciary responsibilities to the Company’s shareholders
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.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 8 more jobs at Figure