About Figure

At Figure, we’re on a mission to transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.

Accomplishing this kind of transformation requires building really big things. And we understand that building big requires a creative, team oriented and supportive environment where everyone can do their absolute best work. The Figure team is comprised of incredibly driven, innovative, collaborative and curious people who love architecting and building from scratch. Everyone at the company is encouraged to be an individual contributor but also a team collaborator. 

We value team members who bring an entrepreneurial mindset to every task and will embrace our culture of innovation. Every day at Figure is a journey in continuous learning yet a daily focus on getting work done that makes a difference.

This is an opportunity to work with a team of proven leaders who have already created billions of dollars in value in the Fintech space. Join us!

About the Role

We’re looking for a Product Counsel to join in building and scaling our mortgage product at Figure. This role will own the origination and marketing aspects of the lending program, with a specific focus on Figure’s growth in mortgage lending, including both open-end and closed-end loans. You will collaborate with our product, engineering, operations, and marketing departments to build our mortgage loan origination system and ensure our products and marketing campaigns comply with applicable Federal and State regulations. This is a great opportunity to join a team building innovative products and enhancing the financial services industry through the use of blockchain technology.

What You’ll Do

• Provide day-to-day legal support to lending product and operational groups focused on marketing, applications, underwriting, and originations
• Advise the product team on developing our own mortgage loan origination system, with particular attention to opportunities for automation and efficiency
• Build and manage change management programs, including product/system changes and regulatory changes
• Review marketing materials such as prescreen direct mail, social media ads, television ads, radio ads, search engine marketing ads, disclosures, brochures and forms to ensure compliance with applicable laws and regulations, including Fair Lending and UDAAP concerns
• Provide guidance on the development of policies and procedures 
• Provide 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

What We Look For

• 5+ years of experience, preferably at both a law firm and a mortgage lending company or government agency 
• Mortgage industry experience is required 
• A J.D. degree and a state bar member 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 to provide compliance related requirements  
• Demonstrated knowledge and application of consumer protection laws and regulations such as TILA/Regulation Z, ECOA/Regulation B, FCRA, FACTA, FDCPA, SCRA, BSA/AML, EFTA, UDAAP, and GLBA – HMDA a plus
• Experience conducting compliance monitoring and testing
• 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

Benefits To You

• Competitive salary based on experience and skills
• Firm-wide performance based bonus
• Competitive stock options package as an early member of the team
• A flexible paid time off and vacation policy
• Comprehensive health, vision, dental insurance
• Company FSA, 401k, commuter benefits
• And much more to come!

Depending on your residential location certain laws might regulate the way Figure manages applicant data. California Residents, please review our California Employee and Prospective Employee Privacy Notice for further information. By submitting your application, you are agreeing  and acknowledging that you have read and understand the above notice.

Figure will not sponsor work visas for this position. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.