About Figure
Figure is revolutionizing financial services with its disruptive technology platform. Our flagship product is the #1 non-bank HELOC in America. We’re delivering new consumer lending products and a capital markets ecosystem that maximize efficiency and transparency – by capitalizing on our loan origination activities, extensive network of partners, and growing pool of assets.
Join a team of 450+ people at Figure who have originated $11+ billion in loan volume. We’re very profitable and growing fast!
Figure has raised $469 million from top investors like Ribbit Capital, DST, Apollo, and Morgan Creek.
FastCo Most Innovative Companies
Forbes Top 50 Blockchain Companies
About the Role
As a Capital Markets Associate, you will play a key role in driving the company’s growth through securitization structuring, capital modeling, and investor engagement. Collaborating with internal teams and external stakeholders, you will assist in executing securitization transactions, optimizing deal structures, and developing detailed pricing models for RMBS/ABS products. You’ll prepare investor presentations, perform market analysis, and respond to inquiries, leveraging your technical expertise and financial acumen to deliver innovative solutions. This is an exciting opportunity for a detail-oriented professional with strong analytical skills, technical proficiency, and a passion for tackling complex challenges in a fast-paced environment.
What You’ll Do
- Assist in aspects of structuring and execution of a securitization transaction by collaborating with internal and external stakeholders (investors, investment banks, rating agencies and legal counsel).
- Perform structure optimization, pricing and execution analysis.
- Assist in maintenance of RMBS market and comparable issuer analysis and presentation materials used in investor meetings, updates and proposals.
- Develop deep familiarity with transaction legal documents and relevant stakeholders.
- Collaborate with capital markets, credit, product teams to enhance Figure’s pricing for new and existing loan products.
- Run cashflow models using Excel/Intex for various RMBS/ABS asset classes, including rating agency stresses to understand impact to Figure’s profitability.
- Develop an understanding of modeling tools, rating agency framework, and investor feedback to provide structural ideas/optimization for Figure’s new issues.
- Regular execution analysis of RMBS/ABS debt transactions in the broader market.
- Help prepare pitch and marketing materials for both internal and external use and in discussions with investors, rating agencies, and other interested parties.
- Participate in meetings with sophisticated bond investors and respond to all investor queries.
What We Look For
- Bachelor's degree in Applied Math, Engineering, Computer Science, Economics, or a related technical field. A Master's in a technical degree is a plus.
- 2+ years of experience in a relevant position, or strong quantitative modeling background.
- Proficiency in Python or other programming languages, with a focus in financial applications.
- Understanding the general loan markets.
- Understanding of RMBS/ABS market, deal structures, cashflow modeling.
- Ability to manage multiple projects and work effectively in a fast-paced environment.
- Analytical and detail-oriented with strong organizational, project management, and problem-solving skills.
Salary
- Compensation Range: $93,500 - $112,200
- 25% bonus target
- Equity stock options package
- This is the compensation range for the United States, actual compensation may vary based on individual candidate experience, location, or evolving business needs
Benefits
- Comprehensive health, vision, and dental insurance with 100% employer-paid premiums for employees and their dependents on select plans
- Company HSA, FSA, Dependent Care, 401k, and commuter benefits
- Employer-funded life and disability insurance coverage
- 11 Observed Holidays & PTO plan
- Up to 12 weeks paid family leave
- Continuing education reimbursement
Depending on your residential location certain laws might regulate the way Figure manages applicant data. California Residents, please review our California Employee and General Workforce 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.
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Top Skills
What We Do
Figure has applied blockchain technology across a series of real-world applications that are delivering real and immediate value to everyday consumers across sectors, including loan origination, private company cap table and fund management, security markets and payments. Figure has and continues to develop innovative products and services that seek to bypass traditional incumbents within the financial services industry.
Simply put, Figure is delivering on the promise of blockchain technology. Over $15B in transactions have been conducted on the Provenance Blockchain, a layer 1 designed for financial services, built and deployed by Figure.
As one of the first lenders to fully use blockchain technology, Figure is driving adoption across the lending ecosystem and providing stakeholders the benefit of an immutable record of asset ownership on the Provenance Blockchain. Figure’s HELOC product has enabled over 85,000 households across 45 states to unlock a combined $6 billion in equity from their homes. These lines of credit give people the opportunity to fund home improvement projects, secondary education, and more.
Figure is a regulatory powerhouse, boasting over 200 lending, servicing and money transmission licenses, SEC approval as an Alternative Trading System, and FINRA approved broker-dealer status. While some fintech companies aim to compete with traditional banks, Figure has stuck to expanding use cases for blockchain in finance and creating tech-enabled solutions for deep financial change in the markets. The company's iterative approach to product development has helped it to meet the evolving needs of its customers.
Why Work With Us
Figure creates tech-enabled, cutting-edge solutions for deep financial change, meeting the evolving needs of its customers. As the only firm leveraging blockchain technology to create real-world applications and immediate value to everyday consumers, Figure is effectively bridging the gap between the digital asset and traditional finance spaces.
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