This role reports to the Chief Legal Officer, leads the Structured Finance legal practice group, and partners daily with the Chief Capital Officer and the Capital Markets, Treasury, Finance, and Product teams. It is a hands-on seat. We are building a legal team that owns deal structure and first drafts rather than managing law firms, and the role carries corresponding authority over outside counsel selection, budgets, and spend on the matters it owns.
What You’ll Do
Lead legal execution of the securitization program: shelf and program documentation, offering documents and disclosure, rating agency and investor diligence, trustee, servicer, and transaction-party agreements, and ongoing compliance (Regulation AB II, Rule 17g-5, risk retention)
Lead legal deal team for warehouse, repurchase, participation, and loan purchase facilities and their amendments
Also lead legal support for forward flow and whole loan sale programs
Structure and document joint ventures, credit funds, and other financing vehicles with institutional capital partners
Serve as legal lead on blockchain-native structures: tokenized securitization tranches, on-chain transfer and settlement mechanics, DeFi-sourced funding, and digital asset collateral, working with Product and Engineering to translate protocol mechanics into enforceable documentation and clear disclosure
Advise on true sale, bankruptcy remoteness, UCC perfection, servicing and trust structures, and the accounting and tax interactions of deal structure, including consolidation and deconsolidation
Own the legal workplan against the deal calendar, including the documentation and financing integration tail from acquired lending platforms
Lead and develop the Structured Finance legal team, currently a senior capital markets counsel, and build the templates, playbooks, and precedent that let repeat transactions run in-house
Select and manage outside counsel on owned matters against first-draft insourcing goals and a spend budget
Coordinate with the Corporate & Securities group on the securities-law aspects of capital markets transactions and with Compliance on regulatory touchpoints
What We Look For
10+ years in structured finance at a top law firm and/or in-house at an issuer or lender, with first-chair securitization and lender finance experience across multiple asset classes (residential mortgage and HELOC, residential transition, auto, unsecured consumer, or similar)
Command of securitization law and practice, including Regulation AB II, Rule 17g-5, risk retention, Rule 144A and Regulation S offerings, true sale and non-consolidation analysis, and trust and servicing structures
Real interest in digital assets, tokenized securities, and DeFi-based funding, with hands-on exposure strongly preferred; ability to learn protocol mechanics quickly and reason about them legally
A structuring mindset: comfortable designing structures without precedent and defending them to rating agencies, investors, auditors, and regulators
A drafter first and a firm manager second, with a record of bringing work in-house and reducing per-deal outside counsel spend
Sound judgment under deal pressure and the ability to turn risk into clear recommendations for senior executives
Experience leading and developing lawyers
Public company or regulated-entity experience a plus; familiarity with Securities Act, Exchange Act, and Investment Company Act questions as they touch structured products a plus
J.D. and membership in good standing with at least one state bar
Excellent written, oral, and interpersonal communication skills
Ability to thrive in a fast-paced, growing company
Adhere to all company security policies and data handling procedures
Complete mandatory security awareness training within required timeframes
Promptly report any suspected security incidents or suspicious activity to the Security team
Salary
Base Compensation Range: $227,700 - $341,550/yr
25% annual bonus target, paid quarterly
Company equity in the form of RSUs
This is the compensation range for the role in the United States. Actual compensation may vary based on a candidate’s experience, skills, location, internal equity, and evolving business needs. While most offers are generally made within the middle of the range, final compensation is determined based on the factors above.
Benefits
Comprehensive medical, dental, and vision coverage, with 100% employer-paid premiums for employees and their dependents on select plans
Company HSA, FSA, Dependent Care FSA, 401(k), and commuter benefits
Employer-paid life and disability insurance
11 observed holidays and PTO plan
Up to 12 weeks of paid family leave
Continuing education reimbursement
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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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